UPDATE -- Array Technologies announces a 1GW purchase agreement with RP Construction Services
Array Technologies, Inc. (NASDAQ: ARRY) (“Array”) today announced
it has entered into an agreement to supply 1GW of
DuraTrack® HZ v3 single-axis solar trackers to RP Construction
Services, Inc. (“RPCS”). RPCS provides design-build services for
small and medium-sized ground-mounted solar energy projects across
the U.S. and is the leading contractor for solar energy projects
under 25 MWs.
“The endorsement of the segment-leading contractor for
distributed energy projects underscores both the strength of our
product offering and the value our trackers can create for projects
of all sizes. The small-utility, municipal, medium-sized commercial
and community solar markets are growing rapidly, and collaborating
with RPCS to address this segment of the market should further
accelerate our growth in the U.S. I am also pleased that this order
follows on the Lightsource bp purchase agreement announced earlier
this month, making it the second order over 1 GW that we have
received in the past 30 days,” said Jim Fusaro, Chief Executive
Officer of Array.
“We are incredibly excited about expanding our relationship with
Array. They have the best system in the marketplace in terms of
ease of installation, reliability, and durability. We have more
than tripled the size of our company with their products over the
past three years, and we look forward to continuing that growth
with this agreement,” said Eb Russell, Chief Executive Officer of
About Array Technologies, Inc.Array
Technologies is a leading global technology company providing
tracker solutions and services for utility-scale solar energy
projects as one of the world's largest manufacturers of
ground-mounting systems. With efficient installation and terrain
flexibility coupled with high reliability, durability, and
performance, Array delivers a lower levelized cost of energy. The
Company's focus on innovation, combined with its customer-centric
approach, has helped achieve some of the industry's best returns.
Array Technologies is headquartered in the United States with
offices in Europe, Central America, and Australia. Contact us at
arraytechinc.com or view our LinkedIn page.
About RPCSRPCS provides turnkey design and
installation services for ground-mounted solar energy projects in
the U.S. with a focus on the distributed generation market. The
Company has completed more than 700 projects, representing 2 GW of
generation capacity, since 2015. RPCS combines a team-oriented
culture that values all employees with innovative, tech-enabled
work practices to deliver projects of all sizes on-spec and
on-time. RPCS has approximately 250 employees and maintains offices
in California, Mississippi and Texas. Connect with RPCS on LinkedIn
or view our website at www.rpcs.com.
Forward Looking StatementsThis press release
contains forward looking statements. 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 thereto. 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:James McCusker,