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SHLS - Shoals: Growing Fast With A Competitive Advantage
Shoals Technologies Group Inc.
Shoals is a leader in electrical balance of systems (EBOS). These are electrical connectors which can be installed faster and easier without a licensed electrician.
This is a gamechanger as installation costs via field labor makes up approximately 29% of the cost of a solar project.
Biden has a plan to provide 45% of US electricity from solar by 2050. Thus this firm is poised to take advantage of the growing transition towards renewable energy.