Array Technologies Acquires Affordable Wire Management in BOS Push
Array Technologies has closed its acquisition of Affordable Wire Management, deepening its balance-of-system strategy in the solar sector.
Array Technologies has completed its acquisition of Affordable Wire Management, the company announced, marking a significant step in its push to broaden its balance-of-system product strategy within the solar energy industry. The deal adds wire management capabilities to Array's existing portfolio, positioning the firm to offer a wider range of solar installation components to its customers.
The acquisition reflects a broader industry trend of solar tracker and hardware manufacturers expanding beyond their core products to capture more value across the full scope of a solar project's infrastructure. By integrating wire management solutions, Array Technologies can now address a larger share of the components that fall outside of panels and inverters — a segment known as balance of system, or BOS.
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Array Technologies is best known as a leading manufacturer of solar tracking systems, which orient photovoltaic panels toward the sun to maximize energy output. Adding Affordable Wire Management to its roster signals an intent to become a more comprehensive supplier rather than a single-product vendor, a strategy that can strengthen customer retention and improve project economics for installers and developers.
The financial terms of the acquisition were not disclosed in the announcement. As competition intensifies in the utility-scale solar market, companies that control more of the BOS supply chain may gain a meaningful edge in project bidding and execution timelines.
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