ARRAY Technologies' solar tracking systems are now verified for compatibility with 2000-volt modules, enhancing efficiency and reducing costs.
Quiver AI Summary
ARRAY Technologies announced that its DuraTrack® and OmniTrack™ solar tracking systems have been certified by Intertek for compatibility with 2000-volt solar module-wired systems. This certification reflects ARRAY's innovation in solar technology, aligning with the industry's shift towards higher voltage architectures to enhance efficiency and reduce costs. The certification confirms that ARRAY's systems meet UL 3703 and UL 2703 standards without the need for modifications, ensuring they are ready for the evolving solar market. By increasing system voltage to 2,000 volts, solar projects can achieve lower electrical losses and material costs, ultimately improving overall performance. ARRAY emphasizes its commitment to delivering advanced solar solutions, supporting developers in optimizing designs and reducing energy costs.
Potential Positives
- ARRAY Technologies' DuraTrack® and OmniTrack™ systems have been verified by Intertek for compatibility with 2000-volt module-wired systems, demonstrating the company's commitment to innovation in solar technology.
- This verification positions ARRAY as a front-runner in the transition to higher-voltage architectures, allowing for improved efficiency and reduced costs in solar projects.
- The company’s systems have been confirmed to meet necessary technical requirements without additional modifications, enhancing customer confidence in ARRAY’s solutions.
Potential Negatives
- None
FAQ
What did ARRAY Technologies announce on September 3, 2025?
ARRAY Technologies announced that its DuraTrack® and OmniTrack™ systems are verified by Intertek for compatibility with 2000-volt module-wired systems.
How does ARRAY's technology benefit the solar industry?
ARRAY's technology enhances efficiency, reduces costs, and supports the transition to higher-voltage architectures in solar projects, improving overall performance.
Who conducted the verification of ARRAY's tracking systems?
The verification was conducted by Intertek, a leading Total Quality Assurance provider, confirming ARRAY's trackers meet necessary technical requirements.
What standards did ARRAY's tracking systems pass?
ARRAY's tracking systems passed the UL 3703 and UL 2703 standards for compatibility with 2kV system operation.
Where can I learn more about ARRAY Technologies?
More information about ARRAY Technologies and its solar tracking solutions can be found on their website at www.arraytechinc.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ARRY Hedge Fund Activity
We have seen 140 institutional investors add shares of $ARRY stock to their portfolio, and 151 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 9,053,167 shares (+62.6%) to their portfolio in Q2 2025, for an estimated $53,413,685
- SWEDBANK AB removed 3,553,300 shares (-86.7%) from their portfolio in Q2 2025, for an estimated $20,964,470
- ENCOMPASS CAPITAL ADVISORS LLC added 2,839,204 shares (+inf%) to their portfolio in Q2 2025, for an estimated $16,751,303
- SCHRODER INVESTMENT MANAGEMENT GROUP removed 2,824,778 shares (-30.3%) from their portfolio in Q2 2025, for an estimated $16,666,190
- BNP PARIBAS FINANCIAL MARKETS added 1,874,545 shares (+303.8%) to their portfolio in Q2 2025, for an estimated $11,059,815
- PACER ADVISORS, INC. removed 1,760,250 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $10,385,475
- RENAISSANCE TECHNOLOGIES LLC added 1,687,800 shares (+inf%) to their portfolio in Q2 2025, for an estimated $9,958,020
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$ARRY Analyst Ratings
Wall Street analysts have issued reports on $ARRY in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- UBS issued a "Buy" rating on 08/11/2025
- JP Morgan issued a "Overweight" rating on 06/20/2025
- Jefferies issued a "Buy" rating on 05/20/2025
- Goldman Sachs issued a "Buy" rating on 05/19/2025
- Guggenheim issued a "Buy" rating on 05/16/2025
- Truist Securities issued a "Buy" rating on 04/17/2025
To track analyst ratings and price targets for $ARRY, check out Quiver Quantitative's $ARRY forecast page.
$ARRY Price Targets
Multiple analysts have issued price targets for $ARRY recently. We have seen 11 analysts offer price targets for $ARRY in the last 6 months, with a median target of $9.0.
Here are some recent targets:
- Jon Windham from UBS set a target price of $9.0 on 08/11/2025
- Biju Perincheril from Susquehanna set a target price of $7.5 on 07/21/2025
- Maheep Mandloi from Mizuho set a target price of $9.0 on 06/27/2025
- Paul Coster from JP Morgan set a target price of $13.0 on 06/20/2025
- Michael Blum from Wells Fargo set a target price of $8.0 on 06/20/2025
- Julien Dumoulin-Smith from Jefferies set a target price of $10.0 on 05/20/2025
- Brian Lee from Goldman Sachs set a target price of $11.0 on 05/19/2025
Full Release
ALBUQUERQUE, N.M., Sept. 03, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology products, software, services and foundation solutions, announced today that its DuraTrack® and OmniTrack™ systems have been verified by Intertek to be compatible with 2000-volt (2kV) module-wired systems. This milestone reinforces ARRAY's commitment to delivering forward looking solutions that drive efficiency and cost savings for the solar industry.
“With this verification, ARRAY proves again that we are at the forefront of solar innovation,” said Aaron Gabelnick, chief strategy and technology officer at ARRAY Technologies. “As the industry moves toward 2,000-volt architectures to enhance efficiency and reduce costs, our tracking systems are already equipped to meet these evolving needs. Our customers can be confident that ARRAY is delivering technology designed for the future, today.”
Intertek , a leading Total Quality Assurance provider to industries worldwide, conducted a comprehensive review of ARRAY's trackers under UL 3703 and UL 2703 standards, confirming that the company’s tracking systems meet the necessary technical requirements for 2kV system operation without requiring additional modifications. This validation underscores ARRAY’s readiness to support the industry’s transition to higher-voltage architectures, which enable improved electrical efficiency and lower system costs.
By increasing system voltage from 1,500V to 2,000V, solar projects may reduce electrical losses, lower material costs, and improve overall system performance. ARRAY’s long-row system architecture, available on DuraTrack® and OmniTrack™, further enhances efficiency, making it easier for developers and EPCs to optimize system design while reducing the Levelized Cost of Energy (LCoE).
Intertek’s review confirms that ARRAY’s trackers align with industry safety and performance standards, supporting their compatibility with next-generation solar technologies.
For more information about ARRAY Technologies and its industry-leading solar tracking solutions, visit www.arraytechinc.com.
About ARRAY
ARRAY Technologies (NASDAQ: ARRY) is a leading global provider of solar tracking technology to utility-scale and distributed generation customers who construct, develop, and operate solar PV sites. With solutions engineered to withstand the harshest weather conditions, ARRAY’s high-quality solar trackers, software platforms, foundation solutions, and field services combine to maximize energy production and deliver value to our customers for the entire lifecycle of a project. Founded and headquartered in the United States, ARRAY is rooted in manufacturing and driven by technology - relying on its domestic manufacturing, diversified global supply chain, and customer-centric approach to design, deliver, commission, train, and support solar energy deployment around the world. For more news and information on ARRAY, please visit
www.arraytechinc.com
.
Forward Looking Statement
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.
Media Contact
Nicole Stewart
505-589-8257
[email protected]
Investor Relations Contact
ARRAY Technologies, Inc.
Investor Relations
[email protected]