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Shoals Technologies Group, Inc. provides electrical infrastructure solutions for the energy transition market, including electrical balance of system (EBOS) solutions and components used in utility-scale solar projects. Its products are sold principally to engineering, procurement and construction firms that build solar energy projects, and company updates also reference battery energy storage solutions (BESS) and OEM components.
Recurring news for SHLS includes quarterly results, revenue outlooks, backlog and awarded orders, investor-event participation, product education for BESS markets, commercial agreements tied to critical-power systems, and intellectual-property matters involving the company’s patented Big Lead Assembly solutions.
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Shoals Technologies Group and Brookfield Renewable have announced a strategic partnership to launch a Charging-as-a-Service (CaaS) solution aimed at revolutionizing electric vehicle charging infrastructure. This innovative offering eliminates significant upfront payments, allowing for easier deployment of charging networks for various sectors, including fleets and multi-unit dwellings. By leveraging Brookfield's extensive renewable energy expertise and Shoals' efficient charging technology, the partnership targets commercial and public sector customers with flexible, technology-agnostic solutions. The CaaS model supports a monthly subscription fee structure, enabling clients to allocate capital to other priorities while benefiting from tailored infrastructure solutions. This collaboration is expected to accelerate the adoption of EV charging across the U.S., addressing barriers to entry in the market.
Shoals Technologies Group, Inc. (Nasdaq: SHLS) announced it will disclose its first quarter 2023 results on May 8, 2023, after market close. Following the earnings release, a conference call will take place at 5:00 p.m. Eastern Time. Investors can access the live call through the Company's Investor Relations webpage or by phone. The telephonic replay will be available shortly after the call, lasting until May 22, 2023. Shoals Technologies is a leader in providing electrical balance of systems (EBOS) solutions for solar, storage, and electric vehicle infrastructure, with over 20 GW of solar systems deployed globally since its founding in 1996.
Shoals Technologies Group (Nasdaq: SHLS) has secured a 120 MW contract to supply its BLA+ solution for a utility-scale solar project in Western Australia. The BLA+ solution, previously known as BLA 2.0, integrates all necessary components for installation, promoting efficiency. Ben Macias, Chief Revenue Officer, emphasized that the system’s above-ground installation eliminates the need for costly trench digging and utilizes fewer materials, thereby reducing construction time and costs. Deliveries are anticipated by Q4 2023.
With over 20 GW of solar systems deployed globally, Shoals is a recognized leader in renewable energy solutions, enhancing installation efficiency and safety.