Array Technologies and sPower join forces with multi-gigawatt solar PV agreement
A new three-year partnership between two of the United States’ largest players in solar energy was announced at the GTM Solar Summit in southern California. The collaboration between Array Technologies, Inc., the pioneer of solar tracker technology, and sPower, the largest private owner of operating solar assets in the United States, came after previously working together for over four years. The executed agreement establishes a partnership for the companies to do multi-gigawatts of business over the coming years.
“The newly created partnership between Array Technologies and sPower is a testament to the strength and success of a matured-U.S. solar market,” said Jeff Krantz, Senior Vice President at Array Technologies, “This deal represents a significant milestone for our company’s continued robust growth throughout the nation.”
The adoption of solar trackers for utility-scale solar projects has grown significantly in recent years, with more than 70 percent of ground-mounted PV systems in the United States utilizing the technology. In regions with high solar irradiance, trackers can produce a 20 to 30 percent increase in energy output over fixed-tilt systems. The continued adoption of solar trackers comes down to economics and reliability.
“We are looking forward to this partnership with Array Technologies – it’s going to help enhance our solar portfolio for years to come,” said Josh Skogen, Senior Vice President of Project Development at sPower. “Studies have shown Array’s patented technology to provide the lowest O&M costs of the different architectures on the market, so the partnership is not only a positive industry collaboration, but also provides a significant financial benefit to sPower as the owners of these assets,” said Krantz.