FTC Solar Partners with Levona Renewables for Major Solar Projects
FTC Solar Advances Renewable Energy with Levona Renewables Agreement
FTC Solar, Inc. (Nasdaq: FTCI), a prominent name in solar tracker systems, is making headlines as it forges an agreement with Levona Renewables to provide trackers and software for a substantial one gigawatt of solar energy projects. This collaboration marks a significant step in enhancing the solar landscape as it begins execution in early 2026.
Unveiling New Solar Projects: CT Solar One and Beyond
Among the initial projects under this agreement is the CT Solar One, a notable 140-megawatt solar facility under development. Spanning over 478 acres within a massive 27,000-acre site, CT Solar One is set to kick off its construction phase in early 2026. Following its launch, two additional projects known as CT Solar Two and CT Solar Three will add approximately 650 megawatts to the overall capacity, demonstrating a commitment to renewable energy expansion.
Innovative Tracker Technology
Utilizing FTC Solar's cutting-edge Pioneer 1P trackers, these projects are designed to maximize energy yield. The integration of SunPath performance-enhancing software promises additional energy capture by optimizing terrain-based backtracking and the management of diffuse light. This innovative approach is pivotal in ensuring that the solar installations operate at peak efficiency under varying conditions.
Partnership Insights
Fernando Queiroz, CEO of Levona Renewables, expressed enthusiasm about the collaboration with FTC Solar, stating, "FTC Solar has integrated seamlessly with our team, offering invaluable insights well before deploying any products. Their expertise in optimizing the site layout, energy yield, and civil costs has been instrumental in shaping our strategy.” This fruitful partnership illustrates the synergy between engineering expertise and innovative solar solutions.
The Commitment to Excellence
Yann Brant, CEO of FTC Solar, echoed Levona's sentiments, stating, "Being chosen by Levona for this landmark commitment is a testament to the robust product offering we have cultivated. We aim to provide unparalleled support to all our customers, ensuring that every project is optimized for unique site conditions.” This dedication to customer service and technical excellence is what distinguishes FTC Solar in the competitive landscape of renewable energy providers.
About FTC Solar Inc.
Founded by veterans of the renewable energy sector, FTC Solar has quickly emerged as a leader in providing solar tracker systems, technology, and engineering services. Their adaptive solar trackers, designed to adjust the orientation of solar panels dynamically, play a crucial role in amplifying energy output across solar power facilities. FTC Solar prides itself on not only delivering high-performance products but doing so at a competitive installation cost per watt.
About Levona Renewables
Levona Renewables operates as a groundbreaking consulting and engineering firm focused on facilitating the transition to clean energy. With an impressive portfolio that includes a flagship 1.6 gigawatt site in Snyder, Texas, Levona is committed to driving clean energy projects that make a tangible global impact. Their operations extend across regions, reflecting a dedication to sustainability and innovation.
Contact Information for FTC Solar
For inquiries relating to this significant partnership and further information, please reach out to:
Bill Michalek
Vice President, Investor Relations
FTC Solar
T: (737) 241-8618
E: IR@FTCSolar.com
Frequently Asked Questions
What is the main purpose of FTC Solar's agreement with Levona Renewables?
The agreement focuses on supplying trackers and software for one gigawatt of solar projects, starting in early 2026.
What are the key projects included in this agreement?
The initial projects include CT Solar One, followed by CT Solar Two and CT Solar Three, totaling approximately 790 megawatts.
How does FTC Solar's technology enhance energy performance?
FTC Solar utilizes Pioneer 1P trackers and SunPath software, which optimize energy yield through innovative terrain-based techniques.
What distinguishes FTC Solar in the market?
The company is known for its robust product range, excellent customer service, and competitive installation costs within the industry.
Who can be contacted for more information regarding FTC Solar?
Bill Michalek, Vice President of Investor Relations, is available for inquiries via email at IR@FTCSolar.com or by phone at (737) 241-8618.
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