France Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power CSP Market Size, Share, And COVID-19 Impact Analysis, By Technology Type (Parabolic Trough Technology, and Tower Technology), By Storage Type (Direct Storage, and Indirect Storage), By End-User Application (Utility-Scale Power Generation, and Commercial Power Generation), And France Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power CSP Market Insights, Industry Trend, Forecasts To 2035.

France Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power CSP Market Insights Forecasts to 2035

• The France Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power CSP Market Size is Expected to Grow at a CAGR of around 18.3% from 2025 to 2035
• The France Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power CSP Market Size is expected to hold a significant share by 2035

According to a research report published by Spherical Insights & Consulting, The France Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power CSP Market Size is anticipated to hold a significant share by 2035, growing at a CAGR of 18.3% from 2025 to 2035. The France molten salt solar energy thermal storage and concentrated solar power CSP market is driven by the increasing demand for renewable energy and energy storage solutions.

Market Overview:

Mirrors or lenses are used in Concentrated Solar Power (CSP) to concentrate solar energy and produce high-temperature heat, which produces electricity. Molten salt is used in CSP power plants for thermal energy storage, which allows them to store heat during the day and use it at night to maintain grid stability and a flat power supply. CSP is included in the overall plan for the diversification of renewable energy sources, apart from wind and photovoltaic (PV) energy. Although existing CSP capacity is modest compared to PV, favorable high solar resources of the southern part of France and increasing energy storage technology demand are stimulating pilot projects and studies. Molten salt systems are preferred owing to high temperature stability, long duration storage, and cost savings in the long term. This technology is especially well suited to utility-scale deployment and could support France's baseload nuclear with flexible solar generation.

Report Coverage:

This research report categorizes the France Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power CSP market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France molten salt solar energy thermal storage and concentrated solar power CSP market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France molten salt solar energy thermal storage and concentrated solar power CSP market.

Driving Factor

The growing focus on clean energy and alternative resources globally. Governments globally are setting ambitious renewable energy goals and offering incentives to utilize solar energy in order to realize them. Finally, CSP has become more competitive and efficient compared to conventional energy sources such as coal and natural gas with the advent of molten salt storage technology. The declining cost of CSP technology, as well as the ability to produce baseload power, gives it tremendous attraction as a future option for utilities to diversify their generation mix.

Restraining Factor

The high upfront capital expense is necessary to construct CSP plants. CSP plants need to be fitted with a large amount of infrastructure investment in solar collectors, heat storage tanks, and power conversion machinery. The International Energy Agency (IEA) says that the upfront capital expense of CSP plants could be 30% more than that of traditional solar photovoltaic (PV) plants, which is less desirable to some investors.

Market Segmentation

The France molten salt solar energy thermal storage and concentrated solar power CSP market share is classified into the technology type, storage type, and end-user application.

• The parabolic trough technology segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period

The France molten salt solar energy thermal storage and concentrated solar power CSP market is segmented by technology type into parabolic trough technology and tower technology. Among these, the parabolic trough technology segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The technology is proven, low-cost, and less complicated to manage, thus making it a perfect choice for France's initial phases of CSP deployment. Parabolic trough technology with molten salt or oil storage is gaining popularity rapidly for hybrid solar-thermal power plants in markets.

• The direct storage segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period

The France molten salt solar energy thermal storage and concentrated solar power CSP market is segmented by storage type into direct storage and indirect storage. Among these, the direct storage segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Direct storage systems employ molten salt as the material for storage and a heat transfer medium, reducing energy losses and simplifying the system design. Direct systems provide better thermal efficiency and reduced thermal costs than indirect systems. In France, miniaturized renewable baseload capacity is deployed at a denser rate, hence, the reason direct molten salt storage systems are a priority in pilot CSP plants because they have demonstrated the capability to supply and release thermal energy after hours.

• The utility-scale power generation segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period

The France molten salt solar energy thermal storage and concentrated solar power CSP market is segmented by end-user application into utility-scale power generation and commercial power generation. Among these, the utility-scale power generation segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The search for dependable, dispatchable renewable energy sources to supplement intermittent solar PV and wind power is becoming more and more popular among utility companies and grid operators.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the France molten salt solar energy thermal storage and concentrated solar power CSP market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Abengoa
• Areva
• Acciona
• Novatec
• Shams Power
• GE Renewable
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the France, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the France molten salt solar energy thermal storage and concentrated solar power CSP market based on the below-mentioned segments:

France Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power CSP Market, By Technology Type

• Parabolic Trough Technology
• Tower Technology

France Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power CSP Market, By Storage Type

• Direct Storage
• Indirect Storage

France Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power CSP Market, By End-User Application

• Utility-Scale Power Generation
• Commercial Power Generation