July 2023 - At the Grandpuits location, TotalEnergies officially opened the largest solar power plant in the region and a battery energy storage system. The Île-de-France region's president, Valérie Pécresse, was there. These two initiatives are a part of TotalEnergies' plan to convert the Grandpuits refinery into a multi-energy, oil-free hub. The Grandpuits solar project, which has a surface area of 12 hectares and a capacity of 25-megawatt peak (MWp), produces 31 gigawatt-hours (GWh) of renewable electricity annually, which is enough to power 19,000 people. Installing 46,000 solar panels on steerable structures known as trackers—which are built to maximize solar energy capture throughout the entire day—makes this production possible.
April 2023 - In collaboration with Solar Optimum and DSD Renewables (DSD), Six Flags Entertainment Corporation, the largest regional theme park operator in the world and North America's largest operator of water parks, announced the installation of a new 12.37-megawatt solar carport and energy storage system at Six Flags Magic Mountain in Los Angeles. Six Flags will be recognized as a leader in the industry as a result of the project, which will be the largest single-site commercial renewable energy project in California and the largest solar installation dedicated to a for-profit enterprise in the US.
Author Credits: Payel Roy, Dhruv Bhatia
Report ID: 5564
Published Date: Jan 23, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Surge in the demand for floating solar panels, growing implementation of smart solar panel mounting systems, and rising need for increased solar power generation capacity are the major factors driving the growth of the solar panel mounting structures market.
The market size of solar panel mounting structures is anticipated to attain a CAGR of 12% over the forecast period, i.e., 2024 â€“ 2036.
The major players in the market are TotalEnergies SE, DSD Renewables, UNIRAC, Inc., Schletter Inc, Mounting Solar-Kit Private Limited, MinebeaMitsumi Inc., NTT DATA CORPORATION, Luxor Solar Co. Ltd, TS Co., Ltd., Japan Renewable Energy Co. Ltd., and others.
The rooftop segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the Europe region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.