FTC Solar gains after clinching 3-year South Africa supply deal
ReutersFeb 23, 2026 1:30 PM
Shares of solar company FTC Solar FTCI.O rise 4.9% to $8.59 premarket
FTC says it has secured a three-year supply agreement from Lubanzi Inala, a South African solar procurement company
FTC says it will supply Lubanzi with roughly 840 megawatts of solar trackers over the 3-year term
The first project under this agreement is expected to begin in mid-2026
IN 2025, FTCI was up 91.4%
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