Array Technologies

Array Technologies supplying trackers for 750-MW Ohio solar project
Array Technologies, among the globe's biggest providers of utility-scale solar tracking technology, will provide its DuraTrack solar trackers for a 750-MWDC project in Ohio, established by EDF Renewables North America.
Nov 8, 2022 // Markets & Finance News, Array Technologies, Solar Project
Array Technologies 'on the path to restoring historical margins' as it rebounds from 2021
United States solar tracker supplier Array Technologies has actually gotten better from a difficult 2021 by posting solid Q2 2022 financial results generally due to its acquisition of STI Norland, while upcoming tailwinds could buoy its efficiency additionally still moving with the year.
Aug 11, 2022 // Markets & Finance News, USA, financial results, trackers, North America, Array Technologies, sti norland, supply chain disruption
Array Technologies revenues dented by supply chain woes, project delays
Solar tracker service provider Array Technologies is expecting to bounce back from a 2021 beset by supply chain difficulties and project hold-ups, as its order publication gets to a brand-new high and also comes to be extra geographically diverse.
Apr 7, 2022 // Markets & Finance News, financial results, trackers, Array Technologies, supply chain, company results, AD/CVD, project delays
Array Technologies assigns new CEO as Jim Fusaro calls time at the business
US solar tracker provider Array Technologies has actually assigned Kevin Hostetler as its new CEO after its current CEO Jim Fusaro stated his purpose to retire by the end of the year.
Apr 7, 2022 // Markets & Finance News, USA, North America, Array Technologies, sti norland, ceo, solar trackers, array, executive appointments
Array to supply 1GW single-axis trackers to Gemini solar and storage project in Nevada
United States solar tracker distributor Array Technologies will supply 1GW of its DuraTrack HZ v3 single-axis solar trackers to solar designer Primergy Solar's solar and storage Gemini project in Nevada, USA.
Apr 5, 2022 // Plants, Markets & Finance News, USA, Nevada, North America, Array Technologies, large scale solar, single axis trackers, duratrack, primergy solar, kiewit
Array Technologies completes acquisition of STI Norland, eyes better international expansion
United States solar tracker supplier Array Technologies has finished its formerly revealed purchase of Spanish tracker maker Soluciones T├ęcnicas Integrales Norland, S.L. (STI Norland).
Jan 13, 2022 // Markets & Finance News, trackers, Array Technologies, sti norland, acquisition, local content
Array Technologies purchases STI Norland in US$ 652m deal to produce 'world's biggest tracker company'
United States solar tracker provider Array Technologies is to obtain Spanish tracker producer Soluciones T├ęcnicas Integrales Norland (STI Norland) in a procurement that Array claimed will certainly develop "the biggest tracker business in the world".
Nov 12, 2021 // Markets & Finance News, financial results, trackers, Array Technologies, sti norland, Javier Reclusa, solar trackers
3 Out-of-Favor Solar Supplies to Purchase Currently
First Solar is profitable, has a fantastic annual report, and also currently has a path to development. Array Technologies' stock has crashed in 2021, however there are factors to believe it can recover. Enphase's evaluation is a challenging tablet to swallow, however investors searching for a top-tier hyper-growth supply would certainly be hard-pressed to find a better alternative.
Sep 15, 2021 // Markets & Finance News, First Solar, Enphase Energy, Array Technologies
Here's Why Baron Funds Minimized its Array Technologies (ARRY) Position
Baron Funds, an asset monitoring firm, published its "Baron Small Cap Fund" second quarter 2021 capitalist letter-- a duplicate of which can be downloaded and install here. A return of 6.37% was delivered by the fund's institutional shares for the Q2 of 2021, tracking the S&P 500 Index, which appreciated 8.55% and modestly outmatching the Russell 2000 Growth Index which increased 3.92% for the very same period. You can take a look at the fund's top 5 holdings to have an idea regarding their top bets for 2021.
Sep 2, 2021 // Markets & Finance News, Array Technologies, Baron Funds
Blackstone funds to spend up to USD 500m in Array Technologies
Personal equity funds managed by Blackstone Energy Partners have actually committed to put USD 350 million (EUR 299.6 m) into United States solar tracker maker Array Technologies Inc (NASDAQ: ARRY), with the option to spend a lot more.
Aug 20, 2021 // Markets & Finance News, Array Technologies, blackstone
Array Technologies slides to Q2 loss as weaker full year assistance is renewed, confirms US$ 500m funding raise
US solar tracker service provider Array Technologies slid to a loss in the second quarter of 2021, but has altered business procedures in order to reduce its direct exposure to future rises in product and also delivery expenses.
Aug 13, 2021 // Manufacturing News, Markets & Finance News, USA, North America, Array Technologies, Jim Fusaro
Array Technologies boosts executive group
Solar tracker maker Array Technologies has increased its executive group with the consultation of Erica Brinker to the freshly developed duty of principal marketing police officer and Tyson Hottinger as primary legal officer.
Jul 1, 2021 // Manufacturing News, Markets & Finance News, USA, North America, Array Technologies, Erica Brinker, Tyson Hottinger
Ranking Top 10 Solar Tracker Firms Worldwide
A solar tracker is a device released along with solar panels, guiding the latter in the direction of the sun. Trackers not just increase the energy capture yet additionally further boost the effectiveness of the total power generation procedure via reducing the angle of occurrence-- or the angle that a ray of light makes with a line perpendicular to the surface-- in between the incoming light and also the panel.
Jun 3, 2021 // Markets & Finance News, Nextracker, Array Technologies, solar trackers, Global Market Insights Inc
Array Technologies withdraws 2021 assistance among 'unmatched' increase in products, logistics costs
Array Technologies has withdrawn its support for 2021 after experiencing "unprecedented" rises in material as well as logistics expenses which severely impacted revenues in the initial quarter.
May 13, 2021 // Markets & Finance News, Array Technologies, Jim Fusaro, freight, logistics, steel costs
Array Technologies Protects Contract for up to 4 GW of Trackers
Array Technologies, one of the world's largest producers of ground-mounted systems utilized in solar power projects, has revealed that it has actually been awarded a contract for approximately 4 GW of trackers from Primoris Services Corporation, a leading supplier of specialized contracting services.
Apr 27, 2021 // Manufacturing News, Markets & Finance News, trackers, Array Technologies, International, Jeff Krantz, Stephen Jones