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ALBUQUERQUE, N.M., July 17, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (the “Company” or “ARRAY”) (Nasdaq: ARRY), a global leader in utility-scale solar tracking, today announced that the Company will release its second quarter 2025 results after the market closes on Thursday, August 7, 2025, to be followed by a conference call at 5:00 p.m. (Eastern Time) that same day.
Shares of renewable energy companies are rising after a tax on solar and wind was removed from the Senate version of the One Big Beautiful Bill Act. The Senate narrowly passed the legislation Tuesday and will now be considered by the House of Representatives.
Wind and solar projects that enter service after 2027 and exceed certain thresholds for Chinese components could see higher taxes, boosting the industry's burden by an estimated $4 billion to $7 billion, the American Clean Power Association said. The spillover impact could be the loss of nearly 2 million jobs in the building trades, according to a construction industry group.
Renewable energy shares fell on Monday as US President Donald Trump's new bill cuts incentives and adds taxes for companies. In the bill, the US government will add a tax on solar and wind projects that use Chinese materials.
The Senate is voting on a version of President Donald Trump's spending legislation that would slam the solar and wind industries. The legislation is close to a worst case scenario for renewable energy, Morgan Stanley analyst Andrew Percoco told clients.
ALBUQUERQUE, N.M., June 27, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (NASDAQ: ARRY) (the “Company” or “ARRAY”) today announced the closing of its previously announced private offering of $345 million aggregate principal amount of its 2.875% convertible senior notes due July 2031 (the “Notes”). The Notes were sold in a private offering only to persons reasonably believed to be qualified...
ALBUQUERQUE, N.M., June 24, 2025 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (NASDAQ: ARRY) (the “Company” or “ARRAY”) today announced that it has priced an upsized offering of $300 million in aggregate principal amount of 2.875% convertible senior notes due 2031 (the “Notes”) in a private placement (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant t...
ALBUQUERQUE, N.M., June 24, 2025 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (NASDAQ: ARRY) (the “Company” or “ARRAY”) today announced that, subject to market conditions, it intends to offer $250 million in aggregate principal amount of convertible senior notes due 2031 (the “Notes”) in a private placement (the “Offering”) to persons reasonably believed to be qualified institutional buyers pur...
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