Balance of Systems

Shoals Technologies Group and its parent sold 88.5 million shares during the initial public offering in late January.

Check out this week’s list of some of the newest announcements related to clean energy products.

The Tennessee-based company’s balance-of-systems solutions are deployed on over 20 GW of solar energy systems globally.

Modules, a community solar website, product partnerships, tracker tech, electric vehicles, and more.

Also on the rise: Wisconsin to revise dated DER rules, Massachusetts sets a course for 2050 energy goals, Sungrow notches an inverter delivery milestone, and a 1.6 MW solar carport enters service in New Jersey.

Also on the rise: Invenergy gets a $1 billion holiday gift; Tonight’s celestial thrill; Looser rules could boost Chinese glass capacity; NREL announces record-setting two-junction solar cells; ReneSolar notches a win in Poland’s solar auction

“As Congress looks to recover jobs and spur new economic activity that leads to job growth and consumer savings, they should prioritize extending and expanding the ITC for distributed clean energy,” CALSSA said.

Despite the coronavirus pandemic, the photovoltaic inverter maker grew its revenue compared to the previous year.

Yotta Energy just won seed funding to install batteries under solar modules — in an architecture analogous to microinverters and optimizers.

The solar racking market has quiet revenues of billions of dollars and continues to consolidate — driven by equity firms such as Esdec and Tenex. The market segment has become a small hotbed of M&A.