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.
Energy Funding: IPOs, M&A, VC and grants for flow batteries, fuel cells, PV trackers and equitable access to solar
Another busy funding week with solar IPOs on deck and venture capital investments — but no cleantech SPACs in the last few day, at least.
New energy transition exit: the Array Technologies IPO
John Tough of Energize Ventures shares an investor’s view of the biggest solar IPO of 2020. It’s the first and largest solar tracking company available to U.S. public markets.
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?
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?
Morning Brief: FERC loses commissioner with no replacements in sight, Improving utility-scale bifacial modeling
Also in the brief: Puerto Rico chooses solar over gas in grid redesign, U.S. clean power giants to join forces to build lobbying muscle.
Morning Brief: Sol Systems and Microsoft partner on 500 MW of solar, PVEL’s new inverter test lab
Also in the brief: Berkshire Hathaway Energy subsidiary NV Energy goes full-on solar-plus-storage, and single-axis tracker analysis.
Dan Shugar, NEXTracker CEO, on solar trackers in wind and the terror of torsional galloping
In the final part of our interview, Dan Shugar, goes into detail about a subject NEXTracker has studied in depth — static and dynamic evaluation of wind impacts on single-axis trackers. We include video of trackers (and a bridge) caught galloping in the wind.
Hardware brief: Solar panel cleaning robots, Humless’ 5kWh battery, IronRidge’s minimalist racking, more!
Intersolar is in a few weeks, so get your hardware press release out to USA-Editors@pv-magazine.com. In the meantime, modules are holding under 20¢/W, and “large wafers” are coming in a year or three!
