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 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Array Technologies has withdrawn its support for 2021 after experiencing "unprecedented" rises in material as well as logistics expenses which severely impacted revenues in the initial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 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.
Dec 1, 2020 // Plants, Large-Scale, Commercial, USA, tracker, North America, Array Technologies, Jim Fusaro, duratrack, Eb Russell
Array Technologies beats expectations in spite of Q3 profits slide in initial outcomes given that IPO
Solar tracker supplier Array Technologies stated it defeated expectations throughout Q3 regardless of a slide in year-on-year earnings associated with moving purchase patterns.
Nov 9, 2020 // Markets & Finance News, USA, trackers, North America, Array Technologies, solar trackers, single axis trackers, Jim Fusaro
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