ftc solar

August 10, 2022
US solar tracker manufacturer FTC Solar has cut its net losses compared with last quarter and Q2 2021 but has seen its revenue collapse, blaming a hostile solar environment in the US that has seen project delays and cancellations, which it said it now hoped was coming to an end.
August 9, 2022
Solar tracker maker FTC Solar and energy contractor AUI Partners have teamed up to provide solar tracking solutions for distributed generation (DG) projects under 20MW within an eight week time frame.
May 11, 2022
solar tracker manufacturer FTC Solar has withdrawn its guidance for the year and warned of material uncertainties caused by the US AD/CVD investigation.
March 15, 2022
US-headquartered solar tracker manufacturer FTC Solar said it was “on the cusp of profitability” after its revenue for Q4 2021 came in above the high end of its recently downgraded guidance.
November 11, 2021
US-based solar tracker manufacturer FTC Solar has again downgraded financial forecasts, reducing its Q4 revenue expectations amidst PV project pushbacks in the US.
November 10, 2021
A round-up of the latest new from the US solar market, as FTC Solar toasts a 500MW+ project win in Arizona and a 3.2GW renewables-enabling transmission project in California edges forward.
September 15, 2021
US tracker manufacturer FTC Solar will replace its CEO Tony Etnyre after two-and-a-half years in the role with ex-SunEdison and semiconductor firm senior exec Sean Hunkler.
August 16, 2021
US tracker manufacturer FTC Solar is turning to alternative shipping methods and cost-cutting initiatives in a bid to return the business to profitability in Q4, with the company’s cost base continuing to surge.
June 14, 2021
US-based solar tracker manufacturer FTC Solar is expecting to record a loss of up to US$17.3 million in Q2 2021 as multiple headwinds combine to put a major drag on performance.
April 28, 2021
FTC Solar has downgraded the pricing of its initial public offering (IPO) and will list at a price of US$13 per share, rather than initial target range of US$18 – 20.

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