Spain and the U.S. currently dominate the global solar thermal market, according to GBI Research, due to an increase in the cost of fossil fuels and supporting government policies. In 2011, Spain held a massive 65 percent of the global concentrated solar power (CSP) market with the U.S. in second at 33 percent of total installed capacity, according to GBI. The U.S. was the first country to produce commercially viable solar thermal electricity. GBI predicts that the U.S. CSP market will increase from 508.5 MW in installed capacity in 2011 to 25,815 MW by 2020 -- a Compound Annual Growth Rate...
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U.S. steps up solar thermal capacity
