Articles from Shoals Technologies Group

Appointments Expand Executive Team to Drive Operational Excellence

Introduced Long-Term Financial Targets

Highlights Balanced and Profitable Growth Strategy to Drive Long-Term Shareholder Value

Memorandum of Understanding with United Utilities Environmental Services (UUES) Riyadh intended to localize solar EBOS manufacturing

Ruling Represents Big Win for U.S. Solar Manufacturing Industry and American Jobs

PORTLAND, Tenn., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, today announced the publication of its 2023 Environmental, Social, and Governance (“ESG”) report. The ESG report highlights Shoals’ notable progress and achievements in advancing environmental, social, and governance priorities in the 2023 fiscal year.

PORTLAND, Tenn., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a global leader in electrical balance of systems (EBOS) solutions for the energy transition market, today announced that its Board of Directors has appointed Niharika Taskar Ramdev to the Board, effective August 9, 2024. The Board also appointed Ms. Ramdev to be a member of the Audit Committee of the Board. Ms. Ramdev replaces Peter Wilver, who resigned from the Board of Directors as of August 9, 2024. Shoals thanks Mr. Wilver for his service to the Company and its stockholders.

PORTLAND, Tenn., June 17, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, today announced its launch of a comprehensive range of system-solutions focused on international developers and engineering, procurement and construction (EPC) contractors.

PORTLAND, Tenn., June 13, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for the energy transition market, today announced that it will host its inaugural Investor Day in Nashville, Tennessee on Thursday, September 5, 2024, beginning at 8:30 a.m. CT.

PORTLAND, Tenn., May 09, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc., a leading provider of electrical balance of systems (“EBOS”) solutions for solar, battery storage, and electric vehicle charging infrastructure, today announced the appointment of Gary Uren as Senior Vice President and General Manager (SVPGM) over International Business and Matt Tractenberg as Vice President of Finance and Investor Relations.

PORTLAND, Tenn., March 12, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc., a leading provider of electrical balance of systems (“EBOS”) solutions for solar, battery storage, and electric vehicle charging infrastructure, reaffirmed its commitment to protecting its intellectual property rights and announced it will continue to vigorously defend its patent complaint with the U.S. International Trade Commission (“ITC”) against Voltage, LLC, based in Chapel Hill, North Carolina.

PORTLAND, Tenn., March 07, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery storage, and electric vehicle charging infrastructure, today announced the Board of Directors appointed the Company’s Chief Executive Officer, Brandon Moss, to the Board.

NASHVILLE, Tenn., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Shoals Technologies Group officials announced today the company will invest $80 million over the next five years to expand its existing manufacturing and distribution operations to a new, larger location in Portland, Tennessee.

Deployment supports Air Force’s Climate Action Plan to achieve 100 percent carbon-free electricity by 2030 and net-zero emissions at Air Force facilities by 2046

PORTLAND, Tenn., July 31, 2023 (GLOBE NEWSWIRE) -- 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 its patent pending Snapshot I-V solar PV health monitoring solutions.

PORTLAND, Tenn., July 28, 2023 (GLOBE NEWSWIRE) -- 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, announced today the publication of its 2022 Environmental, Social, and Governance (ESG) Report.

PORTLAND, Tenn., July 27, 2023 (GLOBE NEWSWIRE) -- 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, announced today that its patent infringement complaint with the U.S. International Trade Commission (ITC) against Voltage, LLC, based in Chapel Hill, North Carolina has been amended to add a third, recently-issued U.S Patent.

PORTLAND, Tenn., June 20, 2023 (GLOBE NEWSWIRE) -- 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, announced today that the U.S. International Trade Commission (ITC) has instituted an investigation into allegations of patent infringement against Hikam America, Inc., based in Chula Vista, California, and Voltage, LLC, based in Chapel Hill, North Carolina.

Mr. Moss Brings a Proven Track Record of Driving Growth and Value Creation to Shoals

PORTLAND, Tenn., June 12, 2023 (GLOBE NEWSWIRE) -- 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 the signing of a Master Supply Agreement with Blattner Company, to deliver 10 GW of its award-winning Big Lead Assembly (“BLA”) and systems solutions over the next two years.

Shoals seeks to prohibit the alleged infringing products from importation into the United States

CaaS solution for EV charging infrastructure eliminates large up-front payments and enables streamlined project deployment

PORTLAND, Tenn., April 18, 2023 (GLOBE NEWSWIRE) -- 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 120 MW contract to supply its BLA+ solution to a utility-scale solar project in Western Australia.

PORTLAND, Tenn., March 07, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS) (the “Company”) today announced the pricing of the previously announced underwritten public offering of an aggregate of 24,501,650 shares of the Company’s Class A common stock by certain selling stockholders affiliated with Dean Solon (collectively, the “Selling Stockholders”), at a price to the public of $24.70 per share. The Company will not receive any of the proceeds from the sale of Class A common stock offered by the Selling Stockholders.

PORTLAND, Tenn., March 07, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS) (the “Company”) today announced the launch of an underwritten public offering of an aggregate of 24,501,650 shares of the Company’s Class A common stock by Solon Holdco I, LLC and Solon Holdco II, LLC, affiliates of Dean Solon (collectively, the “Selling Stockholders”). Additionally, the Selling Stockholders intend to grant the underwriter a 30-day option to purchase up to an additional 3,675,247 shares of Class A common stock. The Company’s Class A common stock is listed on the Nasdaq Global Market under the symbol “SHLS.”        

– Mr. Tolnar, President, to Serve in Interim Role Until New Chief Executive Officer is Appointed –

– Inaugural report highlights company’s accomplishments and approach to ESG strategy –

– Promotions Demonstrate Depth of Leadership Experience –

PORTLAND, Tenn., Nov. 02, 2022 (GLOBE NEWSWIRE) -- 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.

Achieving Certification to UL standards demonstrates Shoals successfully meets applicable industry requirements for safety and performance