Shoals Technologies Group
Production and Processing of Raw Materials/Power Generation, Water Supply and Utilities/Renewable Energies
Portland, AR, United States
Description
Experteer Insights
Experteer Briefing
Company Trajectory
Shoals Technologies Group, founded in 1996, began as a component supplier in the automotive industry before making a strategic pivot into the renewable energy sector. Headquartered in Portland, Tennessee, United States, the company shifted its focus over time to become a leading provider of electrical balance of system (EBOS) solutions and components supporting solar energy and electric vehicle charging projects. Shoals has demonstrated adaptability through significant market expansions, and its journey reflects a commitment to innovation and responding to evolving industry needs.
Financial Setup
Shoals Technologies Group operates primarily on a B2B model, supplying EBOS solutions to commercial and industrial clients globally. As a publicly traded company, Shoals has seen considerable scaling of operations, now employing more than 1,300 personnel. The company’s financial structure reveals growth in both revenue and operational capacity, underpinned by increased market demand in the renewable energy sector and its public ownership status, which facilitates access to broader capital resources.
Development & Outlook
Recently, Shoals Technologies Group has advanced its product offerings to include a comprehensive suite of EBOS components such as cable assemblies, fuses, combiners, disconnects, recombiners, wireless monitoring systems, and various enclosures. The company holds 47 global patents issued and pending, underscoring a robust commitment to research and innovation. Shoals also supports sustainability through solutions that optimize material use and reduce waste. Its current ISS Governance QualityScore is 5, reflecting an ongoing focus on compliance and governance as the company pursues further growth and diversification in clean energy infrastructure.
Vacancies
Electrical Test Lead
Shoals Technologies Group
Portland, TN - USA
Product Manager, Operations and Supply Chain
Shoals Technologies Group
Portland, TN - USA
Plastic Injection Molding Engineer
Shoals Technologies Group
Portland, TN - USA
Project Manager
Shoals Technologies Group
Portland, TN - USA
Quality Engineer - BESS
Shoals Technologies Group
Portland, TN - USA