ARRAY Technologies (ARRY) announced it will supply trackers for a 200 megawatt solar project that meet 100% of the domestic content Assigned Cost Percentage under the U.S. Treasury Department’s latest guidance issued in January 2025. The domestic content trackers will be supplied to the Emerald Green Solar project in Indiana, which is being developed by ENGIE North America. “This milestone underscores ARRAY’s commitment to American manufacturing and to helping our customers unlock the full value of tax credit incentives,” said Kevin G. Hostetler, chief executive officer at ARRAY. “Building on our 35-year legacy as an American manufacturer, ARRAY is proud to support reshoring of supply chains and job creation in the communities where we operate. ARRAY is a leader in delivering domestic content clean energy solutions that benefit our customers and the regions they serve.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ARRY:
- Array Technologies price target raised to $7.50 from $5.50 at Susquehanna
- Executive Order to enforce BBB to have negative impact on solar sector, RBC says
- Trump signs Executive Order to end ‘unreliable green energy source’ subsidies
- Charged: Tesla sinks as Elon Musk seeks to form new political party
- Trump Trade: Trump warns of 10% tariff for ‘Anti-American’ BRICS policies