Array Technologies Acquires APA Solar to Boost Solar Solutions

Array Technologies Inc. (NASDAQ:ARRY) is one of the best solar stocks to buy according to Wall Street analysts. On August 14, Array Technologies announced the successful completion of its acquisition of APA Solar. This acquisition, as stated by ARRAY CEO Kevin G. Hostetler, is a pivotal moment for the company that will accelerate the deployment of solar energy by offering a range of solutions.

APA Solar is a provider of solar racking and structural solutions, known for its engineered foundation systems compatible with solar trackers and its fixed-tilt racking systems. The company will continue to operate under its own brand as a strategic business unit within Array Technologies. According to APA’s CEO Josh Von Deylen, the acquisition will allow the company to scale faster.

The acquisition is expected to be accretive to Array Technologies’ earnings and create significant opportunities for commercial synergies. Array anticipates providing an update on its full-year guidance to reflect the impact of the acquisition during its Q3 2025 earnings call.

Array Technologies Inc. (NASDAQ:ARRY) manufactures and sells solar tracking technology products in the US, Spain, Brazil, Australia, and internationally.

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Disclosure: None. This article is originally published at Insider Monkey.