Array Technologies acquires STI Norland
The merger is touted as creating the world’s largest tracker company, and the move is expected to accelerate Array’s international expansion efforts.
Large format modules present a new set of challenges
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.
How do factors related to solar modules impact site-wide tracker costs?
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.
Sunrise brief: Array Technologies to supply 4 GW of trackers for at least 10 solar projects
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.
Cleantech Roundup: Trina Solar, SunSpec Alliance, Array Technologies, and more
Check out this week’s list of some of the newest announcements related to clean energy products.
Total corporate funding into the solar sector rose 24% in 2020
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.
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.
Array Technologies posts a successful Q3, predicts a strong end to 2020
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.
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.
