ARRAY Technologies and RP Surpass 6GW of Solar Power Deployed
ARRAY Technologies (NASDAQ: ARRY) and RP Construction Services (RP) have reached a significant milestone, deploying over 6GW of solar projects in North America through their partnership. The collaboration, which began in 2009, focuses on serving leading solar developers and contractors across various portfolios.
As ARRAY's value-added distributor, RP provides comprehensive support including design solutions, inventory management, kitting and pre-assembly, logistics services, and post-installation service and commissioning. The partnership aims to boost local economies while providing clean energy solutions, with RP currently supporting ARRAY tracker deployments nationwide for major solar companies.
ARRAY Technologies (NASDAQ: ARRY) e RP Construction Services (RP) hanno raggiunto un traguardo significativo, realizzando oltre 6GW di progetti solari in Nord America attraverso la loro partnership. La collaborazione, iniziata nel 2009, si concentra nel servire i principali sviluppatori solari e appaltatori in diversi portafogli.
In qualità di distributore a valore aggiunto di ARRAY, RP fornisce supporto completo, incluse soluzioni di design, gestione dell'inventario, assemblaggio e pre-assemblaggio, servizi logistici e assistenza e messa in servizio post-installazione. La partnership mira a stimolare le economie locali offrendo soluzioni energetiche pulite, con RP che attualmente supporta i dispiegamenti dei tracker ARRAY a livello nazionale per importanti aziende solari.
ARRAY Technologies (NASDAQ: ARRY) y RP Construction Services (RP) han alcanzado un hito significativo, implementando más de 6GW de proyectos solares en América del Norte a través de su asociación. La colaboración, que comenzó en 2009, se centra en servir a los principales desarrolladores y contratistas solares a través de varios portafolios.
Como distribuidor de valor agregado de ARRAY, RP ofrece apoyo integral que incluye soluciones de diseño, gestión de inventarios, kits y pre-ensamblaje, servicios logísticos y servicio post-instalación y puesta en marcha. La asociación tiene como objetivo impulsar las economías locales mientras proporciona soluciones de energía limpia, con RP apoyando actualmente las implementaciones de rastreadores ARRAY a nivel nacional para importantes empresas solares.
ARRAY Technologies (NASDAQ: ARRY)와 RP Construction Services (RP)가 파트너십을 통해 북미에서 6GW 이상의 태양광 프로젝트를 배포하며 중요한 이정표를 세웠습니다. 2009년에 시작된 이 협력은 다양한 포트폴리오에서 주요 태양광 개발자 및 계약자를 지원하는 데 초점을 맞추고 있습니다.
ARRAY의 부가가치 유통업체로서 RP는 디자인 솔루션, 재고 관리, 키트 및 조립 전 작업, 물류 서비스, 설치 후 서비스 및 커미셔닝을 포함한 포괄적인 지원을 제공합니다. 이 파트너십은 청정 에너지 솔루션을 제공하면서 지역 경제를 활성화하는 것을 목표로 하며, RP는 현재 주요 태양광 기업을 위해 전국적으로 ARRAY 트래커 배치를 지원하고 있습니다.
ARRAY Technologies (NASDAQ: ARRY) et RP Construction Services (RP) ont atteint une étape significative, déployant plus de 6GW de projets solaires en Amérique du Nord grâce à leur partenariat. La collaboration, qui a débuté en 2009, se concentre sur le service des principaux développeurs et entrepreneurs solaires à travers divers portefeuilles.
En tant que distributeur à valeur ajoutée d'ARRAY, RP fournit un soutien complet, y compris des solutions de conception, une gestion des stocks, des kits et un pré-assemblage, des services logistiques, ainsi qu'un service après-installation et une mise en service. Le partenariat vise à stimuler les économies locales tout en fournissant des solutions d'énergie propre, RP soutenant actuellement le déploiement des trackers ARRAY à l'échelle nationale pour de grandes entreprises solaires.
ARRAY Technologies (NASDAQ: ARRY) und RP Construction Services (RP) haben einen bedeutenden Meilenstein erreicht und über 6GW an Solarprojekten in Nordamerika durch ihre Partnerschaft umgesetzt. Die seit 2009 bestehende Zusammenarbeit konzentriert sich darauf, führenden Solardevlopern und Auftragnehmern über verschiedene Portfolios zu dienen.
Als wertschöpfender Distributor von ARRAY bietet RP umfassende Unterstützung, einschließlich Designlösungen, Bestandsmanagement, Kitting und Vormontage, Logistikdienstleistungen sowie Service und Inbetriebnahme nach der Installation. Die Partnerschaft zielt darauf ab, die lokalen Wirtschaften zu stärken und gleichzeitig saubere Energielösungen bereitzustellen, wobei RP derzeit die landesweiten Implementierungen von ARRAY-Trackern für wichtige Solarunternehmen unterstützt.
- Achieved milestone of 6GW solar power deployment in North America
- Long-standing partnership since 2009 demonstrates stable business relationship
- Comprehensive service offering through value-added distribution network
- None.
Insights
The milestone of 6GW of deployed solar projects through the ARRAY-RP partnership represents significant market penetration in North America's solar infrastructure sector. The long-standing collaboration since 2009 demonstrates strong execution capabilities and market staying power. The partnership's focus on comprehensive services, including design solutions and logistics support, creates competitive advantages in the growing utility-scale solar market.
With rising electricity demand and continued policy support for renewable energy, this established distribution channel positions ARRAY favorably for capturing future growth opportunities. RP's value-added services like pre-assembly and post-installation support help streamline project deployment and potentially improve margins. However, the announcement lacks specific financial impact details or new contract information that would significantly move the stock price in the near term.
ARRAY and RP’s long-time partnership surpasses 6GW of solar power
ALBUQUERQUE, N.M., Dec. 04, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a global leader in solar tracker solutions, announced today that it has deployed more than 6GW of solar projects in North America through its partnership with RP Construction Services (RP), a leading value-added distributor of solar construction materials.
The ARRAY and RP teams have worked together since 2009 to serve leading solar developers and contractors across a diverse range of portfolios and projects. With a shared commitment to enabling homegrown renewable energy, ARRAY and RP have focused over the years on creating effective partnerships between employees, customers, and communities, uniting them around a goal to boost the local economy while providing clean energy.
“We’re incredibly proud of this milestone, which would not have been possible without the strong partnership of RP,” said Kevin G. Hostetler, chief executive officer at ARRAY. “Our shared vision of driving clean energy transformation remains strong, and I’m confident that our collaboration will continue to accelerate solar adoption and contribute meaningfully to the continent’s energy future.”
“Since we started, our partnership with ARRAY has enabled hundreds of solar projects across the United States, and we expect the trend to continue in the years ahead,” said Eben Russell, founder and president at RP. “Given the rapid increases in electricity demand that we’re seeing, the agility that we bring to our partners is more relevant than ever.”
As ARRAY’s value-added distributor, RP supports ARRAY’s broad range of tracker products, technology and services with comprehensive design solutions, on-hand inventory, kitting and pre-assembly, logistics services, and post-installation service and commissioning.
RP is currently supplying and supporting ARRAY tracker deployments across the country, assisting major solar companies with their growing portfolios of single-axis tracker projects.
Forward Looking Statements
This press release contains forward-looking statements. These statements are not historical facts but rather are based on the Company’s current expectations and projections regarding its business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates” and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors. Forward-looking statements should be evaluated together with the risks and uncertainties that affect our business and operations, particularly those described in more detail in the Company’s most recent Annual Report on Form 10-K and other documents on file with the SEC, each of which can be found on our website www.arraytechinc.com. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
About ARRAY
ARRAY Technologies (NASDAQ: ARRY) is a leading global renewable energy company and provider of utility-scale solar tracking technology. Engineered to withstand the harshest conditions on the planet, ARRAY’s high-quality solar trackers and sophisticated software maximize energy production, accelerating the adoption of cost-effective and sustainable energy. Founded and headquartered in the United States, ARRAY relies on its diversified global supply chain and customer-centric approach to deliver, commission, and support solar energy developments around the world, lighting the way to a brighter, smarter future for clean energy. For more news and information on ARRAY, please visit arraytechinc.com.
About RP
RP Construction Services, LLC (RP) is the nation’s leading value-added distributor of utility-scale solar equipment. RP offers the industry’s best solar tracker technologies supported by a suite of project enablement services, including design engineering, warehousing and logistics, pre-assembly, and mechanical installation to provide solar EPCs and developers simple, high-performance solar tracking solutions. Since 2014, RP has delivered more than 6GW of fully engineered single-axis solar tracking systems to customer sites across the United States and Canada. Our team currently consists of more than 300 individuals working to accelerate and simplify solar deployment. Connect with RP on LinkedIn or learn more at www.rpcs.com. RP is a proud member of the Quanta Services family of companies.
Media Contact: ARRAY
Nicole Stewart
505-589-8257
nicole.stewart@arraytechinc.com
Media Contact: RP Construction Services
Bri Bruce
831-620-2188
bbruce@rpcs.com
Investor Relations Contact
Array Technologies, Inc.
Investor Relations
investors@arraytechinc.com
FAQ
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