FTC Solar Awarded 225MW Sandhills Energy Solar Project
October 04 2023 - 8:00AM
FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar
tracker systems, software, and engineering services, announced
today that it has been selected by Sandhills Energy to supply its
Pioneer 1P solar tracker solution for a 225-megawatt project to be
built near Columbus, Nebraska.
“We’re pleased to be utilizing FTC Solar’s tracker technology on
this important project,” said Eric Johnson, President of Sandhills
Energy. “The Butler County project will be one of the largest to be
built in our home state of Nebraska, and the innovative and highly
constructible design of FTC’s Pioneer solution will lend itself
well to this development.”
Sean Hunkler, FTC Solar’s CEO commented, “We’re excited to work
with Sandhills on this first of what we hope will be many projects
together. Our Pioneer 1P tracker with its high energy density,
reduced pile count and embedment depth, and fast assembly is
garnering a lot of attention in the marketplace. We look forward to
seeing it in action on this project.”
Tracker delivery in support of the Butler County solar project
is expected to begin in the third quarter of 2024.
The purchase order for this project was received by FTC Solar in
September 2023. The value of the project was included as an awarded
order in the total backlog disclosed on August 9, 2023.
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. FTC Solar’s
innovative tracker designs provide compelling performance and
reliability, with an industry-leading installation cost-per-watt
advantage.
Sandhills Energy, LLCSandhills Energy is a
renewable energy development company based in Nebraska and Iowa.
Founded in 2012, Sandhills Energy has extensive commercial,
municipal and utility generation experience from project
identification through development, engineering, construction, and
operations. Sandhills Energy is rapidly expanding its presence
across the Midwest and beyond to support its multi-gigawatt
renewables development pipeline.
FTC Solar Investor Contact:Bill
Michalek Vice President, Investor Relations FTC SolarT:
(737) 241-8618 E: IR@FTCSolar.com
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forward-looking statements. These statements are not historical
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relating thereto. Words such as “may,” “will,” “could,” “would,”
“should,” “anticipate,” “predict,” “potential,” “continue,”
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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 “Risk Factors” 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.
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