Shoals beats revenue expectations for Q1, 2025
The company posted $80.4 million in revenue and increased its orders backlog to $645 million.
Swiss company Staubli expands U.S. manufacturing of solar components
Staubli plans to increase manufacturing of American-made connectors and wire harnesses in its California and North Carolina facilities.
Sunrise brief: Puerto Rico’s solar net metering law at risk from federal oversight board
Also on the rise: Stable solar power purchase agreement prices present “window of opportunity”. Arcadia raises $50 million to bring AI to community solar. And more.
Pre-fabricated and customized wire management systems provide a competitive advantage
Solar wiring that integrates easily in the field can simplify installation, enhance both quality and longevity, and improve overall project efficiency.
Shoals to invest $80 million in Tennessee manufacturing expansion
The electrical balance of systems provider serving the solar industry will move its manufacturing and distribution center to a new, larger facility.
Shoals posts 48% year-over-year growth in record quarter
The electrical balance of systems company’s gross margins shrank, leading to a net loss of $9.8 million. It has an ongoing legal case in which it is seeking damages from a wire insulation provider.
Shoals Technologies and Nextracker introduce North-South Big Lead Assembly product
North-South BLA trunk bus optimizes electrical balance of system installation, long-term O&M and cuts costs compared to conventional wiring methods.
Shoals reports 12% revenue growth, plots to accelerate its EV charging strategy
Shoals said it is getting faster at winning new customers: It recently converted a prospect to an order in less than 90 days.
Shoals, solar balance-of-system player, had a strong 2020 and sees an even stronger 2021
Dean Solon of Shoals Technologies Group: “The short version is that it’s been a damned good year.” An interview with Shoals covers the growth of large solar projects in the U.S., high AC/DC ratios and the real costs of using cheap components.
