MoUSep 29, 2026, 10:02 AM
FTC Solar, Linxon, Hitachi Energy Sign Strategic Collaboration MoU
AI Summary
FTC Solar, along with Linxon and Hitachi Energy, has signed a Memorandum of Understanding (MoU) to form a strategic collaboration. This partnership aims to jointly develop and deliver utility-scale solar and battery energy storage system (BESS) projects, primarily in North America. The companies will leverage their complementary expertise, with Linxon acting as the EPC integrator, Hitachi Energy providing grid and power technologies, and FTC Solar contributing solar trackers and racking systems. The goal is to create a more integrated, scalable, and execution-focused solution to accelerate project development, reduce risks, and enhance predictability in the renewable energy sector.
Key Highlights
- Linxon, Hitachi Energy, and FTC Solar signed an MoU for strategic collaboration.
- The collaboration aims to jointly pursue and deliver utility-scale solar and battery energy storage system (BESS) projects.
- Linxon will be the primary EPC integrator and market-facing contractor.
- Hitachi Energy will provide solar inverters, BESS power conversion systems, and automation/control systems.
- FTC Solar will supply solar trackers, racking systems, and balance-of-system solutions.
- The partnership seeks to create a standardized and repeatable delivery model for renewable energy projects.
Price Impact
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