US-based solar tracker technology provider Array Technologies has signed a new three-year partnership agreement with sPower, the largest private owner of operating solar assets in the country.
The new partnership is expected to provide a new platform for the two companies to enable multi-gigawatts of business over the coming years.
Array Technologies senior vice-president Jeff Krantz said: “The newly created partnership between Array Technologies and sPower is a testament to the strength and success of a matured-US solar market.
“This deal represents a significant milestone for our company’s continued robust growth throughout the nation.”
The use of solar trackers in utility-scale solar projects is said to have increased significantly in recent years, and nearly 70% of the ground-mounted PV systems across the US are currently utilising the technology.
Krantz added: “Studies have shown Array’s patented technology to provide the lowest O&M costs of the different architectures on the market, so the partnership is not only a positive industry collaboration but also provides a significant financial benefit to sPower as the owners of these assets.”
The partnership agreement between the two solar energy companies was announced at the GTM Solar Summit, which took place in southern California.
sPower project development senior vice-president Josh Skogen said: “We are looking forward to this partnership with Array Technologies. It’s going to help enhance our solar portfolio for years to come.”