Array Technologies Buys STI Norland in $652 million Tracker Deal Updated On Mon, Nov 15th, 2021 by Saurenergy American solar tracker firm Array Technologies is in advanced talks to acquire Spanish tracker manufacturer Soluciones Técnicas Integrales Norland (STI Norland) in a deal valued at around €570 million (US$652 million) in cash (€351 million/US$401 million) and stock. The deal closure is expected by Q1 of 2022. In 2020, STI generated revenues and EBIDTA of […] Read more
STi Norland to Deliver 35MW of Single-axis Trackers for Israel PV Project Updated On Tue, Mar 7th, 2017 by Saurenergy STi Norland has signed a deal with Belectric Israel and project owners EDF Israel and Clalsun to supply 35 MW of STI-H1250 single-axis trackers for Ashalim PV project. Spain based solar tracker manufacturer STi Norland has inscribed an agreement with project owners EDF Israel and Clalsun together with Belectric Israel to deliver 35MW of its […] Read more
