Shoals Technologies Group Unveils eMobility Innovation Center at Company Headquarters in … | News

Portland, Tenn, February 15, 2022 (GLOBE NEWSWIRE) – Shoals Technologies Group, Inc. (“Shoals” or “Company”) (Nasdaq: SHLS), a leading provider of Electrical Balance Systems (EBOS) solutions for solar charging, storage and electric vehicle (EV) charging infrastructure, today unveiled its eMobility Innovation Center at the company’s headquarters in Portland, Tennessee.

“Live Lab” showcases best-in-class Shoals solutions for charging EV and eMobility. This allows customers to personally familiarize themselves with Fuel by Shoals ’product portfolio and solutions, and demonstrates how Shoals violates traditional ways of deploying EV charging infrastructure. Fuel by Shoals brand products provide a modular approach to deploying EV charging infrastructure and are compatible with any vendor of charging hardware and software. The eMobility Innovation Center features chargers from a variety of leading charger manufacturers.

“We are excited to introduce our eMobility Innovation Center here, at our company’s headquarters in Portland, Tennessee,” said Jason Whitaker, CEO of Shoals. “Our goal is to provide a simpler, more reliable and scalable way to deploy EV charging systems, and the eMobility Innovation Center provides an optimal demonstration of our technology, allowing customers to learn about our eMobility solutions first hand.”

The eMobility Innovation Center demonstrates how Shoals solves three major problems in the EV charger market: the traditionally high cost of installing EV charging stations, time consumption and failure to deploy EV chargers, and a lack of quality and reliability throughout the sector.

“Shoals eMobility solutions address all the key issues facing the EV charging market,” said Jeff Tolnar, senior vice president of e-mobility at Shoals. “By reducing material and labor costs, rapidly deploying EV chargers, and providing industry-leading quality through our own high-repetition production that leverages the Shoals experience in EBOS solutions, we can efficiently and cost-effectively enable scale the EV charging infrastructure to meet the rapidly growing market demand ”.

“We are honored to be part of Shoals eMobility’s Innovation Center as Shoals helps accelerate the proliferation of electrification and increase the scalability of EV infrastructure,” said Bill Leventhal, Senior Vice President, ChargePoint Products. “As EVs begin to take center stage, it’s more important than ever to have companies focused on reducing overall costs, accelerating deployment and improving the performance of charging sites, and our partnership with Shoals will help achieve those goals.”

Both the video and photo library of the eMobility Innovation Center are available.

About Shoals Technologies Group, Inc.

Shoals Technologies Group, Inc. is a leading provider of Electric Balance Systems (EBOS) solutions for solar energy infrastructure, storage and charging of electric vehicles. Since its founding in 1996, the company has implemented innovative technologies and system solutions that allow its customers to significantly increase the efficiency and safety of the installation, while improving the performance and reliability of the system. Shoals Technologies Group, Inc. is a recognized leader in the renewable energy industry, whose solutions are deployed in more than 20 GW solar systems worldwide. For more information, visit: https://www.shoals.com/.

Statements about the future

This press release contains statements for the future, including statements regarding the initial public offering. These statements are not historical facts, but are based on the current expectations and forecasts of the company regarding its business, operations and other related factors. Words like “maybe”, “will”, “could”, “was”, “should”, “predict”, “predict”, “potential”, “continue”, “wait”, “intend”, “Plans,“ projects, ”“ believe, ”“ estimates, ”and similar expressions are used to identify these forward-looking statements. These statements are estimates only and therefore do not guarantee future performance and include risks, uncertainties and assumptions that are difficult to predict. Actual results may differ materially from those contained in forward-looking statements as a result of a number of factors, including those contained in a company registration application filed with the Securities and Exchange Commission.

Contacts:

Investors: Email: investors@shoals.com Phone: 615-323-9836

Media: Email: media@shoals.com

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