Ad
Array Technologies to deploy trackers to 200MW solar project in Indiana
An Array Technologies tracking product. The company on Tuesday announced its solar-tracking technology will be deployed at a large-scale solar project in Indiana.
Published
Modified
Array Technologies, an Albuquerque-based solar tracking manufacturer, will supply its trackers for a 200-megawatt solar project in Indiana.
The Emerald Green Solar project, which is being developed by ENGIE North America, marks Array’s first full-site deployment of its 100% domestic OmniTrack trackers, officials said in a Tuesday news release. Solar trackers are systems that tilt panels to follow the sun’s path, maximizing energy production.
“This milestone underscores Array’s commitment to American manufacturing and to helping our customers unlock the full value of tax credit incentives,” Array CEO Kevin Hostetler said in a statement.
The deployment of its solar-tracking technology is a big win for Array, as it and other solar companies across the country are navigating a new environment under a Trump presidency focused less on renewables than previous administrations.
The news follows the June announcement of Array’s acquisition of APA Solar LLC, an Ohio-based provider of foundation solutions and fixed-tilt mounting systems for solar projects, for $179 million.
David Carroll, chief renwables officer and senior vice president of ENGIE North America, said working with Array on the project supports the company’s “commitment to delivering local economic benefits in the states and communities where we operate as well as in the wider American economy.”
Energy generated from the solar project, about an hour north of Indianapolis, is expected to power up to 33,000 homes per year, according to the Emerald Green Solar website.
Shares of Array, one of the few publicly traded companies headquartered in New Mexico, were trading at $5.91 at close Tuesday — down 1.5% on the day and more than 12% year to date. The company will hold a second-quarter earnings call on Thursday.
