Solar Balance of System (BOS) solutions provider Shoals Technologies has celebrated a “record year” in which revenues grew 21%, placing various post-IPO targets firmly in its crosshairs for 2021.
Shoals Technologies Group, an electrical balance of systems (BOS) solutions provider for solar and storage projects, has announced the launch of its Initial Public Offering (IPO).
The market for power conversion systems (PCS) used in energy storage is becoming “increasingly crowded” with competitors, while the diverse field of players will contribute to “rapid technological innovations and price reductions”, Navigant Research has said.
Adding energy storage gives solar developers and the industry in general the ability to “keep going”, while offering both lithium and flow battery systems covers a “wide-range of use cases”, NEXTracker CEO Dan Shugar has said.
HeliosLite's disruptive PV tracking solution boasts higher energy output than single axis horizontal trackers and brings cost effective tracking to decentralised PV plants.
Canadian Solar has introduced a new suite of 1500V system voltage monocrystalline and multicrystalline solar modules in 60-cell and 72-cell configurations as well as a T4 field-installable PV connector portfolio for commercial and utility-scale PV power plants. The products were launched at Intersolar North America 2016.
Leading thin-film module manufacuturer First Solar revealed its new-to-the-market and highly-anticipated Series 5 thin-film PV module at Intersolar last week.
A new study by the International Renewable Energy Agency (IRENA) highlights the continued need to focus on balance of system (BOS) cost reductions for solar PV power plants to continue to expand as a key global renewable energy source.
The North American single-axis tracker market has increased by over 100%, year-over-year, to reach US$1.2 billion in 2015, and is forecasted to grow 20% to US$1.4 billion this year – according to new analysis by IHS.
