Experts predict that the demand of solar tracker will increase to 127GW by 2025.
2020-06-112019 Solar Thermal Electricity Blue Book was released online in the afternoon of May 21, 2020. The Blue Book was compiled by China Solar Thermal Alliance and Professional Committee on Solar Thermal Power generation of Chinese Renewable Energy Society. As mentioned in this book, the newly installed capacity of solar thermal power generation in 2019 is 482.6MW, of which China accounts for 41%.Relevant data shows that the global solar tracker market demand was pegged at 25.0 GW in 2018, expanding at a CAGR of 32.0% from 2019 to 2025.
Resent years, many governments have been concerned about renewable energy developing. Besides,the electricity market has been reformed constantly and the cost of solar thermal power generation has declined. So experts predict that solar energy and solar tracker will be needed on a large scale in the future,and the demand of solar tracker will increase to 127GW by 2025.