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SOLAR MILLENNIUM AG

Solarenergie 2010 (In German Language).

Produced by: Bank Sarasin & Cie AG

Year: 2010

The sustainability study “Solar Industry – Entering New Dimensions” by the Swiss private bank Sarasin (author: Dr. Matthias Fawer) compares and assesses the prospects of technologies, markets and industries in the field of solar energy respective of the three areas of application of photovoltaics (PV), solar-thermal energy and solar-thermal power plants (CSP).

According to the study, solar-thermal power plants (CSP) generated another 1.35 GW of new central electricity this year and last. Last year eight power plants with an overall capacity of 350 MW went into operation. It should be noted that solar-thermal power can offer higher “electricity quality” for utilities due to its storage capacity and dispatchability as well as the possibility for use in hybrid power plants. Sarasin expects a realized total capacity for solar thermal power plants of 32,000 MW by 2020.

Additional information on the publication of the study can be found at the Bank Sarasin Website. The complete study can be obtained from the bank.