Mei Ri Jing Ji Xin Wen·2025-08-20 00:07Core Insights - Concentrated solar power (CSP) is recognized as a highly stable renewable energy source, playing a significant role in the construction of a new power system [1] - The installed capacity of CSP in China has been accelerating, but the base remains small, indicating substantial growth potential for the industry [1] Industry Overview - By the end of 2024, China's cumulative CSP capacity is projected to reach 838.2 MW, with an addition of 300 MW from 2021 to 2024, compared to the annual construction target of 3 GW, highlighting the vast development space in the industry [1] - Since the development of the CSP industry in China began in 2016, the annual installed capacity has shown significant fluctuations, primarily due to: (1) insufficient economic viability of CSP; (2) policy uncertainties regarding electricity pricing leading to volatility [1] Economic Viability - Current pricing policies for CSP in Qinghai Province suggest that CSP has begun to demonstrate economic viability [1] System Value Distribution - The value distribution of CSP systems indicates that the concentrated system, heat absorption system, thermal system, and heat storage system hold significant proportions of the overall value [1]