Deals Counterparts

FTC Solar expands tracker supply agreement with Strata Clean Energy by 1,000MW

Supply Agreement announced

FTC Solar, a solar tracker systems provider, announced a five-year, 1,000MW expansion to its existing tracker supply agreement with Strata Clean Energy. This expansion signifies a significant commitment from Strata Clean Energy to utilize FTC Solar's technology for its utility-scale solar projects, reinforcing FTC Solar's position in the solar tracker market.

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Deal Analysis

Strata Clean Energy committed to another 1,000MW of solar tracker supply from FTC Solar, extending their existing agreement for five years. This expansion indicates Strata's continued confidence in FTC Solar's technology for its utility-scale projects. For FTC Solar, a global provider of innovative tracker systems and engineering services, the deal reinforces its market presence. The additional gigawatt of capacity will support Strata's future utility-scale solar projects.
  • 1,000MW capacity added to existing supply deal.
  • Five-year term for the expanded agreement.
  • FTC Solar, a global tracker systems provider, is the supplier.
  • Strata Clean Energy commits to FTC technology for utility-scale projects.

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