Solar Tracking Company Array Technologies’ Net Profit Jumps 49% in 2020

The company’s revenue also increased 34.69% during the year

March 12, 2021

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Array Technologies, a U.S.-based solar tracking systems manufacturer, has reported a 49% increase in net profit with $59.07 million in 2020 from $39.74 million in 2019, despite a $9.77 million loss in the fourth quarter (Q4) of the financial year (FY) 2020.

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Harsh Shukla

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Solar Tracking Company Array Technologies’ Net Profit Jumps 49% in 2020

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