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Company profile: Array Technologies

1.1 - Company Overview

Array Technologies Logo

Array Technologies

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of innovative, cost-effective, reliable solar tracking systems manufactured in the USA and shipped worldwide for utilities and corporations. Offerings include Array DuraTrack for utility-scale projects with single-bolt module clamps and wind-load mitigation, STI H250 dual-row tracker moving up to 120 modules, OmniTrack for uneven terrain, and SmarTrack machine learning software to optimize module angles.

Products and services

  • Array DuraTrack®: A utility-scale solar tracker featuring a single-bolt module clamp and passive wind-load mitigation that operates without active stow, sensors, or electricity
  • Array SmarTrack™: An ML-driven software platform that optimizes solar tracker performance by adjusting module angles in response to weather and site conditions
  • Array OmniTrack™: A terrain-flexible solar tracker offering enhanced north/south terrain adaptability and minimized site grading, suitable for deployment on uneven terrain

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Array Technologies

IMG Energy Solutions Logo

IMG Energy Solutions

HQ: United States Website
  • Description: Provider of distributed power solutions, including highly efficient, reliable natural gas-fired power production assets, and a rapidly expanding portfolio of solar energy projects.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full IMG Energy Solutions company profile →
Photosol Logo

Photosol

HQ: France Website
  • Description: Provider of utility-scale photovoltaic power stations on the ground and in shade shelters, delivering permitting, financing, construction, and operation. Services include agrivoltaics, operation, monitoring and technical maintenance (Photom), project development and acquisition (Photosol Développement), and investor products (Photosol Invest) based on secured electricity resale.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Photosol company profile →
Solaer Logo

Solaer

HQ: Spain Website
  • Description: Provider of solar energy management services that promote, develop, build, operate, and maintain photovoltaic projects in an integral way; supervises facilities day by day for maximum profitability; with remote monitoring systems that control the most significant parameters; and carries out periodic preventive reviews.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Solaer company profile →
Clean Energy Group Logo

Clean Energy Group

HQ: United States Website
  • Description: Provider of nonprofit initiatives that promote clean energy and mitigate climate change, collaborating with private, public, and nonprofit partners to accelerate equitable deployment of clean energy technologies and develop inclusive clean energy programs, policies, and finance tools.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Clean Energy Group company profile →
GreenRay Solar Logo

GreenRay Solar

HQ: United States Website
  • Description: Provider of modular plug-and-play AC solar panels that simplify design and installation and reduce solar power costs via a proprietary microinverter and integration technology, making each panel an independent building block; also offers a solar pool ionizer, outdoor solar lighting, solar pool accessories, portable solar for off-grid living, outdoor solar gadgets, and a solar-powered pond fountain.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full GreenRay Solar company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Array Technologies

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Buyer group 1: ████████ ████████

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Buyer group 2: ████████ ████████

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Buyer group 3: ████████ ████████

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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Array Technologies

2.2 - Growth funds investing in similar companies to Array Technologies

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4 - Top valuation comps for Array Technologies

4.2 - Public trading comparable groups for Array Technologies

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4.3 - M&A Transactions similar to Array Technologies

Selected M&A transactions

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Frequently Asked Questions

About Array Technologies

What does Array Technologies do?

Array Technologies is a provider of innovative, cost-effective, reliable solar tracking systems manufactured in the USA and shipped worldwide for utilities and corporations. Offerings include Array DuraTrack for utility-scale projects with single-bolt module clamps and wind-load mitigation, STI H250 dual-row tracker moving up to 120 modules, OmniTrack for uneven terrain, and SmarTrack machine learning software to optimize module angles.

Who are Array Technologies's competitors?

Array Technologies's competitors and similar companies include IMG Energy Solutions, Photosol, Solaer, Clean Energy Group, and GreenRay Solar.

Where is Array Technologies headquartered?

Array Technologies is headquartered in United States.

How many employees does Array Technologies have?

Array Technologies has 1,000 employees 🔒.

When was Array Technologies founded?

Array Technologies was founded in 2010 🔒.

What sector and industry vertical is Array Technologies in?

Array Technologies is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Array Technologies

Who are the top strategic acquirers in Array Technologies's sector and industry

Top strategic M&A buyers and acquirers in Array Technologies's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Array Technologies?

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Financial Investors investing in Array Technologies's sector and industry vertical

Which are the top PE firms investing in Array Technologies's sector and industry vertical?

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Who are the top buyout funds acquiring in Array Technologies's sector and industry vertical?

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Who are the top growth equity funds investing in companies in Array Technologies's sector and industry vertical?

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Valuation benchmarks of companies in Array Technologies's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Array Technologies?

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Which are the key trading comparable groups for Array Technologies for public valuation benchmarks?

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What are recent M&A transactions in Array Technologies's sector and industry vertical?

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What are recent capital raises and funding rounds in Array Technologies's' sector and industry vertical?

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