ARRAY Technologies Selected as the Tracker Supplier for Statkraft’s High Altitude Lupi Solar Project in Peru

First deployment of ARRAY OmniTrack® Terrain-Following Tracker in Latin America

ALBUQUERQUE, NM, [May 4, 2026] — ARRAY Technologies, Inc. (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, today announced that the ARRAY OmniTrack® terrain-following product has been contracted as the tracker technology for the Lupi Solar Project in Peru, developed by Statkraft Peru a subsidiary of Statkraft AS, a leading company in hydropower internationally and Europe’s largest generator of renewable energy.(1)

The Lupi Solar Project is among the highest altitude photovoltaic developments in the world, located at an average of 4,500 meters above sea level in the Mariscal Nieto province. The project will have an installed capacity of approximately 180 MWp. Main construction is scheduled to begin in the second quarter of 2026, with a target commercial operation date in late 2027.

The project is owned by Statkraft Peru, one of the region’s leading renewable independent power producers, reinforcing its bankability and execution strength. This project signals confidence in the Peruvian market and highlights continued momentum for scalable clean energy investment across Latin America.

“Lupi is an emblematic project for Statkraft and for Peru; it marks a new phase in our mission to continue advancing renewable energy in the country,” said Enzo Contreras, Country Manager of Statkraft Peru. “Its development at an altitude averaging 4,500 meters reflects our capability to execute world-class projects, optimizing the use of solar radiation in partnership with stakeholders who enable us to achieve the highest standards of efficiency and reliability, thereby strengthening the national energy matrix with sustainable power.”

The project’s high altitude presents a unique set of engineering challenges, including intense ultraviolet exposure, cold nighttime temperatures, and repeated thermal cycling, highlighting the reliability and engineered simplicity of the OmniTrack system for extreme weather environments. The complex logistics to deliver the tracker to a remote environment reflects the strength of ARRAY’s supply chain and ability to meet customer needs in some of the most challenging conditions.

ARRAY’s OmniTrack terrain-following tracker is designed to minimize terrain modifications during construction by following natural land contours, thereby reducing costs associated with grading and preserving the local ecology. OmniTrack’s terrain-following capabilities are a highly effective solution for challenging terrains.

“Being selected for the Lupi Solar Project marks an exciting milestone as the first deployment of OmniTrack in Latin America,” said Neil Manning, President & Chief Operating Officer of ARRAY. “For sites with uneven terrain and significant elevation change like the Lupi Solar Project, OmniTrack is an ideal solution, coupling terrain-following capabilities with the trusted reliability of ARRAY’s engineering in tough conditions. This project is a testament to the continued momentum we’re seeing across the region where we remain dedicated to working closely with our customers and excited to support the growing Latin American solar market.”

By combining utility-scale with an extreme high-altitude location, the Lupi Solar Project serves as a compelling proof point for the viability of utility-scale solar in mountainous regions, paving the way for future development in high elevation markets worldwide.

For more information about ARRAY and its industry-leading solar tracking solutions, visit www.arraytechinc.com.

(1) Per Statkraft AS

About ARRAY Technologies

ARRAY Technologies (NASDAQ: ARRY) is a leading global provider of solar tracking technology to utility-scale and distributed generation customers who construct, develop, and operate solar PV sites. With solutions engineered to withstand the harshest weather conditions, ARRAY’s high-quality solar trackers, software platforms, foundation solutions, and field services combine to maximize energy production and deliver value to our customers for the entire lifecycle of a project. Founded and headquartered in the United States, ARRAY is rooted in manufacturing and driven by technology – relying on its domestic manufacturing, diversified global supply chain, and customer-centric approach to design, deliver, commission, train, and support solar energy deployment around the world. For more news and information on ARRAY, please visit www.arraytechinc.com.

Forward Looking Statement

This press release contains forward-looking statements. These statements are not historical facts but rather are based on the Company’s current expectations and projections regarding its business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates” and similar expressions are used to identify these forward-looking statements. Forward-looking statements include, without limitation, statements regarding the expected performance, output, and reliability of the Lupi Solar Project; the expected successful delivery, installation, and operational performance of the project; ARRAY’s ability to expand its presence in Latin America and global markets; and the company’s business strategy and growth prospects. Forward-looking statements made by third parties in this press release, including statements regarding anticipated project performance and output records, reflect the views of those parties and not those of ARRAY Technologies. ARRAY makes no representation regarding the accuracy or reasonableness of such statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. These risks, uncertainties, and assumptions include, without limitation, delays in project delivery, installation, or commissioning; exposure to currency volatility, macroeconomic conditions, or geopolitical developments affecting operations in Peru; reliance on third-party partners to perform their respective roles on schedule and to specification; and actual field performance of OmniTrack that may differ from modeled or anticipated output. Forward-looking statements should be evaluated together with the risks and uncertainties that affect our business and operations, particularly those described in more detail in the Company’s most recent Annual Report on Form 10-K and other documents on file with the SEC, each of which can be found on our website www.arraytechinc.com. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

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