Array Technologies logo — Generating energy with integrity for a sustainable world.

Array Technologies

Generating energy with integrity for a sustainable world.

Founded 1989 United States Albuquerque, United States 732 employees Post Ipo Equity Total: $500.00M Energy, Information Technology +2

General Information

Company Name Array Technologies
Founded Year 1989
Location United States Albuquerque, United States +1
Employees 732
Industries Energy, Information Technology, Manufacturing +1
Funding Stage Post Ipo Equity
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About Array Technologies

Array (Spanish)

Array (Spanish) is a renowned renewable energy company that has been leading the industry since its establishment in 1996. Specializing in the manufacturing and renewable energy sectors, Array focuses on providing sustainable solutions and has a commitment to integrity. Their slogan, "Generating energy with integrity for a sustainable world," aligns with their mission to offer time-proven solar trackers for utility-scale PV plants. These trackers, including the STI H250 and DuraTrack®, are recognized for their reliability and efficiency, making them a preferred choice within the solar industry.

One of the key differentiators for Array is its emphasis on ease of installation, extreme weather risk mitigation, and the utilization of fewer components. This strategic focus not only ensures optimal project returns but also enhances the company's bankability. Moreover, their latest addition to the product portfolio, the OmniTrack™, further strengthens Array's position in the market.

In a significant move, Array (Spanish) expanded its global presence through the acquisition of STI Norland in January 2022. This acquisition has enabled the company to serve the European market more effectively, leveraging the expertise and resources of STI Norland, which operates from Spain.

The backing of notable investors, including Aurica Capital, who participated in the Venture Round investment in 19 February 2020, further validates Array's potential and underscores its attractiveness as a venture capital opportunity. Through its focus on customer service, sustainable practices, and localized sourcing solutions, Array continues to enhance its reputation and deliver best-in-class products and services to its customers.

Taxonomy: solar trackers, utility-scale PV plants, global reach, bankability, acquisition, STI Norland, European market, energy, solar, renewable

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Equity •••••• 1 •••• •••• 11 Aug 2021
Post-IPO Secondary •••••• 1
Investor
18 Mar 2021
Seed Round •••••• 1
Investor
12 Jul 2016

Array Technologies Alternatives & Competitors

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FAQ About Array Technologies

Generating energy with integrity for a sustainable world.
Array Technologies was founded in 1989.
Array Technologies is headquartered in Albuquerque, United States.
Array Technologies operates in the following industries: Energy, Information Technology, Manufacturing, Renewable Energy.
Array Technologies has approximately 732 employees.
Array Technologies has completed 3 funding rounds, raising a total of $500.00M. The latest funding stage is Post Ipo Equity.
Top alternatives and competitors to Array Technologies include Independence Solar, LLC, RER Energy Group, TSUNESS, Saintley Sonne India Pvt Ltd, Creative Energies Solar. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Array Technologies and Independence Solar, LLC are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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