US eBOS manufacturer Shoals has been granted a successful verdict and US$96 million in damages by a court in North Carolina in its intellectual property dispute with fellow US manufacturer Voltage.
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.
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.
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.