FTC Solar Announces Supply Agreement with Lubanzi Inala

Group 1 - FTC Solar, Inc. has announced a three-year supply agreement with Lubanzi Inala for approximately 840 megawatts of solar trackers, aimed at supporting solar projects in South Africa [1][2] - The agreement includes a combination of 1P and 2P tracker technologies, with the first project expected to commence in mid-2026 [2] - FTC Solar is recognized for its innovative tracker solutions, which enhance energy production by optimizing solar panel orientation, and offers a competitive installation cost-per-watt advantage [3] Group 2 - The partnership with Lubanzi Inala is expected to advance the South African renewable energy industry by providing high-quality solar solutions [2] - FTC Solar's CEO expressed optimism about the collaboration, highlighting the company's ability to support diverse project portfolios with its advanced technology and services [2]