US-based solar tracker manufacturer FTC Solar has again downgraded financial forecasts, reducing its Q4 revenue expectations amidst PV project pushbacks in the US.
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.
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.
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.
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.
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.
US solar tracker company FTC Solar become the latest tracker provider to launch an initial public offering (IPO), aiming to raise up to US$423 million.
Mining giant replaces coal with green certificates at Utah operation, residential solar specialist Spruce Finance bags senior secured facility, FTC launches data platform.
