Array Technologies

Array Technologies

Reliable Solar Tracking Solutions | Single-Axis Solar Trackers | DuraTrack® Array Technologies, Inc..

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DateInvestorsAmountRound
investor

€0.0

round
N/A

€0.0

round
investor

€0.0

round
*
N/A

$300m

Post IPO Convertible
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD2021202220232024202520262027
Revenues0000000000000000000000000000
% growth(2 %)92 %(4 %)(42 %)21 %14 %10 %
EBITDA0000000000000000000000000000
% EBITDA margin-5 %18 %19 %17 %19 %19 %
Profit0000000000000000000000000000
% profit margin(6 %)-9 %(26 %)2 %4 %7 %
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article, Equity research estimates

More about Array Technologies
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Array Technologies, Inc. is a prominent player in the renewable energy sector, specializing in utility-scale solar tracking solutions. The company serves a diverse range of clients, including utility companies, solar project developers, and large-scale energy consumers. Operating in the global renewable energy market, Array Technologies focuses on providing reliable and efficient solar trackers that optimize energy production. The business model revolves around the design, manufacturing, and sale of these advanced tracking systems, which adjust the position of solar panels to maximize energy capture throughout the day. Revenue is generated through the sale of these systems, as well as through ongoing maintenance and support services. With over 30 years of innovation, Array Technologies has established itself as a leader in the field, continually expanding its product portfolio and capabilities. The company's commitment to sustainability is evident in its comprehensive ESG (Environmental, Social, and Governance) initiatives, which highlight its dedication to environmental stewardship and social responsibility.

Keywords: solar tracking, utility-scale, renewable energy, energy yield, terrain-adaptive, ESG, sustainability, innovation, solar projects, global market.

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Investments by Array Technologies

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STI Norland
ACQUISITION by Array Technologies Nov 2021
AP Alternatives
ACQUISITION by Array Technologies Jun 2025