An FTC Photo voltaic tracker system. Credit score: Pioneer Photo voltaic
Photo voltaic tracker producer FTC Photo voltaic introduced it’s taking full possession of its collectively owned metal manufacturing outfit Alpha Metal within the firm’s third quarter 2025 financial results.
FTC is buying the 55% curiosity in Alpha Metal owned by its three way partnership companions — Thai metal fabricator Taihua New Vitality — for about $2.7 million.
The corporate established Alpha Metal as a manufacturing joint venture partnership in 2023 to make metal elements, together with torque tubes, rails and different elements for utility-scale photo voltaic initiatives. The Alpha Metal facility is situated outdoors of Houston in Sealy, Texas.
Following the closing of the transaction, FTC Photo voltaic will turn out to be the only proprietor of Alpha Metal, giving the corporate full management over a key contributor to its home content material functionality and extra revenue potential, whereas making certain compliance with pointers included within the OBBBA.
Trending Merchandise
