Array Technologies Inc (ARRY) Sector
Energy

(Current) $13.60
0.66 (5.1%) Open Price: 12.79

 

Array Technologies, Inc. is a global leader in the design, manufacturing, and distribution of innovative solar tracking systems for utility-scale solar projects. Founded in 1989, the company is headquartered in Albuquerque, New Mexico, and has played a pivotal role in the advancement of solar energy technology. Array Technologies' mission centers around optimizing solar energy production through efficient and reliable tracking solutions.

 

The heart of Array Technologies' business lies in its single-axis and dual-axis solar tracking systems. These systems use automated mechanisms to orient solar panels towards the sun, maximizing energy capture throughout the day. The company's tracking technology enables solar panels to follow the sun's path, significantly enhancing energy output compared to fixed-panel installations. This efficiency has positioned Array Technologies as a key player in the solar industry.

 

Array Technologies' products are used in utility-scale solar projects around the world, including solar farms, commercial installations, and industrial facilities. The company's solutions are designed to withstand various environmental conditions, including high winds and harsh climates, ensuring long-term performance and reliability. By increasing energy production while utilizing limited land space, Array Technologies contributes to the growth of renewable energy capacity and the reduction of greenhouse gas emissions.

 

The company's commitment to innovation is evident in its continuous efforts to improve its tracking systems and adapt to evolving industry needs. Array Technologies invests in research and development to optimize energy production, reduce maintenance requirements, and enhance system performance. As solar energy continues to play a crucial role in the transition to clean energy sources, Array Technologies remains at the forefront of technological advancements in the field.

 

Array Technologies' contributions extend beyond technology to encompass its dedication to sustainability. By enabling more efficient solar energy generation, the company plays a pivotal role in reducing reliance on fossil fuels and mitigating climate change. Additionally, Array Technologies' focus on responsible manufacturing and environmental stewardship aligns with the broader goals of a sustainable energy future.

 



 

(05/23/24) $12.79
(05/25/24) $12.94
(05/25/24) (Qty.)9,114,379
(05/23/24) $12.38
(05/23/24) $12.98
(05/19/24) $10.60
(05/05/24) $14.85
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