Concentrated Solar Power Continues to Attract Sizeable Investments

January 2, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Concentrated solar power (CSP), contrary to conventional photovoltaic (PV)-based solar generation, harnesses sunlight by using mirrors and lenses to generate thermal energy, which in turn propels a heat engine that converts it into electricity. According to the U.S. Department of Energy, single dish/engine systems can produce 5 to 25 kilowatts (kW) per dish and can be used in distributed applications. CSP also offers enhanced energy storage, as well as more consistent power generation and distribution.