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Racking

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.

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Shoals, solar balance-of-system player, had a strong 2020 and sees an even stronger 2021

Dean Solon of Shoals Technologies Group: “The short version is that it’s been a damned good year.” An interview with Shoals covers the growth of large solar projects in the U.S., high AC/DC ratios and the real costs of using cheap components.

Solar tracker builder Array Technologies sets its terms in largest solar IPO of 2020

Profitable solar tracker company Array Technologies is going public the old-fashioned way and eschewing the SPAC method being employed by other renewable companies such as QuantumScape and ChargePoint. Did we mention the company was profitable?

Morning Brief: Role of gas as a bridge fuel in US ‘just got shorter and narrower’

Also in the brief: Trina Solar completed its acquisition of Spanish solar tracker company Nclave, Plus — A Florida county board denies a zoning exemption for a 650-acre solar project in a predominantly Black community after some residents said the proposal constituted environmental racism.

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Array Technologies IPO to raise $100 million: 6 takeaways from the S-1

Profitable solar tracker company Array Technologies is going public the old-fashioned way and eschewing the SPAC method being employed by other renewable companies such as QuantumScape and ChargePoint. Did we mention the company was profitable?

US solar racking industry is innovating and consolidating

With installers and developers needing to squeeze every kilowatt-hour out of every roof and project, racking and trackers are the unsung heroes that secure and tilt panels while maximizing output and protecting wiring and other gear.

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Nextracker inks 1 GW supply deal and claims up to 12% bifacial yield gain

The 1 GW fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai will feature NX Horizon trackers with the deal announced after the manufacturer published new bifacial yield gain claims.

Terabase Energy raises funding to break the $0.01/kWh utility-scale solar barrier with software

Terabase wins a $6 million Round A led by SJF Ventures, an early funder of Nextracker, for an integrated software platform to make building utility-scale solar more efficient, smarter and cheaper.

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Massive 1.1-GW Misae solar complex in Texas moves to Phase II

The 1.1-GWdc Misae comes equipped with Texas brio in the person of Dr. Miguel Alejandro Oneto, a radiologist by training and solar developer by calling. He’s developing the massive project in the Texas panhandle along with LAE American Energy.

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