Array Technologies bags one more 1GW solar tracker supply contract
- Array Technologies has actually secured a contract to supply 1GW of its single-axis solar trackers to RP Construction Services (RPCS), a US-based supplier of design and installment services for PV projects.
The bargain will see Array provide its DuraTrack HZ v3 trackers to RPCS, which has a focus on the distributed generation market.
Jim Fusaro, Array Technologies CEO, claimed: "The small-utility, local, medium-sized business as well as neighborhood solar markets are proliferating, and working together with RPCS to address this section of the marketplace need to even more increase our growth in the United States."
Using Array's products has actually aided RPCS more than three-way in size over the last 3 years, according to CEO Eb Russell, that included: "And we eagerly anticipate proceeding that development with this arrangement."
The supply offer was second of its kind over 1GW that Array signed in last month complying with an acquisition arrangement with Lightsource bp, which sourced 1.4 GW of the DuraTrack HZ v3 trackers that are expected to be utilized for projects in nations such as the US, Australia and Spain.
Talking in a conference call complying with the magazine of Array's Q3 financial results last month, Fusaro stated that while orders outside the US presently account for around 10% of the business's profits, this is expected to increase relocating right into following year.
The Q3 accounts magazine represented the first time Array had openly revealed and also discussed its quarterly results since its upsized initial public offering in October.