FTC Solar’s Q3 Loss Widens to $25.6 Million

Total backlog stands at $961 million at the end of Q3

November 10, 2022

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights

U.S.-based solar tracker systems provider FTC Solar’s Q3 GAAP (generally accepted accounting principles) net loss widened to $25.6 million compared to $22.9 year-over-year (YoY) due to low demand induced by regulatory hurdles.

Continue Reading with Premium Access

Get unlimited access to in-depth analysis, exclusive interviews, and comprehensive coverage of India's renewable energy sector.

✓Unlimited article access

✓Exclusive market insights

✓Premium research reports

✓Ad-free reading experience

Loading subscription plans...

Already a subscriber? Sign In

Gourav Mishra

Comments

Get the most relevant India solar and clean energy news.

FTC Solar’s Q3 Loss Widens to $25.6 Million

Continue Reading with Premium Access

Comments

Get the most relevant India solar and clean energy news.

RECENT POSTS