Shoals Technologies Group and SKYCHARGER Partner to Scale EV Charging Infrastructure
November 18 2021 - 8:00AM
Shoals Technologies Group, Inc. (“Shoals” or “the Company”)
(Nasdaq: SHLS), a leading provider of electrical balance of systems
(EBOS) solutions for solar, storage, and electric vehicle charging
infrastructure, today announced that it has been selected by
SKYCHARGER as part of their EV charging infrastructure offering.
SKYCHARGER placed a purchase order for Fuel by Shoals eMobility
solutions to cover the 2022 pipeline, with first shipments
beginning in Q4 2021. This product selection will reduce capital
costs and significantly speed deployment time frames of its EV
infrastructure projects across the USA.
“We are thrilled to be partnering with
SKYCHARGER to provide innovative solutions for EV charging,” said
Jeff Tolnar, Senior Vice President of EV Solutions at Shoals. “The
combination of best-in-class eMobility solutions from Shoals with
best-in-class financial packages from SKYCHARGER will dramatically
improve site economics and avoid lengthy business disruptions for
site hosts. These types of partnerships are needed to accelerate EV
charging infrastructure and consumer adoption of EVs.”
Shoals’ EV solutions lower cost of deployments,
reduce time on site, improve quality and introduce a degree of
asset portability that has not existed in the EV supply equipment
marketplace. Using Shoals’ EV solutions enables SKYCHARGER to
deploy more charging assets with the same amount of capital,
enabling rapid scale-up of their suite of conveniently located,
cost-effective, and highly reliable chargers.
“When it comes to our business, we have a single
purpose; we are committed to creating environmentally conscious
communities where EV charging accessibility is not a luxury,”
stated Jeff Zissulis, CEO of SKYCHARGER. “We have found an
excellent partner in Shoals to help us accelerate this goal.”
About Shoals Technologies Group,
Inc.Shoals Technologies Group, Inc. is a leading provider
of electrical balance of systems (EBOS) solutions for solar,
storage, and electric vehicle charging infrastructure. Since its
founding in 1996, the Company has introduced innovative
technologies and systems solutions that allow its customers to
substantially increase installation efficiency and safety while
improving system performance and reliability. Shoals Technologies
Group, Inc. is a recognized leader in the renewable energy industry
whose solutions are deployed on over 20 GW of solar systems
globally. For additional information, please visit:
https://www.shoals.com/.
About SKYCHARGER
Established in 2013, SKYCHARGER has emerged as a
leader in the EV charging space. It is our mission to create
environmentally conscious communities where accessibility to EV
charging is not a luxury. Offering Level 2 and DC fast charging,
vehicle-to-grid charging, fleet electrification, solar canopies
including EV charging, and low carbon fuel standard (LCFS)
solutions, we are poised to continue to lead the sustainable energy
revolution. With the backing of Skyview Ventures, we simplify the
rebate and permitting process and remove the financial burden from
our partners and the host sites. SKYCHARGER delivers a new consumer
demographic to businesses while protecting the environment and
minimizing the carbon footprint. SKYCHARGER was named Company of
the Year in 2021 by AutoTech Magazine and is headquartered in
Nashville, TN. SKYCHARGER – Where EV Charging is a Breeze.
Forward Looking Statements
This press release contains forward looking
statements, including statements regarding the initial public
offering. These statements are not historical facts but rather are
based on the Company’s current expectations and projections
regarding its business, operations and other factors relating
thereto. Words such as “may,” “will,” “could,” “would,” “should,”
“anticipate,” “predict,” “potential,” “continue,” “expects,”
“intends,” “plans,” “projects,” “believes,” “estimates” and similar
expressions are used to identify these forward-looking statements.
These statements are only predictions and as such are not
guarantees of future performance and involve risks, uncertainties
and assumptions that are difficult to predict. Actual results may
differ materially from those in the forward-looking statements as a
result of a number of factors, including those in the Company’s
registration statement filed with the Securities and Exchange
Commission.
Contacts:
Investors:Email: investors@shoals.com Phone:
615-323-9836
Media: Email: media@shoals.com
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