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Benzinga
Benzinga
Business
Henry Khederian

Here's Why Array Technologies Shares Are Rising

Array Technologies Array Technologies Inc ARRY Nasdaq

Array Technologies Inc (NASDAQ:ARRY) shares are trading higher by 15.04% at $12.58 after the company announced it will supply advanced tracker technology for "the largest solar + storage project in the U.S."

Array Technologies says the project will store over 1.4 GWh of solar power and is estimated to be worth more than $1 billion. Kiewit Power Constructors is serving as the engineering, procurement and construction firm on the project.

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