PVTIME - Array Technologies (NASDAQ: ARRY) (“Array”) announced it has been awarded a contract for up to 4GW of trackers from Primoris Services Corporation (NASDAQ: PRIM), a leading provider of specialty contracting services. The contract includes a commitment to purchase 2.5GW of DuraTrack® HZ v3 single-axis solar trackers that are scheduled to be used in more than 10 projects across North America and an option to purchase an additional 1.5GW for other projects. These projects will contribute to the expansion and adoption of solar energy and sustainability efforts. Shipments under the contract will commence in June 2021.
“Primoris Renewable Energy is one of the top solar contractors in the U.S., and we are pleased to expand our relationship with them,” said Jeff Krantz, Chief Commercial Officer of Array Technologies. “This agreement builds on the 2GWs that Primoris Renewable Energy has already purchased from Array and underscores the edge our system provides in installation efficiency over our competitors. Through innovations, including single-bolt module clamps and the toolless assembly of certain components, we are helping our EPC customers reduce their labor costs and complete record-breaking projects on time and under budget,” added Mr. Krantz.
“Array’s DuraTrack® HZ v3 is the tracker of choice for our solar portfolio because it provides reliable performance, installs easily, and delivers the lowest cost of energy for our customers,” added Stephen Jones, President of Primoris Renewable Energy, a subsidiary of Primoris Services Corporation. “Our experience with Array’s performance is exceptional when it comes to delivering on-time, in sequence and with pre-kitted components that saves time on installation. This promotes efficiency and a high-quality product that Primoris Renewable Energy can count on not only during construction but for the project.”