Hostetler will succeed Jim Fusaro, and will be assisting Array in the integration of recently acquired STI Norland.
The technology promises lower LCOE, drastic reductions in project costs, and reduced shipping costs, yet availability issues and the variance in form factors have contributed to limited field usage thus far.
The merger is touted as creating the world’s largest tracker company, and the move is expected to accelerate Array’s international expansion efforts.
As modules change in size and form factor, ripple effects are felt across the entire solar industry, requiring tweaks, modifications, and outright changes to longstanding project development and construction practices.
With the market for solar modules ever-evolving, Array Technologies and PVEL released a study looking at the different module characteristics that affect site-wide tracker costs.
Also on the rise: Sunlight opens a 2 GWh capacity lead and lithium battery plant in North Carolina, Bloom Energy deploys its hydrogen-based SOFC, and Schneider Electric is building a microgrid at a Connecticut campus.
Check out this week’s list of some of the newest announcements related to clean energy products.
Despite a slow start and a downturn in venture capital and private equity funding, total funding saw a significant rise, including the largest amount of projects acquired in a single year to date and the largest amount of securitization financing ever in a year.
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 tracker company has seen significant growth in 2020 and has performed well since going public in October. With a strong order sheet, including 1.4 GW of trackers from Lightsource BP alone, the company is showing no signs of slowing down in 2021.
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