shoals technologies

August 16, 2022
US solar product manufacturer Shoals Technologies Group saw record revenue and gross profit in the second quarter of 2022 due to strong demand for its combine-as-you-go system and a large number of new customers buying up components.
May 18, 2022
Shoals Technologies has become the latest solar manufacturer to adjust its guidance for the year, blaming an “increasingly challenging environment” caused by the US AD/CVD investigation.
March 11, 2022
Shoals Technologies is set to double its electrical balance of systems (BOS) manufacturing capacity with a new US facility as its backlog and awarded orders reach a record high.
January 7, 2022
Solar balance of system (BOS) solutions provider Shoals Technologies has formed a partnership with commercial and industrial PV project developer Luminace to pursue distributed renewables and electric vehicle (EV) charging solutions across the US.
November 10, 2021
Solar balance of system (BOS) solutions provider Shoals Technologies saw its Q3 revenues increase 14% year-over-year, but said this rise was less than expected as some customers changed product specifications or delayed shipments due to supply chain issues.
August 11, 2021
US solar balance of systems (BOS) solutions provider Shoals Technology Group reported a record Q2 revenue increase of 38% on last year, bringing the total to US$59.7 million. Its system solutions grew 62% year-on-year and contributed an increased share of last quarter’s revenue compared with the same period the year before
May 4, 2021
Solar balance of systems (BOS) provider Shoals Technologies has benefited from “robust demand” for its products in the US, as the company completed its first quarter as a public company.
April 20, 2021
US solar tracker company FTC Solar become the latest tracker provider to launch an initial public offering (IPO), aiming to raise up to US$423 million.
March 18, 2021
Solar Balance of System (BOS) solutions provider Shoals Technologies has celebrated a “record year” in which revenues grew 21%, placing various post-IPO targets firmly in its crosshairs for 2021.
February 4, 2021
A round-up of the latest news from the US solar market, as Shoals Technologies’ upsized IPO raises north of US$2 billion and Sunnova claims an industry first financing offer.

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