Array Technologies Launches Two New Utility-Scale Solar Tracker Systems to the U.S. Market: Providing Domestically Sourced Solutions that Meet Customer Demands
September 19 2022 - 8:00AM
Array Technologies, Inc. (NASDAQ: ARRY) (“Array” or “the Company”),
one of the world’s largest providers of utility-scale solar tracker
technology, is launching its two newest product offerings, Array
OmniTrack™ and Array STI H250, at RE+ (Booth #2004) in Anaheim,
Calif. from September 19-22.
Building on the Company’s more than 30-year long history of
advanced solar technology, the U.S. launch of Array OmniTrack and
Array STI H250 product families expands Array’s existing line of
DuraTrack® products. The three tracker product lines address
varying customer requirements and the changing needs of the
utility-scale solar industry and meet the IRA’s domestic sourcing
content requirements. Array’s comprehensive product portfolio and
track record of innovation provides customers with solutions that
meet the requirements and priorities of their site. With these new
product introductions, Array continues to deliver reliability, ease
of installation, and extreme weather risk mitigation that provide
optimal project returns to developers and engineering, procurement,
and construction (EPC) companies.
“The addition of OmniTrack and STI H250 to our continuously
evolving product portfolio will help our U.S. customers to better
address the unique challenges of their sites. Having a broader
offering for our customers helps bring more clean energy to the
market faster, advancing the clean energy transition,” said Array
CEO Kevin Hostetler. “Array’s global reach, combined with
locally-focused sourcing solutions, enhances our ability to deliver
the best utility-scale solar solutions to our customers around the
world.”
Array OmniTrack, the newest tracking solution to the Array
portfolio, is specially designed for customers developing project
sites on uneven and challenging terrain. Array’s OmniTrack
terrain-following solution mitigates challenges associated with
projects on undulating terrain while reducing costs and schedules
by enabling less complex site preparation and design. The Company
has forecasted up to a 98% reduction in site grading work when
utilizing OmniTrack.
Following Array’s acquisition of STI Norland in early 2022, the
addition of the STI H250 further strengthens the Company’s global
footprint, providing customers with a full suite of solar trackers
products to meet every site and customer need. STI H250, which
upholds Array’s stringent standards for reliability and durability,
is designed for sites with irregular boundaries, highly angled
blocks, or fragmented project areas. The tracker provides a
favorable levelized cost of energy and is a competitive option with
demonstrated success in Europe and South America.
About Array Technologies, Inc.Array
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 Statements
This press release contains forward-looking statements that are
based on our management’s beliefs and assumptions and on
information currently available to our management. Forward-looking
statements include statements regarding the potential uses and
benefits of Array’s product offerings. Forward-looking statements
include statements that are not historical facts and can be
identified by terms such as “anticipate,” “believe,” “could,”
“estimate,” “expect,” “intend,” “may,” “plan,” “potential,”
“predict,” “project,” “seek," “should,” “will,” “would” or similar
expressions and the negatives of those terms.
Array’s actual results and the timing of events could materially
differ from those anticipated in such forward-looking statements as
a result of certain risks, uncertainties and other factors,
including the risks and uncertainties described in more detail in
the Company’s most recent Annual Report on Form 10-K and other
documents on file with the SEC, each of which can be found on our
website www.arraytechinc.com.
Except as required by law, we assume no obligation to update
these forward-looking statements, or to update the reasons actual
results could differ materially from those anticipated in these
forward-looking statements, even if new information becomes
available in the future.
Media Contact: Steve BreckenH+K
Strategies832-285-4620Steve.Brecken@hkstrategies.com
Investor Relations
Contact: 505-437-0010 investors@arraytechinc.com
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