Shoals Technologies Group, Inc.
Shoals Technologies Group, Inc. is an American company that manufactures electrical wiring and connection systems for solar installations. Its prefabricated components connect solar panels, battery storage, and inverters, shortening the installation time for large solar farms. As faster and more reliable installations accelerate the expansion of solar parks and, consequently, the expansion of renewable energy, Shoals is part of the fund.
Why is the company part of the portfolio?
Climate protection: Reducing emissions
Shoals Technologies provides innovative solutions to make solar energy, electric mobility and energy storage more affordable, accessible and efficient. This is crucial for reducing greenhouse gas emissions and combatting global warming. Shoals Technologies is the leading EBOS supplier, with over 40 gigawatts in construction and operation. The company claims to have offset around 19 million megatons of CO₂ in the United States.
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