Solar tracker supplier Array Technologies has increased its revenue in the opening quarter of 2023 due to higher volume sales and average selling price (ASP).
Energy company Avangrid, a US subsidiary of Spanish major Iberdrola, has partnered with solar tracker supplier Array Technologies with the intent to deploy more than US$30 million of its solar trackers.
US solar tracker supplier Array Technologies expects to finish 2022 with a revenue of US$1.62-US$1.64 billion, an organic growth of nearly 50% from 2021.
As solar projects become ever larger, sites with slopes and uneven terrain are becoming the norm for project development, leading tracker manufacturers to adapt their offerings accordingly. Molly Lempriere details the latest launches that aim to address this issue.
A round-up of the latest PV project news from the US and Europe, including two announcements in Spain, the inauguration of a pair of Hungarian PV plants and operations beginning at an installation in Colorado from Lightsource bp.
Array Technologies has posted strong financial results with Q3 revenue driven up by STI Norland’s acquisition and strong organic growth within its legacy business.
