U.S. headquartered Array Technologies will acquire Spanish tracking competitor STI Norland for approximately €570 million ($652 million) in cash and stock. The transaction is expected to close in the first quarter of 2022. Javier Reclusa, CEO of STI Norland, as well as the rest of the company’s senior management team will remain with Array following…

The post Array Technologies will be largest solar tracker company in world after STI Norland acquisition appeared first on Solar Power World.

Leave a Reply