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FTC Solar Launches Safe Harbor Strategy Leveraging Module-Agnostic Universal Torque Tubes & Engineering Services Expertise to Enable Tax Credit Certainty
Globenewswire· 2025-07-31 12:30
Core Insights - FTC Solar is positioned as a leading provider of solar tracker systems, offering solutions that enable utility-scale developers to secure full Investment Tax Credit (ITC) eligibility under recent policy changes [2][3][5] - The company emphasizes the importance of flexibility and adaptability in its products, particularly through the use of universal torque tubes and innovative designs that accommodate various module types [3][4][5] Product and Service Offerings - FTC Solar's tracker systems are designed to be module agnostic, allowing for late-stage modifications without compromising project timelines [4][5] - The company provides two paths for safe harbor qualification: Capex Safe Harbor through early procurement of tracker components and Physical Work Safe Harbor via early-stage foundation procurement [7][8] Market Position and Strategy - FTC Solar's products are optimized for safe harbor eligibility, with a focus on maximizing project flexibility and minimizing capital expenditures [5][6] - The company is actively booking safe harbor orders and has a dedicated engineering team to assist clients in meeting their safe harbor goals [6][8] Industry Context - The recent policy shifts under the "One Big Beautiful Bill" (OBBB) have created uncertainty for solar developers regarding tax credit eligibility, making FTC Solar's offerings particularly relevant [3][5] - The company's robust U.S. manufacturing capabilities and engineering services position it as a reliable partner for developers navigating the evolving regulatory landscape [2][5]
FTC Solar Launches Safe Harbor Strategy Leveraging Module-Agnostic Universal Torque Tubes & Engineering Services Expertise to Enable Tax Credit Certainty
GlobeNewswire News Room· 2025-07-31 12:30
For more information on safe harbor strategies and how FTC Solar can help, see a preview of our white paper here: Safe Harbor White Paper and contact our sales team at safeharbor@ftcsolar.com. About FTC Solar Inc. Founded in 2017 by a group of renewable energy industry veterans, FTC Solar is a global 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 orie ...