FTC Solar & Taihua New Energy Form JV to Produce Steel Components for Solar Projects
- FTC Solar, a US-based solar tracker supplier, has developed a domestic joint venture with Thailand-headquartered steel fabricator Taihua New Energy to produce steel components for solar projects.
- The joint venture called Alpha Steel, will certainly concentrate on manufacturing steel components, including torque tubes, for utility-scale solar projects in Sealy, Texas. Alpha Steel is expected to begin industrial manufacturing in mid-2023.
FTC Solar, a US-based solar tracker maker, has developed a residential joint venture with Thailand-headquartered steel producer Taihua New Energy to produce steel components for solar projects. The joint venture named Alpha Steel, will certainly concentrate on producing steel components, including torque tubes, for utility-scale solar projects in Sealy, Texas. Alpha Steel is anticipated to start industrial manufacturing in mid-2023.
Sean Hunkler, CEO of FTC Solar, stated, "This agreement will additionally enhance our residential supply chain, and also our capability to support our clients as well as the growth of the United States solar market, with residential manufacturing making use of US steel."
Better, Kailiang Ji, Chief Executive Officer of Taihua New Energy, added, "This new production line will certainly consist of modern equipment to assist FTC quickly deploy its distinguished modern technology to consumers."
FTC Solar released its new one module in portrait (1P) Solar Tracker Solution last year. The company claimed it needed fewer foundations of up to 36% as well as might boost energy return. The firm educated that it has likewise authorized an agreement for its initial supply of new item. FTC declared that it might make it possible for 5% higher energy output by leveraging much shorter row lengths.
The features as well as benefits of the new product FTC Solar, it per, can be provided as- a quick assembly making use of proprietary fast-module hang technology as well as fewer overall fasteners, zero-degree stow that enables much shorter pile embedment deepness, lodging of ultra-large format modules of in between 550 W-600 W and also high slope resistance.
