Market Leadership Shoals Technologies Group is a recognized leader in electrical balance of systems solutions for the renewable energy sector, with deployment on over 66 gigawatts of solar systems globally, positioning it as a trusted supplier for large-scale solar and energy storage projects.
Expansion Initiatives Recent strategic hires and new partnerships, including collaborations with Gentari Renewables and UGT Renewables, demonstrate Shoals’ active pursuit of market expansion into emerging markets and regional growth, presenting opportunities for sales of their solutions in new geographies.
Product Innovation Shoals received industry recognition for innovation, such as an honorable mention in the 2025 Top Products competition for its battery energy storage combiner boxes, indicating a focus on developing cutting-edge, market-ready solutions that appeal to large-scale project developers.
Financial Scalability With revenue between 250 million and 500 million dollars and substantial funding of 579 million dollars, Shoals is positioned for ongoing growth and capital investments, creating opportunities to present advanced, scalable solutions to multinational solar and storage project developers.
Regional Growth Strategy The appointment of a dedicated Country Manager for the Pacific region and collaborations on projects across North America and Australia highlight Shoals’ strategic focus on regional market expansion, offering targeted sales opportunities in different growth areas of the renewable energy market.