Array Technologies ends 2020 with one more 1 GW solar tracker supply contract
The tracking industry’s second-largest player has signed an agreement to supply RP Construction Services with 1 GW of single-axis solar trackers just 20 days after coming to a 1.4 GW agreement with Lightsource BP.
The US installed 4.5 GW of utility-scale solar in 2019
For the third year in a row, more utility-scale solar was installed in the Southeast than any other region in the country, while trackers dominate the mounting market.
A look back at last year’s Solar Games — and what to expect in 2021
In a webinar reflecting on the 2020 competition, installers, organizers and judges shared their experiences about what made the event such a hit. There was mention of a ground-mount competition in the future.
Breaking: PanelClaw acquired by Esdec in a consolidating solar racking market
The solar racking market has quiet revenues of billions of dollars and continues to consolidate — driven by equity firms such as Esdec and Tenex. The market segment has become a small hotbed of M&A.
Morning Brief: Tesla working with Panasonic on 4680 battery cell pilot line at Giga Nevada, Another profitable quarter for Freedom Solar
Also in the brief: The Trump administration is burying dozens of studies detailing the promise of renewable energy, Kansas utility goes for “grid access” charge, plus sonnen working with Stanford
Morning Brief: Solar FlexRack goes Northeast, Aggreko delivers grid stability, Namasté Solar and Solaris win up to 10 MW of PV at CSU
Also in the brief: The Trump administration is burying dozens of studies detailing the promise of renewable energy, plus battery stewardship and recycling
Solar racking companies are getting acquired in a consolidating market: Who’s next?
The solar racking market has quiet revenues of billions of dollars and continues to consolidate — driven by equity firms such as Esdec and Tenex. The market segment has become a small hotbed of M&A. Who’s next?
Swinerton was the lead solar EPC contractor in the US last year
IHS Markit: At 10% market share, Swinerton Renewable Energy maintained its position as the preferred EPC contractor in the U.S. First Solar and Cypress Creek intend on exiting the EPC segment, creating opportunities for established local EPCs and the emerging group of international firms eyeing the growing U.S. utility-scale market.
Array Technologies’ share price up 65% on first day as a public company
The IPO priced at $22, above the top of the anticipated range of $19 to $21 — valuing the solar firm at about $2.8 billion.
IPO update: Solar tracker builder Array Technologies increases number of shares in largest PV IPO of 2020
The reception in the financial community on the eve of the Array Technologies IPO must have been enthusiastic.
