We are a leading provider of electrical balance of system or “EBOS” solutions for solar energy projects in the United States. EBOS encompasses all of the components that are necessary to carry the electric current produced by solar panels to an inverter and ultimately to the power grid. EBOS components are mission-critical products that have a high consequence of failure, including lost revenue, equipment damage, fire damage, and even serious injury or death. As a result, we believe customers prioritize reliability and safety over price when selecting EBOS solutions.

We expect to introduce products in 2022 for the rapidly growing EV (electric vehicle) charging infrastructure market that will help reduce the installation cost.

(Note: Shoals Technologies Group upsized its IPO by 22.2 percent at pricing on Jan. 26, 2021: 77 million shares, up from 70 million in the prospectus, were priced at $25 each, above the recently increased price range of $22 to $23, to raise $1,925.0 million ($1.925 billion), up from estimated proceeds of $1,575.0 million ($1.575 billion). The Shoals IPO was upsized by 57.5 percent on Monday, Jan. 25, 2021, in an S-1/A filing that disclosed an increase in both the number of shares (to 70 million, up from 50 million initially) and the price range (to $22 to $23, up from $19 to $21 initially.)