FTC Solar Announces 1GW Tracker Agreement听with Levona Renewables
FTC Solar (Nasdaq: FTCI) has secured a significant 1 gigawatt tracker supply agreement with Levona Renewables for solar projects starting in early 2026. The first project, CT Solar One, is a 140-megawatt facility in Snyder, Texas, spanning 478 acres. This will be followed by CT Solar Two and CT Solar Three, adding approximately 650 megawatts to the development.
The projects will implement FTC Solar's Pioneer 1P trackers and SunPath software for enhanced energy yield through terrain-based backtracking and diffuse light optimization. The partnership highlights FTC Solar's comprehensive support, including engineering assistance and safe harbor strategy.
FTC Solar (Nasdaq: FTCI) ha firmato un importante accordo per la fornitura di inseguitori da 1 gigawatt con Levona Renewables per progetti solari che partiranno all鈥檌nizio del 2026. Il primo impianto, CT Solar One, sar脿 una struttura da 140 megawatt a Snyder, Texas, su 478 acri. A questo seguiranno CT Solar Two e CT Solar Three, che aggiungeranno circa 650 megawatt allo sviluppo.
I progetti utilizzeranno gli inseguitori Pioneer 1P di FTC Solar e il software SunPath per aumentare la produzione energetica grazie al backtracking adattato al terreno e all鈥檕ttimizzazione della luce diffusa. La collaborazione mette in evidenza il supporto completo di FTC Solar, inclusi assistenza ingegneristica e strategia di safe harbor.
FTC Solar (Nasdaq: FTCI) ha asegurado un importante acuerdo de suministro de seguidores de 1 gigavatio con Levona Renewables para proyectos solares que comenzar谩n a principios de 2026. El primer proyecto, CT Solar One, es una instalaci贸n de 140 megavatios en Snyder, Texas, que ocupa 478 acres. Le seguir谩n CT Solar Two y CT Solar Three, que a帽adir谩n aproximadamente 650 megavatios al desarrollo.
Los proyectos emplear谩n los seguidores Pioneer 1P de FTC Solar y el software SunPath para mejorar el rendimiento energ茅tico mediante backtracking ajustado al terreno y optimizaci贸n de la luz difusa. La asociaci贸n destaca el apoyo integral de FTC Solar, incluida la asistencia de ingenier铆a y la estrategia de safe harbor.
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鞚措摛 頂勲鞝濏姼鞐愲姅 FTC Solar鞚� Pioneer 1P 韸鸽灅旎�鞕赌 SunPath 靻岉攧韸胳洦鞏�臧� 鞝侅毄霅橃柎 歆�順� 旮半皹 氚表姼霝橅偣瓿� 靷半瀫甏� 斓滌爜頇旊ゼ 韱淀暣 鞐愲剤歆� 靸濎偘鞚� 頄レ儊鞁滍偟雼堧嫟. 鞚措矆 韺岉姼雱堨嫮鞚� 鞐旍雼堨柎毵� 歆�鞗� 氚� 鞎堨爠 頃惮(safe harbor) 鞝勲灥鞚� 韽暔頃� FTC Solar鞚� 鞝勲皹鞝侅澑 歆�鞗愳潉 臧曥“頃╇媹雼�.
FTC Solar (Nasdaq: FTCI) a conclu un important accord de fourniture de trackers de 1 gigawatt avec Levona Renewables pour des projets solaires pr茅vus d茅but 2026. Le premier projet, CT Solar One, est une installation de 140 m茅gawatts 脿 Snyder, Texas, couvrant 478 acres. S鈥檈nsuivront CT Solar Two et CT Solar Three, ajoutant environ 650 m茅gawatts au d茅veloppement.
Les projets utiliseront les trackers Pioneer 1P de FTC Solar et le logiciel SunPath pour am茅liorer le rendement 茅nerg茅tique via le backtracking adapt茅 au terrain et l鈥檕ptimisation de la lumi猫re diffuse. Le partenariat met en lumi猫re le soutien global de FTC Solar, incluant l鈥檃ssistance ing茅nierie et la strat茅gie de safe harbor.
FTC Solar (Nasdaq: FTCI) hat einen bedeutenden 1-Gigawatt-Tracker-Liefervertrag mit Levona Renewables f眉r Solarprojekte, die Anfang 2026 starten, abgeschlossen. Das erste Projekt, CT Solar One, ist eine 140-Megawatt-Anlage in Snyder, Texas, auf 478 Acres. Darauf folgen CT Solar Two und CT Solar Three, die dem Entwicklungsvorhaben etwa 650 Megawatt hinzuf眉gen.
Die Projekte werden FTC Solars Pioneer 1P Tracker und die SunPath-Software einsetzen, um durch gel盲ndebasiertes Backtracking und Diffuslichtoptimierung die Energieausbeute zu steigern. Die Partnerschaft hebt die umfassende Unterst眉tzung von FTC Solar hervor, einschlie脽lich technischer Unterst眉tzung und einer Safe-Harbor-Strategie.
- Secured major 1GW tracker supply agreement for multiple solar projects
- First project CT Solar One represents 140MW with two additional projects totaling 650MW in pipeline
- Partnership includes both hardware (Pioneer 1P trackers) and software (SunPath) solutions
- Comprehensive support offering including engineering and safe harbor strategy
- None.
Insights
FTC Solar secures major 1GW tracker deal with Levona, significantly boosting backlog and revenue visibility through 2026.
FTC Solar's newly announced
The contract includes both FTC's Pioneer 1P trackers and its SunPath performance software, indicating the company is successfully executing on its strategy to deliver integrated hardware-software solutions that maximize energy yield. The software's terrain-based backtracking and diffuse light optimization capabilities address key technical challenges in utility-scale solar deployment, potentially commanding premium pricing.
This deal significantly validates FTC Solar's product innovations and customer service approach in the highly competitive tracker market. Levona's CEO specifically highlighted FTC's pre-implementation consulting services and engineering support as differentiating factors, suggesting FTC is successfully positioning itself as a value-added partner rather than merely a hardware supplier. The project's substantial scale鈥�
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AUSTIN, Texas, Aug. 26, 2025 (GLOBE NEWSWIRE) -- FTC Solar,听Inc. (Nasdaq: FTCI) (鈥淔TC Solar鈥�), a leading provider of solar tracker systems, and Levona Renewables, (鈥淟evona鈥�) announced today that FTC will be supplying trackers and software for one gigawatt of solar projects for Levona beginning in early 2026.
The first project expected under the agreement, CT Solar One, is a 140-megawatt utility-scale solar facility under development in Snyder, Texas. The project is being built on 478 acres within a 27,000-acre site, and is slated for construction start in early 2026. This project will be followed by CT Solar Two and CT Solar Three, which together will add another approximately 650 megawatts to the overall site development. The projects will utilize FTC Solar鈥檚 innovative Pioneer 1P trackers combined with its SunPath performance-enhancing software to capture additional energy yield through optimized terrain-based backtracking and diffuse light optimization.
鈥淔TC Solar has performed like an extension of our team, adding significant value to our development even before delivering a single product to site,鈥� commented Fernando Queiroz, Chief Executive Officer of Levona Renewables. 鈥淟everaging their development backgrounds and tracker expertise, the FTC team has found multiple ways to optimize our site, including for location, layout, row efficiency, and energy yield, while avoiding civil costs. With an easily constructible tracker and a team willing to go above and beyond and support us with everything from engineering support to safe harbor strategy, we found FTC Solar to be the best partner for us on these projects.鈥�
Yann Brant, CEO of FTC Solar added, 鈥淲e鈥檙e very pleased to be selected by Levona to support this landmark development. At FTC Solar, we now have the most robust product offering in our history to support customers, from high-wind, terrain-following, and the largest range of stow in the industry, to performance and yield-enhancing software and attentive customer service. We look forward to supporting Levona and all of our customers in optimizing each individual project site for years to come.鈥�
About FTC Solar Inc.
Founded in 2017 by a group of renewable energy industry veterans, FTC Solar is a leading provider of solar tracker systems, technology, software, and engineering services. Solar trackers significantly increase energy production at solar power installations by dynamically optimizing solar panel orientation to the sun.鈥疐TC Solar鈥檚 innovative tracker designs provide compelling performance and reliability, with an industry-leading installation cost-per-watt advantage.
About Levona Renewables
Levona Renewables is a pioneering consulting and engineering firm, driving the global energy transition. With headquarters in Plano, Texas, and a branch in Belo Horizonte, Brazil, Levona delivers clean energy projects. The company鈥檚 flagship development is a 1.6GW site on 27,000 acres in Snyder, Texas. Clean energy, innovation and global impact start with Levona.
FTC Solar Contact:
Bill Michalek听
Vice President, Investor Relations听
FTC Solar
T: (737) 241-8618听
E:
Forward-Looking Statements听
This press release contains forward looking statements. These statements are not historical facts but rather are based on our current expectations and projections regarding our business, operations and other factors relating thereto. Words such as 鈥渕ay,鈥� 鈥渨ill,鈥� 鈥渃ould,鈥� 鈥渨ould,鈥� 鈥渟hould,鈥� 鈥渁nticipate,鈥� 鈥減redict,鈥� 鈥減otential,鈥� 鈥渃ontinue,鈥� 鈥渆xpects,鈥� 鈥渋ntends,鈥� 鈥減lans,鈥� 鈥減rojects,鈥� 鈥渂elieves,鈥� 鈥渆stimates鈥� and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. In addition, this press release contains statements about third parties and their commercial activity. We have not independently verified or confirmed such statements and have instead relied on the veracity of information as provided to us by such third parties related to such statements. You should not rely on our forward-looking statements or statements related to third parties or their commercial activities as predictions of future events, as actual results may differ materially from those in the forward-looking statements or statements related to third parties or their commercial activities because of several factors, including those described in more detail above and in our filings with the U.S. Securities and Exchange Commission, including the section entitled 鈥淩isk Factors鈥� contained therein. FTC Solar undertakes no duty or obligation to update any forward-looking statements or statements related to third parties or their commercial activities contained in this release as a result of new information, future events or changes in its expectations, except as required by law.
FAQ
What is the size of FTC Solar's new agreement with Levona Renewables?
Where will the first FTC Solar-Levona project be located?
What technology will FTC Solar (FTCI) provide for the Levona projects?
How many additional megawatts will CT Solar Two and Three add to the development?
When will construction begin on the first Levona-FTC Solar project?
