WinterGreen Research announces that it has published a new
study Low Iron Solar Glass: Market
Shares, Strategy, and Forecasts, Worldwide, 2015 to 2021. The 2015 study has
642 pages, 356 tables and figures.
Worldwide markets for Low Iron Glass are growing as Concentrating Solar
Power (CSP) takes off as a way to generate electricity. Rapid adoption of CSP worldwide is occurring
as systems provide 24 hour per day power efficiently.Low iron glass decorative
and architectural markets are poised to achieve significant growth based on an
expectation of declining prices for the low iron glass due to economies of
scale.
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As soon as a new market has 100 paying reference accounts,
it becomes a viable market. CSP solar
systems have reached that market inflection point and will exceeded it in 2015.
Growth potential of the CSP sector is strong, part of the
solar growth that is poised to make solar energy represent 90% of the world’s
energy production within 25 years. Just
as smart phones grew rapidly once the price points were affordable and the
economies of scale large enough to drive down prices for the markets to achieve
significant growth, so also solar markets will take off. CSP has a strong ability toreduce the cost of
electricity produced. Compound annual
growth rates are expected to be made meaningless by penetration analysis when
the markets grow rapidly.
There are no hindrances to CSP growth except technology and
the new nanotechnologies make solar processes possible. The materials are simple, silica, silica, and
more silica. With solar energy available
to support the CSP low iron glass and the CSP module manufacturing processes,
the markets will grow at compound rates.
Costs of electricity from CSP plants at US $ 0.15-0.24/kWh
will decline to $.03 and lower by 2017 as the effect of the 35 year life span
of the plant is factored into cost analysis.
Once the plant is built very little labor is necessary, there are no
ongoing fuel costs. This is a compelling
economic story.
By 2021, expectations are that CSP capital costs will
decline even further by between 30% and 50%. New technology will make plant
operations even more efficient by that time.
According to Susan Eustis, the lead author of the team that
created the study, “Concentrating Solar Power (CSP) depends on low iron glass
because the low iron glass is clear and creates increased efficiency in the
capture of solar power. Low ion glass is
proving to be of value because it drives the market for CSP. CSP has been further proven in newly operational
installations, including Ivanpah.”
Concentrating Solar Power (CSP) has moved from the trial
stage to the early adopter stage. Low
iron glass CSP represents 3% of the world glass production. Markets at $510
million in 2014 are expected to reach $4.7 billion by 2021. Growth is expected to achieve 15% of total
low iron glass at glass production in 2021, i.e. the same level as all
automotive glass.
WinterGreen Research is positioned to help customers face
challenges that define the modern enterprises. The increasingly global nature
of science, technology and engineering is a reflection of the implementation of
the globally integrated enterprise.
Customers trust WinterGreen Research to work alongside them to ensure
the success of the participation in a particular market segment.
WinterGreen Research supports various market segment
programs; provides trusted technical services to the marketing
departments. It carries out accurate
market share and forecast analysis services for a range of commercial and
government customers globally. These are
all vital market research support solutions requiring trust and integrity.
WinterGreen Research is an independent research organization
funded by the sale of market research studies all over the world and by the
implementation of ROI models that are used to calculate the total cost of ownership
of equipment, services, and software.
The company has 35 distributors worldwide, including Global Information
Info Shop, Market Research.com, Research and Markets, Bloomberg,electronics.ca,
and Thompson Financial. WinterGreen
Research is positioned to help customers facing challenges that define the
modern enterprises.
The increasingly global nature of science, technology and
engineering is a reflection of the implementation of the globally integrated
enterprise. Customers trust wintergreen
research to work alongside them to ensure the success of the participation in a
particular market segment.
WinterGreen Research supports various market segment
programs; provides trusted technical services to the marketing
departments. It carries out accurate
market share and forecast analysis services for a range of commercial and
government customers globally. These are
all vital market research support solutions requiring trust and integrity.
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