ALBUQUERQUE, N.M., Oct. 25, 2016 /PRNewswire/ -- Array Technologies, Inc. (ATI), the global leader in solar tracking solutions and services, announced today it has shipped six GW of solar trackers globally. The news comes on the heels of GTM Research's recent report The Global PV Tracker Landscape 2016: Prices, Forecasts, Market Shares and Vendor Profiles, which reported that ATI is the nation's market share leader in solar tracker manufacturing based on MW volume of tracker shipments.
The Global PV Tracker Landscape 2016 report notes that ATI is not only the U.S. market leader in solar tracking, but also has "the most extensive track record of any tracking vendor and is in the top tier of bankable tracking vendors."
ATI's unmatched experience is a key component to the company's leadership in the industry. While newer competitors face a steep learning curve, ATI's culture of innovation combined with wisdom from decades in the field and over 12,900 MW years of tracker operation enables the company to provide technology with both low up-front costs and long-term, proven reliability. ATI's trackers have a simple and elegant design, with the flexibility to adapt to a variety of terrains. While many competing tracker architectures contain more than 29,000 parts in a 100 MW solar plant, an ATI-equipped plant of the same size is comprised of a mere 187 parts, drastically reducing the complexity of install and the level of operations and management required to maintain the project. ATI's trackers are also robustly designed to survive extreme weather conditions in any tracker position, unlike alternative trackers which rely on assuming a specific position, such as wind-stow, to withstand weather events.
"With 27 years exclusively dedicated to solar tracking, Array Technologies has learned the best processes, business strategies and technology advancements to provide both a high-quality and low-cost product," said Ron Corio, CEO of ATI. "We look forward to growing our leadership beyond the U.S. to meet the needs of the global utility-scale solar market."
The GTM Research report follows a recent announcement that the Power Opportunities group of Oaktree Capital Management, L.P., a private equity investment strategy focused on accelerating the performance of businesses in the energy and power industries, invested in ATI to enhance the tracker company's global expansion. The firm targets leading infrastructure and equipment businesses in the energy space. The partnership provides ATI with the capital and strategic support needed to expand the company's global utility-scale solar tracker operations.
About Array Technologies, Inc.:
Array Technologies is the worldwide market leader in tracking solutions for utility and commercial solar electric generation systems, with six gigawatts shipped and installed across the globe. Over the past 27 years, Array's innovation in solar tracker design and delivery has set the bar for providing the lowest levelized cost of electricity through our easy to install, maintain, and highly reliable tracking systems. Headquartered in Albuquerque, NM, Array Technologies' solutions are engineered in the USA. For more information about Array Technologies, please visit arraytechinc.com, connect with us on LinkedIn, join us on G+, follow us on Twitter and subscribe to our YouTube channel.
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SOURCE Array Technologies, Inc.