FTC Solar, Inc. (NASDAQ:FTCI) is 1 of the best renewable vigor penny stocks to buy.
On March 10, 2026, FTC Solar said it signed a five-year, 1,000-megawatt enlargement to its tracker proviso statement with Strata Clean Energy, deepening an existing narration betwixt the 2 companies. The caller statement is scheduled to instrumentality effect successful the 2nd fractional of 2027.
The woody builds connected the companies’ earlier three-year, 500 MW tracker proviso statement that began successful September 2024, nether which FTC Solar became Strata’s preferred supplier. FTC Solar said the enlargement followed the palmy completion of the archetypal 500 MW of projects utilizing its Voyager 2P star tracker technology.
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The announcement came conscionable days aft FTC Solar reported fourth-quarter 2025 fiscal results connected March 5. Revenue roseate to $32.9 cardinal successful the quarter, up 26.2% from the anterior 4th and 148.9% from a twelvemonth earlier. The institution besides said gross borderline improved by astir 1,500 ground points twelvemonth implicit year, portion absorption pointed to stronger commercialized traction, a larger task pipeline, and continued betterment successful its business.
FTC Solar, Inc. (NASDAQ:FTCI) provides star tracker systems, software, and engineering services that assistance star powerfulness installations amended vigor accumulation by optimizing sheet orientation.
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