ARRAY Supplies Trackers for 200 MW Solar Project in Indiana

ARRAY Technologies, a leading solar tracking technology provider, will supply trackers for a 200 MWac solar project in Indiana that meets 100% of the domestic content ACP under US Treasury guidance. The project, developed by ENGIE North America, will be supplied with domestic content trackers, underscoring ARRAY's commitment to American manufacturing and helping customers unlock tax credit incentives. The deal supports reshoring of supply chains and job creation in local communities.

ARRAY Technologies (NASDAQ: ARRY), a leading provider of solar tracking technology, has secured a significant 200 megawatt (MWac) solar tracker supply contract for the Emerald Green Solar project in Indiana. The project, developed by ENGIE North America, will utilize ARRAY's OmniTrack™ trackers that meet 100% domestic content requirements under U.S. Treasury guidelines [1].

The deal, announced on August 5, 2025, underscores ARRAY's commitment to American manufacturing and its ability to help customers unlock maximum tax credit incentives. The project qualifies for the maximum 28.7% Assigned Cost Percentage (ACP), including a 9.4% production ACP for using domestically manufactured components. This represents ARRAY's first full-site deployment of its 100% domestic content tracker solution, validating the company's manufacturing capabilities and supply chain restructuring efforts [2].

The Emerald Green Solar project, located near Indianapolis, will employ over 250 construction workers and feature locally rolled steel and torque tubes. Tracker deliveries are scheduled to begin in Q3 2025. The project's significance extends beyond immediate revenue, as it demonstrates ARRAY's ability to meet the latest U.S. Treasury guidance, thereby removing regulatory uncertainty for customers [1].

The Indiana project will utilize ARRAY's OmniTrack™ trackers, with deliveries expected to begin in Q3 2025. For context, solar trackers typically represent 10-15% of total solar project costs, making this contract for a 200MW facility a substantial revenue opportunity [1].

As solar developers increasingly prioritize domestic content to maximize available tax incentives, ARRAY's demonstrated capability to meet these requirements strengthens its competitive positioning against both domestic and international tracker manufacturers, potentially expanding its addressable market among developers focused on incentive optimization [1].

References:

[1] https://www.stocktitan.net/news/ARRY/array-technologies-to-supply-100-domestic-content-solar-trackers-for-no4lv0l1ygtl.html
[2] https://finance.yahoo.com/news/susquehanna-raises-array-technologies-arry-034031001.html