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Array Technologies posts declined revenue in Q1 2024
However, Array Technologies slightly lowered its research and development (R&D) expenses, as it only spent US$1.9 million on R&D activities in Q1 2024, down from US$2.1 million in Q1 2023.
Products
ARRAY DuraTrack with SkyLink™️ and ARRAY OmniTrack with SkyLink™️ uphold the key benefits of ARRAY trackers that our customers depend on with added flexibility and optimization. New features include: an eight linked-row architecture with passive wind mitigation, PV string-powered brushless DC motors, Zigbee wireless communication, and a
ARRAY Technologies and RP Surpass 6GW of Solar Power
ARRAY and RP''s long-time partnership surpasses 6GW of solar power. ALBUQUERQUE, N.M., Dec. 04, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) ("ARRAY" or the "Company"), a global leader in solar tracker solutions, announced today that it has deployed more than 6GW of solar projects in North America through its partnership
Array Technologies completes acquisition of STI Norland, eyes
Array Technologies completes acquisition of STI Norland, eyes greater international expansion. By Sean Rai-Roche. January 12, 2022. Financial & Legal, Balance of System, Companies, Manufacturing.
ARRAY Interactive Demos
Explore ARRAY''s cutting-edge solar tracker solutions with our interactive demos. Learn more about DuraTrack, OmniTrack, STI H250, and SkyLink for enhanced solar site performance. Perfect for EPCs, developers, and investors in utility-scale solar.
DuraTrack®
Tres décadas de ensayos en campo y mejoras en el diseño han dado como resultado el ARRAY DuraTrack®, considerado el seguidor solar más duradero y fiable bajo el sol. Maximice su densidad de energía y optimice sus instalaciones con nuestro sistema de fijación de módulos de un solo perno, tolerancias permisivas y arquitectura flexible.
Array Technologies launches reusable packaging solution
Array Technologies, a provider of utility-scale solar tracking solutions, has announced the introduction of a reusable packaging solution aimed at significantly reducing waste and assisting in the achievement of sustainability goals for its customers.
Inicio
ARRAY Technologies es líder global en la promoción de un futuro basado en el uso de energía limpia. Sus más de 30 años de innovación han permitido a ARRAY consolidar la industria solar y situarse en una posición única para
Array Technologies'' Q3 revenue drops due to decreased shipments
In Q3, Array Technologies'' saw a reduction of 22% in the total number of MWs shipped and a decrease in the average selling price of 12% driven by lower input costs. Therefore, revenue decreased
Array Technologies (ARRY): An Undervalued Solar Stock to Buy
We recently compiled a list of the 7 Most Undervalued Solar Stocks to Buy According to Analysts. In this article, we are going to take a look at where Array Technologies (NASDAQ:ARRY) stands
ARRAY Technologies Appoints Two Industry Veterans to Lead
ALBUQUERQUE, N.M., Nov. 18, 2024 (GLOBE NEWSWIRE)—ARRAY Technologies (NASDAQ: ARRY) ("ARRAY" or the "Company"), a global leader in solar tracker solutions, announces the appointment of Leonardo Serpa as general manager, Europe, the Middle East, and Africa (EMEA) and Héctor Sánchez as vice president of sales, EMEA.Both executives bring a wealth of
Our Story
In January 2022, ARRAY Technologies acquired one of Europe''s leading tracker manufacturers, STI Norland. Together, we became the largest solar tracker company in the world with manufacturing capacity, design, and engineering resources on three continents. This move established ARRAY as a leader in the rapidly growing Brazilian solar market.
ABQ-based Array Technologies reports $231M revenue for Q3
Array Technologies CEO Kevin Hostetler, left foreground, provides a tour of the Array manufacturing facility in Albuquerque to local and state officials. The company reported $231.4 million in
Array Technologies continues momentum with 4GW tracker
Array Technologies has secured a contract for up to 4GW of trackers from specialty contracting company Primoris Services. The deal with Primoris includes a commitment to procure 2.5GW of Array''s
Is Array Technologies (ARRY) the Undervalued Solar Play
We recently published a list of 7 Most Undervalued Renewable Energy Stocks To Buy Now. In this article, we are going to take a look at where Array Technologies (NASDAQ:ARRY) stands against the
ARRAY''s Vision, Mission, & Values
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Key Takeaways from RE+ 2024: Innovation and the Future of Solar
The overarching theme at RE+ 2024 for ARRAY and our customers was innovation—across products, systems, and approaches. As the solar industry continues to scale, innovation is no longer a luxury—it''s a necessity. This year, ARRAY showcased some of our latest advancements, including the new ARRAY DuraTrack with SkyLink™ & ARRAY
Array Technologies to Acquire STI Norland
Array Technologies (NASDAQ: ARRY) is a leading American company and global provider of utility-scale solar tracker technology. Engineered to withstand the harshest conditions on the planet, Array''s high-quality solar trackers and sophisticated software maximize energy production, accelerating the adoption of cost-effective and sustainable energy.
Array Technologies invests in Swap Robotics'' automation in PV
Array''s investment focuses on Swap Robotics'' automated solar panel laying technology. Inage: Swap Robotics. US solar tracker supplier Array Technologies has invested in autonomous robotics
Array Technologies (ARRY): An Undervalued Solar
We recently compiled a list of the 7 Most Undervalued Solar Stocks to Buy According to Analysts. In this article, we are going to take a look at where Array Technologies (NASDAQ:ARRY) stands
Array Technologies awarded damages in Exosun patent case
US solar tracker manufacturer Array Technologies has posted US$231 million in revenues and adjusted EBITDA of US$46.7 million in its Q3 2024 financial results. FTC Solar, Dunlieh Energy sign 1GW
3 FAQs about [Array technologies Somalia]
What is Array Technologies?
Array Technologies is a company that manufactures solar tracker technologies. Its DuraTrack is a tracking system under the sun, and SmarTrack is a machine learning software that boosts energy production and revenues for solar sites.
Did array technologies buy STI Norland?
Image: Array Technologies US solar tracker supplier Array Technologies has completed its previously announced acquisition of Spanish tracker manufacturer Soluciones Técnicas Integrales Norland, S.L. (STI Norland). Array bought a 100% stake in STI for roughly US$652 million (US$401 million in cash and 13.9 million shares of Array common stock).
How much did array buy STI?
Array bought a 100% stake in STI for roughly US$652 million (US$401 million in cash and 13.9 million shares of Array common stock). The deal was expected to close this quarter in a move that Array said makes it the “largest solar tracker company in the world” when based on 2020 order bookings.