Array | Jotup

Array Technologies and Alupco® Announce Strategic Partnership to Fuel Growing Renewable Energy Market in the Middle East

Retrieved on:

Thursday, February 22, 2024

ATI Technologies, Economic development, PV, Aluminium, Life, Private, Organization, Array, Vision 2030, Trust, Environment, Partnership, Renewable energy

Headquartered in Albuquerque, New Mexico, Array has been at the forefront of driving clean energy solutions both domestically and globally.

Key Points:

Headquartered in Albuquerque, New Mexico, Array has been at the forefront of driving clean energy solutions both domestically and globally.
The new partnership will bring leading solar technology to the fast-growing renewable energy market in the Middle East.
“Our alliance with ALUPCO® and expansion into the Middle East underscores our dedication to the global clean energy market.
According to Minister of Energy Prince Abdulaziz bin Salman, Saudi Arabia aims to add 20 gigawatts of renewable energy annually to reach 130 gigawatts of renewable energy before 2030.

Tivoli Lighting Introduces Inspire Series of Chandeliers to Expand Creative Options for Aesthetic Applications

Retrieved on:

Tuesday, February 13, 2024

With more than 50 years of innovation and linear lighting leadership, Tivoli Lighting introduces its Inspire Series, which includes Array and Eos chandeliers with its Flexile light engine that illuminates uniformly in multiple lengths to provide the look of traditional 360° neon.

Key Points:

With more than 50 years of innovation and linear lighting leadership, Tivoli Lighting introduces its Inspire Series, which includes Array and Eos chandeliers with its Flexile light engine that illuminates uniformly in multiple lengths to provide the look of traditional 360° neon.
Ideal for architectural, entertainment, commercial and food-grade environments, Inspire Array and Eos have a UV-stabilized silicone housing that resists saline solutions, acids, alkali, corrosive gases, yellowing and cracking.
Inspire Array has a 32.5” light engine (two pieces at 16.25”) with 96” and 120” rods.
For more information about the Inspire Series, visit https://tivolilighting.com/tivoli-product-cat/inspire-series/ , call Tivoli Lighting at 714-957-6101.

Array Hires Kew Kelly-Yuoh as Chief Financial Officer to Scale Operations for Next Phase of Growth

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Tuesday, January 9, 2024

Haaretz, CFO, Array, Altice, ARR, Organization, Acquisition, Altice USA, GGV, Treasury, Financial management, Growth

He will lead all aspects of the company’s corporate finance operations, including investor relations, financial planning and business analysis.

Key Points:

He will lead all aspects of the company’s corporate finance operations, including investor relations, financial planning and business analysis.
“Array has been on a profound growth path since we started the company in 2020, and we’ve surpassed $60M in ARR,” said Toha.
“The time is now to scale our finance and operations to support the next phase, and we are excited to add Kew Kelly-Yuoh to our management team.
He is an expert at establishing comprehensive financial controls in high-growth private companies in addition to fundraising and strategic finance.

Solar Stocks Back on Watch List as Lower Interest Rates and Global Push for Clean Energy Revive Bullish Sentiment

Retrieved on:

Tuesday, December 26, 2023

Analysts are seeing bullish signs for the solar sector and a possible turn-around as interest rates lower.

Key Points:

Analysts are seeing bullish signs for the solar sector and a possible turn-around as interest rates lower.
Jefferies analyst Dushyant Ailani moved solar stocks to the upside with his recent buy ratings on First Solar, Inc.,Enphase Energy, Inc. and Sunrun Inc.
Other analysts are in agreement.
On December 15, 2023, the shares commenced trading on the BZX Exchange, a division of Cboe Global Markets, under the ticker symbol "SING."
Falling interest rates have not only pushed the market higher, they could make renewable energy companies more profitable in 2024."

Q2 and Array Expand Partnership to Deliver Financial Wellness Solutions

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Tuesday, December 5, 2023

Professional Services, Technology, Finance, Software, Fintech, Banking, Equifax, Q2, NYSE, Business development, Strategic alliance, Credit management, Partnership, Bank, Array, Experian

Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced that Array has extended its integration partnership to a Strategic Alliance partner where Q2 will resell the financial wellness solution – My Credit Manager – directly to banks and credit unions.

Key Points:

Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced that Array has extended its integration partnership to a Strategic Alliance partner where Q2 will resell the financial wellness solution – My Credit Manager – directly to banks and credit unions.
The Q2 and Array partnership started when Array became a Q2 Innovation Studio Accelerator Partner.
Today, Array’s My Credit Manager is pre-integrated into Q2’s digital banking platform, allowing financial institutions to quickly add the Array solution to their dashboards and put powerful financial wellness tools at the fingertips of their account holders.
We are thrilled to be taking this important step with Q2 and look forward to empowering more financial institutions and their customers in the journey to financial wellness.”

Array Prevails in Lawsuit Filed by ConsumerDirect; Jury Awards Array $5.2 Million in Total Damages

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Monday, November 20, 2023

Professional Services, Technology, Insurance, Finance, Software, Banking, Computer, Court, Array

Array , a leading financial innovation platform, announced that it won a lawsuit filed by competitor ConsumerDirect.

Key Points:

Array , a leading financial innovation platform, announced that it won a lawsuit filed by competitor ConsumerDirect.
Last Wednesday, a jury in federal court in Santa Ana, California delivered a unanimous verdict in favor of Array.
The jury rejected all of ConsumerDirect’s claims and awarded Array $1.3 million in economic damages and $3.9 million in punitive damages due to ConsumerDirect’s fraudulent and malicious conduct.
Almost two years ago, ConsumerDirect filed a lawsuit against Array for alleged trademark infringement, cybersquatting, interference with various clients and unfair competition.

Revolutionary Satellite Communication Antenna Offers Unprecedented Flexibility for Military Applications

Retrieved on:

Thursday, November 30, 2023

Traditionally, satellite ground terminals have been designed to operate in a dedicated fashion on a specific communication satellite or network.

Key Points:

Traditionally, satellite ground terminals have been designed to operate in a dedicated fashion on a specific communication satellite or network.
The phased array antenna is utilized as the feed for the parabolic reflector when operating on a GEO satellite and as a standalone antenna when operating on a LEO or MEO satellite.
This configuration also allows MONDO to function concurrently as a traditional parabolic antenna on a GEO satellite and as a traditional ESA on a LEO/MEO satellite.
PathFinder intends to license this innovative antenna design to antenna manufacturers," said Roger McGarrahan, CEO of PathFinder Digital.

Array Technologies, Inc. Reports Financial Results for the Third Quarter 2023 – Continues strong operational execution; announced Chief Financial Officer transition

Retrieved on:

Tuesday, November 7, 2023

ALBUQUERQUE. N.M., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”), a leading provider of tracker solutions and services for utility-scale solar energy projects, today announced financial results for its third quarter ended September 30, 2023.

Key Points:

N.M., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”), a leading provider of tracker solutions and services for utility-scale solar energy projects, today announced financial results for its third quarter ended September 30, 2023.
“Despite the near-term secular challenges which impacted our volume when compared to the prior year, Array again delivered another strong quarter across all of our key metrics.
We are seeing a steady increase in our domestic pipeline, which has more than doubled from the second quarter.
Today the Company also announced that Kurt Wood has been named Chief Financial Officer effective November 13, 2023.

Array Technologies Introduces Integrated Field Services and Customer Training Offerings to US Customers

Retrieved on:

Friday, November 3, 2023

ATI Technologies, Catalog, American Board of Commissioners for Foreign Missions, Workforce, O&M, Field service management, Maintenance, Customer, Engineering, Software, EPC, NABCEP, Renewable energy, Management, Array

ALBUQUERQUE, N.M., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”), a global leader in utility-scale solar tracking solutions, is thrilled to announce the launch of its comprehensive Field Services and Customer Training solutions.

Key Points:

ALBUQUERQUE, N.M., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”), a global leader in utility-scale solar tracking solutions, is thrilled to announce the launch of its comprehensive Field Services and Customer Training solutions.
Designed to meet the ever-evolving demands of the solar industry, these offerings tackle key challenges facing the industry to help reduce operational downtime and increase productivity and quality in the field.
“Our new services and training offerings embody Array's unwavering commitment to equip our clients with the skills and solutions they need for optimal solar farm operation,” said Kevin Hostetler, CEO of Array.
To help introduce these offerings, Array expanded its customer and product support teams over the last year, including hiring a director of training and development.

Gov. Lujan Grisham and Array Technologies Announce N.M. Expansion

Retrieved on:

Thursday, November 2, 2023

ATI Technologies, Strategic planning, EDD, State, Local economic development, LEDA, New Mexican, Engineering, City, Growth, Array, Economic development, Ecosystem, Investment, Renewable energy

Michelle Lujan Grisham and Array Technologies CEO Kevin Hostetler announced today that Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”) has finalized plans for a major expansion that will solidify the Company’s New Mexico future with a new $50 million manufacturing campus in Bernalillo County that will keep hundreds of jobs secure for New Mexicans.

Key Points:

Michelle Lujan Grisham and Array Technologies CEO Kevin Hostetler announced today that Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”) has finalized plans for a major expansion that will solidify the Company’s New Mexico future with a new $50 million manufacturing campus in Bernalillo County that will keep hundreds of jobs secure for New Mexicans.
Array, one of New Mexico’s few publicly traded companies, got its start manufacturing solar tracker technology over 30 years ago in Albuquerque.
The 22-acre expansion will allow Array to hire nearly 100 new employees over the next several years.
The Albuquerque Regional Economic Alliance (AREA), a non-profit economic development organization, is assisting Array with site selection, labor-force, tax analysis, and strategic planning on its expansion.