American manufacturing expansion Shoals is investing heavily in U.S. manufacturing capacity with a new 638,000-square-foot mega facility in Portland, Tennessee, backed by a $30 million investment. This signals strong domestic supply capabilities and potential for sales of EBOS components and systems to support onshoring and large-scale deployment projects.

Rising revenue momentum Q1 2026 revenue reached approximately $141 million, up about 75% year over year, indicating accelerating demand for electrical balance of systems in solar, energy storage, and data center applications. This creates opportunities to upsell higher-value EBOS solutions and bundled services.

Strategic partnerships Recent collaborations with Barclays and ON.energy position Shoals as a partner in high-capacity, mission-critical projects, including AI data center power systems. Leverage these relationships to propose integrated EBOS packages, financing-friendly procurement, and joint marketing to target hyperscale customers.

Global deployment footprint Solutions deployed on over 66 GW of solar globally illustrate scale and reliability, making Shoals a credible vendor for large solar and storage pipelines as well as emerging AI and data center workloads that require robust, efficient electrical infrastructure.

Acquisition and capability boost The acquisition of PVComplete in 2021 and ongoing tech stack investments indicate a broadening of design, project delivery, and software-enabled capabilities. This can be leveraged to offer end-to-end EBOS design-build services, project optimization tools, and accelerated time-to-value for customers.