Global SHIP Market Reaches Five-Year High Despite National Fluctuations

Industry News – March 17, 2025

"The global solar industrial heat (SHIP) market maintained its dynamic development in 2024. The project developers reported 106 new systems with a total capacity of 120 MW for the year. A further 125 MW were under construction by the end of 2024. This is an enormous capacity increase compared to the new SHIP capacity of 94 MW in 2023. The results last year were significantly influenced by three countries. China installed by far the largest SHIP capacity (84.6 MW).

This came about through the commissioning of the 80 MW parabolic trough field in Handan, one of the uses for which is snow production for a tourism resort (see photo). The Netherlands and Mexico led the world market in 2024 with 24 and 22 new systems respectively. The survey was carried out by the German agency solrico in January and February 2025 and supported by Natural Resources Canada."

Read the full article at solarthermalworld.org

Further Content
Industry News
Industrial Decarbonization an Urgent Challenge

April 1, 2026 | Mexicobusiness.News.

"In the shadow of escalating global geopolitical tensions, particularly the ongoing war involving Iran that erupted in late February 2026, the fragility of our dependence on fossil fuels has never been more apparent."

Industry News
Mexico Advances Clean Energy Strategy

March 31, 2026 | Mexicobusiness.News.

"Mexico is accelerating its transition toward clean energy through a combination of state-level agreements, international cooperation, and private-sector investments, reinforcing its position as a strategic hub for sustainable industrial development in North America."

Exhibitions and conferences
Join us Globally!

Join our exhibitions and conferences in the area of renewable energy and energy efficiency around the world.

Press Release
Intersolar Mexico 2025 Concludes With Strong Attendance and a Valuable Exchange of Ideas for the Development of the Solar Industry

September 10, 2025

Intersolar Mexico 2025 concluded with a remarkable turnout and transformative proposals for the development of the solar industry in Mexico.

Press Release
Intersolar Mexico presents its strategic leadership group, key to anticipating the direction of the Mexican energy sector.

April 13, 2026

The Intersolar Mexico Strategic Leadership Group brings together key representatives from the public, private, and academic sectors, ensuring that the event reflects real market priorities and anticipates its evolution.

You are using an outdated browser

The website cannot be viewed in this browser. Please open the website in an up-to-date browser such as Edge, Chrome, Firefox, or Safari.