AUSTIN,
Texas, May 30, 2024 /PRNewswire/ -- FTC Solar,
Inc. (Nasdaq: FTCI) a leading provider of innovative solar energy
solutions, announces the launch of its Automated Hail Stow
Solution, aimed at minimizing solar panel damage caused by hail
storms. The solution integrates advanced technology with
meteorological data to automatically adjust the positioning of
solar panels, reducing the risk of hail-related damage.
Hail storms pose a significant threat to solar panel
installations, with insurance claims in the US averaging about
$58.4 million per incident. In
response to this challenge, FTC Solar has developed an automated
hail stow solution that leverages its expertise in solar tracker
technology and strategic partnerships with industry experts.
FTC Solar collaborated with VDE Americas, a renowned third-party
industry expert, to study hail events and their impact on solar
panel installations. The research led to the development of a hail
stow strategy that positions solar modules at the maximum angle
allowed by the tracker, away from prevailing winds, to minimize
direct hail and associated wind impacts.
Key features of FTC's Automated Hail Stow Solution include:
- Integration with FTC's proprietary operations management
platform, SUNOPS, for enhanced control and monitoring of PV
plants.
- Utilization of meteorological data combined with hail stow
strategy to ensure automated and timely mitigation against hail
events.
- Multi-radar approach for real-time, highly accurate
meteorological data updates.
- Flexibility for users to choose between auto-stow or manual
stow options.
- Notification feature to warn users of impending hail
events.
- Customizable stow thresholds based on risk appetite and site
location, including factors such as hail size, probability, and
radius.
- Compatibility with leading meteorological data providers,
ensuring seamless integration and data security through
encryption.
"We're excited to introduce our Automated Hail Stow Solution,
offering a proactive approach to mitigating hail-related damage to
solar panel installations," said Andrew
Morse, Senior Director of Software at FTC Solar. "By
combining advanced technology with meteorological insights, we aim
to provide our customers with greater peace of mind and protection
for their solar assets."
The Automated Hail Stow Solution reflects FTC Solar's commitment
to innovation and sustainability in the renewable energy sector.
With a focus on enhancing operational efficiency and minimizing
risk, FTC continues to drive progress towards a more resilient and
sustainable future.
For more information about FTC Solar's Automated Hail Stow
Solution, please visit:
https://www.ftcsolar.com/start-conversation/
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.
Forward-Looking Statements
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
"may," "will," "could," "would," "should," "anticipate," "predict,"
"potential," "continue," "expects," "intends," "plans," "projects,"
"believes," "estimates" 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 "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.
Media Contact:
Sarah Evans
Zen Media
sarah@zenmedia.com
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SOURCE FTC Solar Inc