ALBUQUERQUE, N.M., : Array Technologies, Inc. (the “Company” or “Array”) (Nasdaq: ARRY) today announced that the company will release its first quarter 2022 results after the market close on Tuesday, May 10th, 2022, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. The conference call can be accessed […]
Array Technologies, Inc. Announces $500 Million Capital Commitment from Blackstone
ALBUQUERQUE : Array Technologies, Inc. (Nasdaq: ARRY), one of the world’s largest manufacturers of utility-scale solar technology, today announced that it had entered into an agreement to sell up to $500 million of perpetual preferred stock to private equity funds managed by Blackstone Energy Partners (“Blackstone”). Under the terms of the agreement, Array will sell […]
Array Technologies Secures Contract for up to 4GW of Trackers
ALBUQUERQUE, N.M. : Array Technologies (NASDAQ: ARRY) (“Array”), one of the world’s largest manufacturers of ground-mounted systems used in solar energy projects, today announced it has been awarded a contract for up to 4GW of trackers from Primoris Services Corporation (NASDAQ: PRIM), a leading provider of specialty contracting services. The contract includes a commitment to […]
LIGHTSOURCE BP ANNOUNCES A 1.4GW GLOBAL PURCHASE AGREEMENT WITH ARRAY TECHNOLOGIES
Advanced Solar Tracker Technology + Software to be deployed across Lightsource bp’s newly developed worldwide solar portfolio London – 10 November 2020 – Lightsource bp has entered into a purchase agreement with Array Technologies that will supply Lightsource bp’s newly developed solar portfolio of 1.4GW across the world with DuraTrack® HZ v3 single-axis solar […]
Oaktree-Backed Array Jumps in Debut After $1.05 Billion IPO
Array Technologies Inc. rose 66% in its trading debut after its expanded initial public offering raised $1.05 billion for the solar company and its largest shareholder. Shares of the company, a provider of solar-tracking solutions for utility-scale projects, closed at $36.45 Thursday in New York trading. Array Technologies has a market value of about […]
Solar power equipment maker Array raises $1 billion in IPO
U.S. solar power equipment company Array Technologies sold shares in its initial public offering (IPO) on Wednesday at $22 apiece, above its target range, to raise $1.05 billion. The IPO values Array, which is backed by U.S. private equity firm Oaktree Capital, at $2.8 billion. The company also had $749.2 million in debt as of […]
Lightsource BP Secures Solar Tracking Equipment from Array Technologies for over 1.5 Gigawatts of Projects Across the U.S.
$100 million transaction supports Lightsource BP’s construction plans in the U.S. SAN FRANCISCO : Lightsource BP, a global solar leader, has announced the purchase of approximately $100 million in equipment from Array Technologies, an industry leader in reliable solar tracking solutions. The investment in single-axis solar tracking equipment was completed in December, and is the […]
Array Technologies’ selected for one of the largest bifacial solar projects in Australia
Lightsource BP selects Array Technologies to supply single-axis solar tracking technology to the 200MW Wellington solar farm Sydney, Australia : Array Technologies today announced that DuraTrack HZ v3 single-axis solar trackers were selected for the 200MW Wellington solar farm, which will utilize cutting-edge bifacial modules. This project is a landmark development for Australia, as it […]
Array Technologies’ DuraTrack® HZ v3 solar tracker selected for the largest bifacial solar plant in the Americas
A single solar project totaling nearly half a gigawatt leverages advanced bifacial solar tracking technology. Albuquerque, New Mexico: Array Technologies has been chosen to supply its award-winning DuraTrack HZ v3 as the tracker of choice for a project consisting of almost half a gigawatt. Once fully operational, the solar plant featuring bifacial solar modules will […]