The Calandra Group, a Pittsburgh-based affiliate of JM Metal, has made a major fairness funding BCI Steel and Full Tilt Energy Systems, which have each been steadily rising their presence within the photo voltaic business.
Full Tilt Vitality Methods, a division of BCI Metal, gives a fixed-tilt photo voltaic racking system with installations within the USA and Europe and a multi-GW pipeline of future initiatives. The funding from The Calandra Group will present Full Tilt Vitality Methods with the mandatory capital, operational experience, uncooked materials shopping for energy, and undertaking financing to considerably broaden market share.
With the Calandra Group’s monetary energy, Full Tilt is eyeing utility-scale initiatives as a part of its product line enlargement.
“The BCI group has impressed us with their huge information and relationships inside the photo voltaic business, and has been on the forefront of designing progressive options for the market,” acknowledged Tony Calandra, CEO of the Calandra Group. The funding within the Pittsburgh primarily based manufacturing facility supplies us further torque tube manufacturing capability in our hometown that can provide the wants of the Northeast area, in addition to present us entry to a extremely adaptable fixed-tilt racking resolution within the Full Tilt system.”
BCI Metal is a number one contract producer of photo voltaic monitoring methods, most notably for Nextracker. The funding from Calandra Group will allow BCI Metal to quickly broaden capability at its manufacturing facility within the Pittsburgh space to maintain tempo with rising demand for US-manufactured photo voltaic buildings. BCI Metal was not too long ago highlighted by Secretary of Vitality Jennifer Granholm as a chief instance of superior manufacturing onshoring: a development that strengthens American vitality independence and long-term vitality resiliency.
“We’re thrilled to have The Calandra Group as companions in our drive to have American Photo voltaic ‘Made in America’ once more,” acknowledged Matt Carroll, CEO of BCI Metal and Full Tilt Vitality Methods. “The Calandra Group and JM Metal, with large operational experience and unmatched metal procurement expertise will give BCI Metal vital horsepower to extend our place as a number one provider of tracker torque tubes.
Have you ever checked out our YouTube web page?
We have now a ton video interviews and extra content material on our YouTube web page. Not too long ago we debuted Power Forward! — a collaboration with BayWa r.e. to debate increased stage business subjects in addition to greatest practices / developments for operating a photo voltaic enterprise immediately.
Our longer operating aspect undertaking is The Pitch — by which we’ve got awkward discussions with photo voltaic producers and suppliers about their new know-how and concepts in order that you do not have to. We focus on the whole lot from residential rail-less deck attaching and home solar financing to large-scale energy storage value stacking and utility-driven new house solar + storage microgrids.
Source link
