Array Technologies Leads Solar Tracker Industry with Highest US Domestic Content Sourcing
August 28 2023 - 8:30AM
Array Technologies (NASDAQ: ARRY), a leading provider of
utility-scale solar tracker solutions, is the front-runner in
domestic content sourcing, capable of achieving in excess of 85% of
content from U.S. suppliers at scale—an unparalleled benchmark in
the solar industry.
Array's dedication to domestic manufacturing is evidenced by its
collaborations with long-standing U.S. manufacturers, bolstering
its domestic content offerings. Partnering with U.S. manufacturers
that have a proven track record with Array not only assures timely
delivery but also minimizes potential quality risks, thus lowering
risk for its valued customers.
"Array has always placed significant emphasis on local sourcing.
Our flexibility in supply chain management allows us to adapt,
catering to projects with U.S. material content exceeding 85%,"
stated Kevin Hostetler, CEO of Array. "Our history stands as a
testament to our commitment. We have been prioritizing U.S.
materials for our projects long before it became part of the
Inflation Reduction Act (IRA)."
“Our U.S. manufacturing is a well-established benefit of
sourcing utility-scale solar trackers with Array,” said Neil
Manning, chief operations officer of Array. “Our focus on domestic
content not only boosts local industries but also ensures our
customers receive the highest quality, timely products for their
renewable energy projects.”
Array can achieve the largest capacity of domestic content
available to the market, which directly positions Array customers
to maximize their IRA benefits. Array’s commitment to domestic
sourcing and unyielding drive for quality and reliability positions
it at the forefront of the renewable energy revolution in the U.S.,
where it serves as a champion of a brighter, more sustainable
future for all.
About Array TechnologiesArray Technologies 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. Founded and
headquartered in the United States, Array relies on its diversified
global supply chain and customer-centric approach to deliver,
commission and support solar energy developments around the world,
lighting the way to a brighter, smarter future for clean energy.
For more news and information on Array, please visit
arraytechinc.com.
Forward Looking StatementsThis press release
contains forward-looking statements and is based on Array’s current
interpretation of the May 2023 Domestic Content Guidance. These
statements are not historical facts but rather are based on the
Company’s current expectations and projections regarding its
business, operations and other factors relating there to. Words
such as “may,” “will,” “could,” “would,” “should,” “anticipate,”
“predict,” “potential,” “continue,” “expects,” “intends,” “plans,”
“projects,” “believes,” “estimates” and similar expressions are
used to identify these forward-looking statements. These statements
are only predictions and as such are not guarantees of future
performance and involve risks, uncertainties and assumptions that
are difficult to predict. Actual results may differ materially from
those in the forward-looking statements as a result of a number of
factors.
Media Contact: Steve
BreckenH+K Strategies832-285-4620Steve.Brecken@hkstrategies.com
Investor Relations Contact: Array
Technologies, Inc. Investor Relations 505-437-0010
investors@arraytechinc.com
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