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FIGURE 5.8 Market share for various photovoltaic (PV) technologies. SOURCE: “Global Solar Power Market.” Frost and Sullivan Analytics. July 2011. Reprinted with permission.

currently implemented CSP installations are producing energy at an LCOE of approximately 12¢/kWh to 15¢/kWh, which is higher than for alternative energy sources. This is expected to drop to below 12¢/kWh by 2017 as manufacturing improves and new technologies are brought to market. CSP functions best on large scales, and thus building an efficient plant requires a large capital investment. The expected growth of installations broken down regionally is provided in Figure 5.9.

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FIGURE 5.9 Expected installed capacity of concentrated solar power market divided regionally, and compound annual growth rate; 2010 is the base year. SOURCE: “Global Solar Power Market.” Frost and Sullivan analysis. July 2011. Reprinted with permission.



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