Expanding Horizons: Shoals’ Strategic Move to Portland, Tennessee
Shoals, a prominent US-based renewable energy chip and equipment manufacturer, is set to invest $80 million in a cutting-edge energy storage facility. This ambitious expansion plan includes relocating its manufacturing operations to Portland, Tennessee, signifying a significant step in meeting the escalating demand from the renewable energy and e-mobility sectors.
A Closer Look at the Project
The proposed 638,000-square-foot plant is expected to play a pivotal role in catering to the burgeoning needs of the industry. This strategic investment will not only enhance Shoals’ operational capacity but also generate approximately 550 new job opportunities. The move will elevate Shoals’ total workforce in the region to around 1,400, reinforcing its commitment to fostering economic growth in Tennessee.
Shoals’ Expertise in Electrical Balance of Systems (EBOS)
Shoals specializes in providing cutting-edge Electrical Balance of Systems (EBOS) solutions for solar, storage, and electric vehicle charging infrastructure. With a focus on efficiency and innovation, the company has positioned itself as a key player in advancing technology within the renewable energy landscape.
CEO’s Perspective
Brandon Moss, CEO of Shoals Technologies Group, expressed his enthusiasm about the transformative move, stating, “Today’s announcement marks a pivotal moment for Shoals’ growth, allowing us to enhance efficiency, create jobs, and contribute even more to the thriving economic landscape of Tennessee. I am immensely proud of our dedicated team for their commitment and success and am grateful to the State of Tennessee for their partnership in making this transformative move a reality.”
This substantial investment not only underscores Shoals’ commitment to technological advancements but also reinforces its dedication to fostering economic development and job creation in the renewable energy sector.
Source：evertiq.com
