For the last four years, the Spanish Confederation of Small and Medium Enterprises points the country’s fastest growing companies
ARRAY STI Norland, one of the largest manufacturers of solar trackers and fixed structures in the world, has been included in the CEPYME500 list that the Spanish Confederation of Small and Medium Enterprises (CEPYME) issues annually. After a rigorous evaluation of its turnover, sustained growth, size and profitability, CEPYME has decided to recognize the work in research and development carried out by the company from Navarra, Spain.
The resultant evaluation is reached by taking into account the economic results obtained during recent years, the capacity of a company to generate activity and employment, as well as its potential for innovation and international projection. The last analysis carried out by CEPYME was in 2018, when the Spanish branch of ARRAY STI Norland showed a growth of 138%. “We thank CEPYME for the initiative and wish that our experience serves as an inspiration to other companies”.
The presentation of the list was held on December 17th at the Madrid Stock Exchange and was attended by the Spanish Vice President and Minister of Economy, Nadia Calviño, and the President of the Spanish Confederation of Business Organizations (CEOE), Antonio Garamendi.
The CEPYME500 initiative started in 2017, to give recognition to the work of small and medium enterprises. Its objective is to project the companies selected, both nationally and internationally, helping them to boost their growth potential and visibility.
About ARRAY STI Norland
ARRAY STI Norland is an international manufacturer of solar trackers and fixed structures for utility-scale PV projects. Established in 1996, it offers engineering, supply and installation services. ARRAY STI Norland developed the first dual-row solar tracker on the market, specially designed for uneven terrains and where the orography has significant changes in gradient.
In January 2022, ARRAY Technologies acquired STI Norland, strengthening supply chains and international expansion.
About ARRAY Technologies, Inc.
ARRAY Technologies (NASDAQ: ARRY) is a leading American company and global provider of utility-scale solar tracker technology. Engineered to withstand the harshest conditions on the planet, ARRAY’s high-quality solar trackers and sophisticated software maximize energy production, accelerating the adoption of cost-effective and sustainable energy. Founded and headquartered in the United States, ARRAY relies on its diversified global supply chain and customer-centric approach to deliver, commission and support solar energy developments around the world, lighting the way to a brighter, smarter future for clean energy. For more news and information on ARRAY, please visit arraytechinc.com.
Media Contact
Daniel Tapia
Head of Marketing (ARRAY STI Norland)