FTC Solar Reports Q4 Loss

15 Mar 2024 CW Team

FTC Solar, a leading provider of solar mounting systems, recently disclosed its financial performance for the fourth quarter of 2023. Despite its strong position in the renewable energy sector, the company reported a net loss of $11.2 million for the quarter. This figure reflects various challenges faced by the company during the period, including supply chain disruptions, increased competition, and rising operational costs.

Despite the setback, FTC Solar remains optimistic about its long-term prospects. The company continues to invest in research and development to enhance its product offerings and maintain its competitive edge in the market. Additionally, FTC Solar is actively pursuing strategic partnerships and expansion opportunities to further solidify its position in the rapidly growing solar industry.

One of the key factors contributing to FTC Solar's resilience is its commitment to innovation and sustainability. The company's cutting-edge solar mounting solutions are designed to maximize energy production while minimizing environmental impact. With a focus on efficiency and reliability, FTC Solar aims to empower customers to harness the full potential of solar energy and accelerate the transition to a clean energy future.

Despite the challenging economic landscape, FTC Solar remains dedicated to its mission of driving the widespread adoption of solar energy. By delivering high-quality products and exceptional customer service, the company aims to make solar power accessible and affordable to millions of people around the world. With its unwavering dedication to excellence and sustainability, FTC Solar is poised to overcome current challenges and emerge stronger than ever in the years to come.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..