array-technologies

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Array Technologies’ Q3 Revenue Dips 34% YoY, Hit by Lower Solar Tracker Sales

U.S.-based solar tracker company Array Technologies reported adjusted earnings per share (EPS) of $0.17 in the third quarter (Q3) of 2024, beating analyst estimates by...

November 12, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: Leading Solar EPC Companies in 2023

Oriano, Waaree Renewable Technologies, Prozeal Green Energy, Tata Power Solar, and Gensol Engineering emerged as the top utility-scale solar engineering, procurement,...

May 13, 2024

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Mercom Staff

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Daily Wrap-up
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Array Technologies Swings to Q1 Loss as Lower Prices Bite

Array Technologies, a utility-scale solar tracker supplier, reported a net loss of $11.3 million in Q1 2024 from a net income of $17.2 million in the same quarter last...

May 10, 2024

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Arshreet Singh

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Finance and M&A

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Solar
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Daily News Wrap-Up: Maharashtra’s 3 Million Residential Rooftop Solar Target

The Maharashtra State Electricity Distribution Company (MSEDCL) has prepared plans to install 3 million rooftop solar systems on houses in the state under the Pradhan...

February 29, 2024

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Staff

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Daily Wrap-up
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Array Tech Reports $19.34 Million Q4 Profit on Higher Operational Income

Array Technologies, a utility-scale solar tracker company, reported a net profit of $19.34 million for the fourth quarter (Q4) of 2023, an improvement of 268%...

February 28, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Daily News Wrap-Up: SJVN’s 1.5 GW Renewable Auction Winners

ACME Cleantech Solutions, Juniper Green Energy, Tata Power Renewable Energy, Solarcraft Power India (Blupine), TEQ Green Power XVI (O2 Power), Hero Solar Energy, and...

November 9, 2023

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Mercom Staff

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Daily Wrap-up
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Array Technologies’ Profit Drops to $23 Million in Q3 as Solar Tracker Sales Decrease

Array Technologies, a utility-scale solar tracker company, reported a profit of $23.2 million for the third quarter (Q3) of 2023, a 42% drop from $40.6 million for the...

November 8, 2023

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Staff

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Other

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Renewable Energy
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Daily News Wrap-Up: RUVNL’s 1.2 GW Solar With Storage Auction

Solarcraft Power (BluPine Energy) and ACME Solar have emerged winners in Rajasthan Urja Vikas Nigam’s auction to set up 1,200 MW of solar power projects anywhere in...

August 10, 2023

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Mercom Staff

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Daily Wrap-up
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Solar Tracker Provider Array Technologies’ Revenue Up by 63% in 1H 2022

U.S.-based solar tracking systems provider Array Technologies has announced the financial results for the first half (1H) and the second quarter (Q2) of the calendar...

August 10, 2022

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Rakesh Ranjan

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Finance and M&A

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Solar
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Funding and M&A Roundup: ENGIE, Credit Agricole Acquire 97.33% Stake in Eolia Renovables

From: Mercom Capital Group Alberta Investment Management Corporation (AIMCo), on behalf of certain of its clients, announced the sale of its 97.33% ownership stake in...

November 15, 2021

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Staff

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Finance and M&A

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Solar
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Solar Tracking Company Array Technologies’ Net Profit Jumps 49% in 2020

Array Technologies, a U.S.-based solar tracking systems manufacturer, has reported a 49% increase in net profit with $59.07 million in 2020 from $39.74 million in 2019,...

March 12, 2021

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Harsh Shukla

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Markets & Policy

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Solar
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Solar Tracking Company Array Technologies Closes IPO After Raising Over $1 Billion

Array Technologies, a U.S.-based manufacturer of solar tracking systems used in large-scale projects,  has announced eh close its upsized initial public offering (IPO)...

October 20, 2020

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Harsh Shukla

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Finance and M&A

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Solar
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Funding and M&A Roundup: Array Technologies Plans to Raise $675 Million in IPO

From: Mercom Capital Group Array Technologies, a manufacturer of ground-mounting systems used in solar PV projects, has filed to raise $675 million in an IPO of its...

October 12, 2020

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Staff

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Other

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Renewable Energy

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