Announced
Completed
Financials
Tags
Joint Venture
Private
United States
Majority
Completed
solar power equipment
Cross Border
Friendly
Renewable Energy Equipment
Single Bidder
Synopsis
FTC Solar, a US-based solar tracker maker, and Taihua New Energy, a steel fabrication company, formed a new joint venture to produce steel components for solar projects. Financial terms were not disclosed. "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," Sean Hunkler, FTC Solar CEO.
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