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.
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.
US solar tracker manufacturer Nextracker and steel producer BCI Steel have reopened the Bethlehem steel manufacturing factory in Leetsdale, Pittsburgh that will process steel and produce solar tracker equipment for utility-scale solar projects.
Nextracker will supply 1.5GW of its solar trackers to US independent power producer (IPP) Silicon Ranch as part of a new agreement between the companies.
solar tracker manufacturer FTC Solar has withdrawn its guidance for the year and warned of material uncertainties caused by the US AD/CVD investigation.
Solar tracker provider Array Technologies is expecting to bounce back from a 2021 beset by supply chain challenges and project delays, as its order book reaches a new high and becomes more geographically diverse.
Solar project sites with meaningful terrain variance are becoming the norm. Nextracker’s latest innovation in single-axis tracking mitigates the cost and schedule risk associated with deploying projects on challenging terrain.
Nextracker has been selected to supply its smart solar trackers and TrueCapture technology for the first phase of a 450MW PV project in Sudair, Saudi Arabia, which Nextracker said was the country’s largest solar plant currently under construction.
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.
Italian utility Enel is partnering with engineering, procurement and construction (EPC) contractor Comal to set up a solar tracker manufacturing plant with an annual production of up to 1GW.