Solar Tracking Systems Company FTC Solar’s Revenue Dips 25% in Q1 2022

The U.S.-based solar tracker systems provider incurred a net loss of $27.7 million

May 11, 2022

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

U.S.-based solar tracker systems provider FTC Solar recorded a revenue of $49.5 million in the first quarter (Q1) of 2022, a year-over-year (YoY) drop of 25%compared to $65.7 million in the same quarter last year.

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.

Solar Tracking Systems Company FTC Solar’s Revenue Dips 25% in Q1 2022

Continue Reading with Premium Access

Comments

Get the most relevant India solar and clean energy news.

RECENT POSTS