Shoals Technologies Group To Supply 1 GWdc Solar + Storage Project
November 02 2022 - 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 (EV)
charging infrastructure, today announced it has been awarded a 1
GWdc contract to supply its BLA and storage solutions on a project
that will be one of the largest solar plus storage projects in the
U.S. when complete.
“We’re proud to supply our best-in-class BLA and
storage system solutions for this monumental solar + storage
project,” said Ben Macias, SVP of Sales and Marketing at Shoals.
“Our partners are increasingly recognizing the need for solutions
that mitigate their risk while also increasing quality and
performance. Our solutions help our partners offset labor scarity
and have better control of increasing labor rates on solar projects
that are often in remote locations.”
Deliveries for the project have begun with an expected
completion by the fourth quarter of 2023.
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/.
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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