ARRAY Technologies Developing Industry-Leading 77-Degree Stow for Enhanced Hail Protection
September 09 2024 - 5:00PM
ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a
global leader in utility-scale solar tracking, is proud to announce
the development of 77-degree stow capabilities for its tracker
systems, the steepest stow angle for protective hail stow on the
planet. This advanced tracker will offer unprecedented flexibility
and protection from both hail and wind, further solidifying ARRAY’s
leadership in extreme weather solutions for the solar industry.
As the solar industry and insurance partners increasingly
require risk management strategies due to the rising frequency of
multi-million-dollar hail damage, the need for reliable and
effective hail mitigation has never been greater. ARRAY is
responding to this challenge with a high-tilt angle stow position,
designed to move modules to a high-angle position prior to a hail
event, significantly reducing the risk of damage.
“Array continues to invest in new technology in the name of
preparation, ensuring that our trackers are built to thrive in any
weather, through any disruption, while remaining cost-effective for
our customers,” said Kevin G. Hostetler, chief executive officer of
ARRAY. “This solution is a testament to ARRAY’s commitment to
providing cutting-edge technologies that address the real-world
challenges confronting solar energy producers. The high-tilt
tracker, like the Hail Alert Response and SkyLink system, is not
just a step forward in safeguarding solar investments; it’s a leap
toward a more reliable and sustainable future.”
Based on the proven ARRAY DuraTrack design and enhanced by the
ARRAY SmarTrack Hail Alert Response software protocol, this new
high tilt tracker is a critical part of the company’s ongoing
efforts to improve the resilience and efficiency of solar energy
systems in hail-prone regions. Earlier this year, ARRAY
launched its Hail Alert Response software and SkyLink tracker
system and released a study confirming the efficacy of its patented
passive wind stow. The high-tilt tracker is the latest data-backed
product to safeguard solar panels in the most severe and
unpredictable conditions.
Key Features and Availability
- 77-Degree Stow Capability: The new steep angle
hail tracker will feature a high-tilt angle stow in either
direction, regardless of wind speed or direction, offering superior
hail and wind protection. This angle offers all the advantages of
passive wind stow, including up to 5% energy gain compared to
active stow trackers.
- Integrated Hail Mitigation: Combining
high-angle hail stow with ARRAY’s Hail Alert Response and Passive
Wind Stow capabilities, this tracker is designed to mitigate hail
risk proactively and reactively.
- Durability Enhancements: Updates, including a
new bearing housing, larger gear rack, and an advanced damper, will
allow for a steeper angle hard stop, enhancing the system’s
resilience in severe hail conditions.
- Availability: Expected to be available for
first shipments in early 2026.
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.
Forward Looking StatementsThis 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.
Media Contact ARRAY
Technologies Nicole
Stewart 505-589-8257 nicole.stewart@arraytechinc.com Investor
Relations Contact ARRAY Technologies Investor
Relations investors@arraytechinc.com
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