Solar Tracker Manufacturer FTC Solar to Explore Breakbulk Shipping to Cut Costs

FTC Solar forecasts a loss of between $14.7 million and $19.7 million in Q3

August 20, 2021

/ Arjun Joshi
/ Finance and M&A, Solar
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U.S. solar tracker systems provider FTC Solar is exploring breakbulk shipping methods and cost-cutting measures to return the business to profitability in Q4 2021. It recorded a revenue of $50.1 million in Q2 2021, a decline of 2% compared with Q2 2020.

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Arjun Joshi

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