Earlier this month, US tracker supplier Array Technologies bought Spanish tracker manufacturer Soluciones Técnicas Integrales Norland (STI). In doing so, it has formed
US solar tracker supplier Array Technologies has completed its previously announced acquisition of Spanish tracker manufacturer Soluciones Técnicas Integrales Norland, S.L. (STI Norland).
Its dual-row tracker system is well-suited to irregular terrain and regions with low wind and/or snow load requirements. With more than 12 gigawatts of trackers shipped or awarded, STI Norland is a top three manufacturer in Spain and holds the number one market position in Brazil.
为公用事业规模太阳能项目提供跟踪器解决方案和服务的Array Technologies已完成其先前宣布的对欧洲太阳能跟踪器制造商 Soluciones Técnicas Integrales Norland SL (STI Norland) 的收购。 "将 STI Norland 整合到 A
Under the deal, Array will buy STI Norland for roughly €570 million (US$652 million) in cash (€351 million/US$401 million) and stock, with the transaction expected to close in Q1 2022.
The combination of Array and STI Norland creates the global leader in trackers with leading positions in every major market for solar outside of China and India. STI Norland brings to Array a proven product line that is
Under the deal, Array will buy STI Norland for roughly €570 million (US$652 million) in cash (€351 million/US$401 million) and stock, with the transaction expected to close
ALBUQUERQUE, N.M., Nov. 11, 2021 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) ("Array"), one of the world''s largest providers of utility-scale solar tracker technology, today announced that it has entered into a definitive agreement to acquire Soluciones Técnicas Integrales Norland, S.L. ("STI Norland"), one of Europe''s
Earlier this month, US tracker supplier Array Technologies bought Spanish tracker manufacturer Soluciones Técnicas Integrales Norland (STI). In doing so, it has formed the "largest tracker
The combination of Array and STI Norland creates the global leader in trackers with leading positions in every major market for solar outside of China and India. STI Norland brings to Array a proven product line that is ideally suited for complementary markets which will help to accelerate our international expansion plans.
为公用事业规模太阳能项目提供跟踪器解决方案和服务的Array Technologies已完成其先前宣布的对欧洲太阳能跟踪器制造商 Soluciones Técnicas Integrales Norland SL (STI Norland) 的收购
为公用事业规模太阳能项目提供跟踪器解决方案和服务的Array Technologies已完成其先前宣布的对欧洲太阳能跟踪器制造商 Soluciones Técnicas Integrales Norland SL (STI Norland) 的收购。 "将 STI Norland 整合到 A
Image: Array Technologies US solar tracker supplier Array Technologies is to acquire Spanish tracker manufacturer Soluciones Técnicas Integrales Norland (STI Norland) in an acquisition that Array said will create “the largest tracker company in the world”.
Array said the acquisition of STI Norland will allow it to offer an expanded product portfolio. Image: Array Technologies US solar tracker supplier Array Technologies has completed its previously announced acquisition of Spanish tracker manufacturer Soluciones Técnicas Integrales Norland, S.L. (STI Norland).
Under the deal, Array will buy STI Norland for roughly €570 million (US$652 million) in cash (€351 million/US$401 million) and stock, with the transaction expected to close in Q1 2022. It comes at the same time as Array reported a larger than expected Q3 loss in its most recent financial results.
Founded in 1996 in Pamplona, Spain, STI Norland is a pioneer in Europe in both the development of fixed-tilt structures and trackers for utility-scale PV plants. The company’s system was used in the world’s first PV plant to deploy trackers in 2002.
Its dual-row tracker system is well-suited to irregular terrain and regions with low wind and/or snow load requirements. With more than 12 gigawatts of trackers shipped or awarded, STI Norland is a top three manufacturer in Spain and holds the number one market position in Brazil.
The combination of Array and STI Norland creates the global leader in trackers with leading positions in every major market for solar outside of China and India. STI Norland brings to Array a proven product line that is ideally suited for complementary markets which will help to accelerate our international expansion plans.
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