ARRAY Technologies grows its solar tracker orderbook to an all-time high of $2.5 billion
Solar energy companies that have access to the most resources and technology are able to deliver more projects than companies that are not in that privileged position. The energy industry is now heavily influenced by technology, which determines the amount of energy that facilities can generate and, in turn, the ability that companies have to generate revenue. The Asian continent has developed a reputation as a leading energy-producing continent with a variety of countries at the heart of groundbreaking developments. However, the United States is well-respected as a leading solar energy producer. Recently, ARRAY Technologies grew its solar tracker orderbook to an all-time high of $2.5 billion.
A general overview of ARRAY Technologies as a leading solar energy producer
ARRAY Technologies has grown into one of the leading global providers of solar tracking technology and fixed-tilt systems to utility-scale and distributed generation customers that construct, develop, and operate solar PV sites. The company was able to enhance its overall reputation by achieving success in captivating projects that set the bar for solar energy facilities.
With solutions engineered to handle the harshest weather conditions, the company’s high-quality solar trackers, fixed-tilt systems, software platforms, foundation solutions, and field services combine to optimize energy production and deliver value to customers for the entire lifecycle of a project. Nowadays, solar energy facilities are combined with storage facilities as developers aim to guarantee consistent energy availability when energy generation is not possible.
The road to $2.5 billion: ARRAY Technologies grows its solar tracker orderbook
A press release from ARRAY Technologies unveiled its financial results for its second quarter, which ended June 30, 2026. The energy industry has become so saturated and competitive that companies are studying each other and aiming to generate more revenue than one another. ARRAY Technologies Chief Executive Officer, Kevin G. Hostetler, stated the following:
“ARRAY delivered a strong second quarter while achieving a significant company milestone, surpassing 100 gigawatts of cumulative tracker product shipments since our founding. For the third consecutive quarter, we achieved a record orderbook of $2.5 billion, reflecting continued share gains and strong execution. During the quarter, we advanced our innovation strategy with the formal launch of DuraTrack D2S and our next-generation OmniTrack product offerings.”
The company is enjoying a period of huge excitement following the financial success that it has achieved in 2026.
ARRAY Technologies aims to maintain momentum in growing its portfolio
The company was able to build on the momentum in July after announcing the new 60° tracker capabilities and the launch of the ARRAY Atlas suite of foundation-to-tracker solutions. The company’s pending purchase of affordable Wire Management (AWM) is expected to further advance its balance of system strategy by adding high-margin cable management and safety products.
ARRAY Technologies is still focused on growing its ability to provide a more integrated, technically interoperable solution set for utility-scale solar customers. After the company’s strong first-half financial performance, it is updating its full-year guidance. It intends to continue monitoring market dynamics, with a strong belief that it can execute and create long-term value.
Looking ahead: An update of ARRAY Technologies’ full-year 2026 guidance
After ARRAY Technologies’ strong first-half performance, it now expects full-year Adjusted Gross Margin to be in the range of 27% to 28%. As a result, for the year ending December 31, 2026, the company expects revenue to be in the range of $1.4 billion to $1.5 billion, consistent with the prior range. Adjusted EBITDA is set to be in the range of $210 million to $230 million, previously $200 million to $230 million.
ARRAY Technologies was founded and is headquartered in the United States. It is rooted in manufacturing and driven by technology, making it a standout entity that suits modern-day energy generation strategies. The company depends on its domestic manufacturing, diversifies its global supply chain, and uses a customer-centric approach to design, deliver, commission, train, and support solar energy deployment worldwide.
Prince is a versatile writer focused on energy, automotive, environmental, and general news topics. He makes complex technical and policy issues clear, engaging, and accessible for a broad audience.
