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This is your SolarWakeup for May 5th 2025
Our Latest Quarter. On Thursday I spoke to the market about FTC Solar’s latest quarter and the progress were making in our execution. Our revenues continue to steadily rise as many of you recognize the technology that FTC makes has improved labor efficiency and innovates on many fronts. With our team rising to the occasion and growing, we’re in a great spot to keep up the momentum. The business is made up of the innovative 1P tracker and our amazing team, you can find both in Munich this week at the Intersolar show, booth A5.131. If you need to get in touch with someone from my team, just let me know.
Opportunity To Invest. The latest headlines from Dominion Energy show the opportunity that’s ahead for all the businesses in the energy sector. Strong financial performance by the utility, driven by the growth in energy demand, which is just at the start of the capex investments that so many businesses are planning to make show that our economy is inextricably tied to energy access.
Intersolar Europe. Are you heading to Munich for Intersolar? I will be there alongside my FTC Solar colleagues. Reach out if you’ll be in town!
- PV-Magazine: FTC Solar revenue jumps 58% in Q1
- Reuters: Dominion beats quarterly estimates on Virginia, South Carolina power demand
- Utility Dive: Corning increased solar Michigan facility investment to $1.5B
- Bloomberg: Buffett Exit to Lift Energy Executive Abel to Berkshire CEO
- Axios: New report sees corporate climate risk tripling by 2050
- PV-Tech: Stonepeak acquires stake in Repsol’s 777MW US solar-plus-storage portfolio
- Energy Storage News: Cygni Energy opens 4.8GWh BESS assembly plant in Hyderabad, India
- Canary Media: Chart – Clean energy dominated global power construction in 2024
Opinion
Best, Yann
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