array technologies

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.

Enlight has commissioned its 364MW Atrisco solar project, which is co-located with a 1.2GWh battery energy storage system (BESS).

At the same time, the company said that US trade laws and tax credits had created some uncertainty in the solar project market.

The new system builds on the capacities of DuraTrack and OmniTrack offerings, reducing dependence on power grids and adding more flexibility and optimisation possibilities.

Wood Mackenzie’s ‘Global solar PV tracker market share’ report highlights that the top ten vendors accounted for 90% of the global market share in 2023.

North America is expected to be the major market for solar trackers in the upcoming years driven by increased installations in the US.

In the first quarter of the year, Array Technologies' revenue was only US$153.4 million, down from US$341.6 million in Q4 2023.

Solar tracker producer Array Technologies has broken ground on a new manufacturing facility in Bernalillo County, New Mexico.

Hailstorms have hit the 350MW Fighting Jays solar project, raising questions about the solar industry’s ability to respond to extreme weather.

Array Technologies has published its financial results for 2023, reporting total revenue of US$1.58 billion in the year.