FTC Solar Announces 300MW Tracker Agreement in Spain and Italy to Include Utility-Scale Agrivoltaic Projects
AUSTIN, Texas, Aug. 09, 2023 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, announced today that it has been selected by European renewables developer Five-E to supply at least 300 megawatts of its solar tracker technology for multiple project sites in Italy and Spain. Five-E is expected to utilize FTC’s Voyager tracker for most projects.
- Five-E is expected to utilize FTC’s Voyager tracker for most projects.
- "We are very pleased to be selected by Five-E for this portfolio of European projects, which includes multiple utility-scale agrivoltaic projects,” said Patrick Cook, Chief Commercial Officer.
- For agrivoltaic projects, the high energy density and significantly reduced foundation count of our Voyager tracker, relative to competing products and higher ground clearance, makes Voyager the optimal solution.
- Iñigo Asensio, Founder and CEO of Five-E, said, “We’re pleased to sign this partnership agreement with FTC Solar.