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Shares of Shoals Technologies Group, Inc. (SHLS), are up 7% on Monday trade, after the leading provider of electrical balance of systems (EBOS) solutions, announced the signing of a Master Supply Agreement with Blattner Company, to deliver 10 GW of its award-winning Big Lead Assembly (BLA) and systems solutions.
The company filed a patent infringement complaint with the U.S. International Trade Commission against Hikam America and Voltage, LLC.
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Shoals Technologies (NASDAQ:SHLS) is an electrical balance of system solutions provider for the solar, energy storage, and EV infrastructure industry.
PV balance of system (BOS) solutions provider Shoals Technologies posted an increased adjusted EBITDA in the first quarter of 2023, while the company expected yearly revenue of up to US$510 million.