FTC Solar Declares Q1/2022 Financial Results
US AD/CVD Investigation Impact: FTC Solar Withdraws 2022 Annual Guidance
FTC Solar is witnessing US project decisions and schedules being pushed out in time as a result of the AD/CVD investigation initiated by the US Department of Commerce (DOC) adding to current challenges in module procurement because of which it has now withdrawn annual guidance for 2022.
FTC Solar’s Q4/2021 Financial Results
US Solar Tracker Supplier To Acquire Chinese Supplier; Closes 2021 With 44% Annual Revenue Growth
US based solar tracker system company FTC Solar, Inc exceeded its Q4/2021 revenue guidance to register an annual growth of 130% with GAAP revenues of $101.7 million, and announced an agreement to acquire Chinese tracker supplier HX Tracker.
North America PV News Snippets
16.3 MW DC Rooftop Solar Portfolio Exchanges Hands In US & More From CIM, FTC
CIM commissions 250 MW Aquamarine Solar Project in California; FTC Solar bags contract for its largest project outside the US to date; Greenbacker has purchased 16.3 MW DC rooftop solar portfolio in Massachusetts CIM commissions 250 MW PV in Californ.
New CEO To Lead FTC Solar Of US
FTC Solar’s CEO Tony Etnyre To Move Out; To Be Replaced By Western Digital Corporation’s Sean Hunkler, An Ex-SunEdison Senior Executive
US based solar tracker systems and software services provider FTC Solar, Inc. has announced a CEO transition for the company with current incumbent Tony Etnyre stepping down, also as the member of the Board of Directors.
US Solar Tracker Supplier Eyeing $100 Million Through IPO
US Solar Tracker Company FTC Solar Planning To Raise $100 Million Through Initial Public Offering & Get Listed On Nasdaq As ‘FTCI’
After Array Technologies of the US and Soltec of Spain, another solar PV tracker provider and software solutions company FTC Solar has added its name to the list of solar tracker companies that seek to raise capital from the market, through the initial public offering (IPO) route.
