Array Technologies (ARRY): Utility-Scale Solar Tracker Solutions

Overview: A Global Leader in Solar Tracking Technology

Array Technologies, Inc. (NASDAQ: ARRY) is one of the world’s foremost providers of utility-scale solar tracking technology. Headquartered in Albuquerque, New Mexico, the company designs, manufactures, and supports solar trackers that maximize energy production for large-scale photovoltaic (PV) projects around the globe. With a history stretching back to 1987, Array Technologies has built a reputation as a trusted, innovative force in the renewable energy sector — one that combines engineering excellence with a relentless focus on reliability, bankability, and long-term performance.

As solar energy transitions from a niche alternative to a mainstream power source, the role of solar trackers has become increasingly critical. Unlike fixed-tilt mounting systems, solar trackers dynamically orient PV panels toward the sun throughout the day, substantially boosting energy yield. Array Technologies sits at the center of this shift, supplying trackers to solar developers, Engineering, Procurement, and Construction (EPC) firms, and project operators across six continents.

Who We Are

Array Technologies was founded on the principle that clean energy should be delivered without compromise. From its roots as a small manufacturing outfit in New Mexico, the company has grown into a global provider employing between 1,001 and 5,000 people worldwide. Its mission is to accelerate the adoption of sustainable energy by delivering solar tracking technology that is reliable, cost-effective, and engineered to perform in the harshest real-world conditions.

The company’s values center on integrity, customer-centricity, and psychological safety — creating an environment where innovation thrives and customer challenges are met with practical, proven solutions. Array Technologies went public on the NASDAQ exchange under the ticker symbol ARRY, reflecting its growth trajectory and the broader capital market’s confidence in utility-scale solar energy.

Array at a Glance — Key Facts

Detail	Information
Founded	1987 (Albuquerque, New Mexico, USA)
Stock Ticker	ARRY (NASDAQ)
Fiscal Year End	December 31
Industry	Renewable Energy / Solar Tracking Technology
Employees	1,001 – 5,000
Global Offices	United States, Spain, Brazil, Australia
Core Market	Utility-Scale Solar Projects

The Array Product Portfolio: Engineered for Performance

Array Technologies offers a comprehensive suite of solar tracking products and software platforms designed to serve the full spectrum of utility-scale project requirements. Each product is engineered with a focus on reliability, ease of installation, and long-term operational performance.

DuraTrack HZ v3 — The Flagship Single-Axis Tracker

The DuraTrack HZ v3 is Array Technologies’ flagship product and the most widely deployed solar tracker in the company’s portfolio. Designed as a single-axis tracker, it rotates PV panels from east to west over the course of the day, continuously optimizing their angle to the sun and maximizing energy production.

Key features of DuraTrack HZ v3 include:

• Time-proven design with fewer moving components, reducing the risk of mechanical failure and lowering long-term maintenance costs
• Extreme weather resilience, engineered to withstand high winds, heavy snow loads, and hail events
• Industry-leading bankability, making it a preferred choice for project financiers and lenders
• Optimized for utility-scale deployments, delivering high power density across large project footprints
• Compatibility with Array’s SmarTrack software platform for intelligent, data-driven performance optimization

The DuraTrack HZ v3 is the result of decades of engineering refinement and field-tested performance data. Its straightforward mechanical design reduces the number of potential failure points, which directly translates to higher uptime and lower operations and maintenance (O&M) costs over the life of a project — typically 25 to 30 years.

OmniTrack — Next-Generation Versatility

The OmniTrack represents Array Technologies’ newest addition to its tracker lineup. Designed as a dual-row tracker system, OmniTrack offers expanded versatility for projects that require higher power density or face unique terrain and layout constraints. Its architecture is purpose-built to address the evolving needs of modern solar developers who are pushing the boundaries of project scale and site complexity.

OmniTrack targets applications where maximizing land utilization is critical. The dual-row configuration reduces the number of drive rows needed per megawatt of capacity, contributing to leaner project budgets and simplified installation logistics. Bankability is a cornerstone of OmniTrack’s design — it is engineered to meet the rigorous scrutiny of project lenders and technical advisors.

Array STI H250 — European-Grade Precision

Through its STI Operations, Array Technologies also offers the Array STI H250, a dual-row tracker system that reflects the company’s international footprint and commitment to serving diverse global markets. The STI H250 was developed with European and South American solar market requirements in mind, incorporating structural designs that address the specific geographic and climatic conditions present in those regions. This product underscores Array’s strategy of maintaining a diversified global product line capable of addressing the unique regulatory, environmental, and logistical requirements of each market it serves.

SmarTrack® Software Platform — Intelligence at Scale

SmarTrack is Array Technologies’ proprietary software and data platform, representing the intelligent backbone of its tracker systems. More than a simple control interface, SmarTrack is a machine learning-powered platform that continuously analyzes weather data, site conditions, and energy production metrics to dynamically optimize tracker positioning throughout the day.

Key Benefits of SmarTrack

• Proprietary algorithms that go beyond standard astronomical tracking to account for diffuse irradiance, cloud cover, and localized weather patterns
• Extreme weather risk mitigation through automated detection and response — automatically positioning panels at optimal stow angles to protect assets during high-wind events and hail storms
• Cybersecurity compliance with NERC-CIP standards, ensuring that connected solar assets meet the robust security requirements mandated for grid-connected infrastructure
• Cloud-based services providing real-time performance insights, remote diagnostics, and fleet-level operational visibility
• Seamless integration with the SmarTrack Controller, a field-hardened hardware unit that acts as the on-site command center for tracker operations

SmarTrack transforms solar trackers from passive mechanical systems into responsive, intelligent assets. For project operators managing multi-site fleets, the platform’s centralized dashboard and analytics capabilities provide the operational transparency needed to maximize uptime and quickly address performance deviations.

Array SkyLink™ Control System — Seamless Communication

The Array SkyLink Control System is a photovoltaic-powered wireless communication platform that provides the connectivity layer for Array’s tracker networks. SkyLink eliminates the need for extensive wired communication infrastructure across large solar sites, reducing installation complexity and cost.

By leveraging PV power for its own operation, SkyLink is self-sustaining and does not require a dedicated power supply — an important consideration for remote project sites. The system delivers real-time operational insights to project operators and integrates directly with the SmarTrack platform, ensuring that communication between the field and the control layer is continuous, reliable, and low-latency.

Built for the Harshest Environments

One of the most distinctive and commercially important aspects of Array Technologies’ product philosophy is its emphasis on extreme weather resilience. Solar projects are long-term investments — often spanning three decades — and the physical environments they operate in can be punishing. High winds, hailstorms, heavy snowfall, and temperature extremes all pose real risks to tracker systems and the PV modules they carry.

Array Technologies has made weatherproofing a central pillar of its engineering program, resulting in products that are consistently specified for projects in high-risk weather zones where lesser tracker systems would face significant performance degradation or structural damage.

Extreme Weather Resilience

The DuraTrack HZ v3 and OmniTrack are engineered to withstand the full spectrum of severe weather conditions encountered in utility-scale solar deployments:

• High winds: Structural members and drive systems are rated to handle sustained high wind loads, with stow positions that minimize aerodynamic lift and drag forces on the panel array
• Snow and ice loads: The tracker geometry and structural design accommodate the weight and lateral forces imposed by accumulated snow and ice, preventing structural failure during winter events
• Thermal cycling: Materials and mechanical joints are selected to maintain dimensional stability and fatigue resistance across the wide temperature ranges experienced in continental and desert climates

Hail Mitigation Solutions

Hail poses a unique and particularly costly risk to utility-scale solar projects. Hailstone impacts can shatter PV modules, causing catastrophic energy production losses and triggering expensive insurance claims and replacement costs. Array Technologies has developed a dedicated hail mitigation capability — the DuraTrack Hail XP system — that directly addresses this risk.

How hail mitigation works:

• The SmarTrack software continuously monitors weather radar and hail forecasting data
• Upon detecting an imminent hail event, the system automatically commands tracker rows to rotate to a steep stow angle — typically 77 degrees from horizontal
• At this near-vertical angle, hailstones strike the panel surface at a glancing angle rather than a direct impact, dramatically reducing the kinetic energy transferred to the glass and cells
• Once the hail threat passes, the system automatically returns panels to their optimized tracking position, restoring energy production with minimal operator intervention

This automated response capability is particularly valuable for projects located in high-risk hail zones across the Great Plains, Texas, Colorado, and other hail-prone regions of the United States. By protecting the most expensive components of a solar project — the PV modules — Array’s hail mitigation technology can deliver significant long-term savings in insurance premiums and replacement costs, representing a compelling return on investment for project owners.

Financial Performance & Investor Relations

Array Technologies, Inc. is a publicly traded company listed on the NASDAQ exchange under the ticker symbol ARRY. As a pure-play solar tracker company, ARRY provides investors with direct exposure to the utility-scale solar energy market — one of the fastest-growing segments of the global energy transition.

ARRY Stock Information

Metric	Details
Stock Exchange	NASDAQ
Ticker Symbol	ARRY
Sector	Clean Energy / Renewable Energy Equipment
Fiscal Year End	December 31
Key Documents	Annual Report (Form 10-K), Quarterly Earnings (10-Q)
Investor Relations	arraytechinc.com/investors

For current stock price, market capitalization, trading volume, and analyst estimates, investors are encouraged to consult real-time financial data platforms such as NASDAQ.com, Yahoo Finance, or Bloomberg. Financial data changes dynamically and is best accessed through these live sources.

Key Financial Metrics & Reports

Array Technologies publishes comprehensive financial disclosures in accordance with SEC reporting requirements. Key documents available to investors include:

• Annual Report (Form 10-K): Provides a detailed overview of the company’s financial performance, business operations, risk factors, and strategic outlook for the full fiscal year
• Quarterly Reports (Form 10-Q): Deliver interim financial updates on revenue, earnings, backlog, and operational developments throughout the year
• Earnings Releases: Published on the company’s investor relations page and disseminated through major financial wire services following each quarterly earnings announcement
• SEC Filings: All regulatory filings are publicly accessible via the SEC’s EDGAR database and the company’s investor relations website

Investors and financial analysts tracking the solar energy sector frequently reference Array Technologies’ order backlog and pipeline as leading indicators of future revenue performance. The company’s results are closely watched as a bellwether for broader utility-scale solar demand trends in the United States and internationally.

ESG Commitment — Sustainable Energy Without Compromise

Array Technologies’ Environmental, Social, and Governance (ESG) program reflects the company’s broader commitment to operating responsibly and contributing to a sustainable future. As a manufacturer of solar tracking technology, Array’s core business is inherently aligned with the global transition away from fossil fuels and toward clean energy generation.

Key dimensions of Array’s ESG commitment include:

• Environmental: Contributing to a reduction in carbon emissions by enabling more efficient solar energy generation at utility scale; minimizing the environmental footprint of manufacturing operations
• Social: Fostering a workplace culture grounded in psychological safety, diversity, and inclusion; celebrating communities and cultures including initiatives tied to Black History Month and other awareness campaigns
• Governance: Maintaining transparency with shareholders through rigorous SEC reporting and consistent investor communications; upholding standards of integrity and ethical business conduct

For project developers, EPCs, and institutional investors who face increasing scrutiny on the sustainability credentials of their investments, Array Technologies’ ESG profile provides important assurance that they are partnering with a company whose values and practices align with responsible business standards.

Why Choose Array Technologies?

In a competitive solar tracker market that includes global players such as Nextracker, First Solar tracker divisions, and regional specialists, Array Technologies has carved out a distinct competitive position based on the combination of engineering depth, proven reliability, and customer-focused service. Here is why leading solar developers and EPCs consistently choose Array for their most demanding projects.

For Developers & EPCs

Solar project developers and EPC contractors operate under intense pressure to deliver projects on time, on budget, and at the energy yield levels committed to offtakers and lenders. Array Technologies addresses their core pain points directly:

• Ease of installation: Array tracker systems are designed for rapid field assembly, with pre-engineered components and clear installation documentation that reduces labor time and the risk of field errors
• Supply chain reliability: Array maintains a diversified global supply chain with manufacturing and sourcing capabilities across the United States and internationally, reducing exposure to single-source supply disruptions
• Extreme weather risk mitigation: Developers building in hail-prone or high-wind regions can specify Array’s proven weather protection features with confidence, reducing project risk and supporting bankability
• O&M cost savings: The DuraTrack’s simplified mechanical design with fewer components means lower maintenance costs over the project’s operational life, directly improving long-term project economics
• Technical support: Array provides commissioning support, field service, and ongoing operational assistance to ensure projects achieve their performance targets from day one

Proven Reliability & Bankability

In the project finance world, ‘bankability’ is one of the most critical attributes a technology provider can possess. Lenders and tax equity investors funding utility-scale solar projects require confidence that the technology underpinning the asset will perform reliably over a multi-decade project life. Array Technologies has earned a strong bankability rating in the market, supported by:

• Decades of field performance data from thousands of installed megawatts globally
• A time-proven product design philosophy that prioritizes simplicity and durability over complexity
• Strong references from leading solar developers and EPCs who have deployed Array products across multiple project cycles
• Transparent technical documentation and willingness to engage with independent engineers and technical advisors during project due diligence

Global Reach, Local Expertise

Array Technologies serves solar markets across the United States, Spain, Brazil, Australia, and beyond. This global footprint reflects the company’s ability to adapt its products and services to the specific requirements of different geographic markets, regulatory environments, and climatic conditions.

At the same time, Array maintains a strong local presence in key markets through regional teams that understand the specific challenges faced by developers and EPCs in those geographies. Whether navigating the hail risks of the Texas panhandle, the extreme heat of the Australian outback, or the regulatory landscape of the Spanish solar market, Array brings contextual expertise that translates into better project outcomes for its customers.

faqs

Conclusion: Powering a Sustainable Future

Array Technologies, Inc. stands at the intersection of two powerful global trends: the accelerating adoption of utility-scale solar energy and the increasing sophistication of the technology ecosystems that support it. From its roots in Albuquerque, New Mexico, the company has grown into a global leader — one that is shaping how renewable energy is generated, protected, and optimized around the world.

Its product portfolio, anchored by the battle-tested DuraTrack HZ v3 and complemented by the innovative OmniTrack and the intelligent SmarTrack software platform, gives solar developers and EPCs the tools they need to build projects that perform reliably across decades of operation in environments ranging from the Texas hail corridor to the Australian outback. The company’s commitment to engineering excellence, cybersecurity, and ESG principles ensures that Array Technologies is not merely keeping pace with the clean energy transition — it is actively driving it forward.

For investors, the ARRY stock represents a direct stake in the utility-scale solar boom, backed by a company with proven technology, a strong global market presence, and a demonstrated ability to innovate in response to the evolving demands of the solar energy industry. For developers and EPCs, Array Technologies is a partner whose products are designed to protect assets, maximize returns, and accelerate the deployment of the clean energy infrastructure the world urgently needs.

As the global energy system continues its transition away from fossil fuels, Array Technologies is positioned to remain a cornerstone provider of the tracking technology that makes large-scale solar power both practical and profitable — helping build a sustainable world, one tracker row at a time.