FTC Solar Introduces Automated Hail Stow Solution to Mitigate Solar Panel Damage [Yahoo! Finance]
FTC Solar, Inc. (FTCI)
Company Research
Source: Yahoo! Finance
launch of its Automated Hail Stow Solution, aimed at minimizing solar panel damage caused by hail storms. The solution integrates advanced technology with meteorological data to automatically adjust the positioning of solar panels, reducing the risk of hail-related damage. Hail storms pose a significant threat to solar panel installations, with insurance claims in the US averaging about $58.4 million per incident In response to this challenge, FTC Solar has developed an automated hail stow solution that leverages its expertise in solar tracker technology and strategic partnerships with industry experts. FTC Solar collaborated with VDE Americas, a renowned third-party industry expert, to study hail events and their impact on solar panel installations. The research led to the development of a hail stow strategy that positions solar modules at the maximum angle allowed by the tracker, away from prevailing winds, to minimize direct hail and associated wind impacts. Key features of F
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News
- 5 Ways Leading Tech Innovators Are Reshaping Business And Branding [Forbes]Forbes
- FTC Solar Introduces Automated Hail Stow Solution to Mitigate Solar Panel DamagePR Newswire
- FTC Solar, Inc. (NASDAQ:FTCI): When Will It Breakeven? [Yahoo! Finance]Yahoo! Finance
- FTC Solar Announces New Sales and Leadership Appointments [Yahoo! Finance]Yahoo! Finance
- FTC Solar Announces New Sales and Leadership AppointmentsGlobeNewswire
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- 5/13/24 - HC Wainwright
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- 6/18/24 - Form 4
- 6/14/24 - Form 144
- 6/14/24 - Form 4
- FTCI's page on the SEC website