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Shoals Technologies Group and First Solar Continue Partnership
FSLRFirst Solar(FSLR) Newsfilter·2025-03-26 11:00

Core Viewpoint - Shoals Technologies Group is committed to domestic manufacturing in Alabama through a partnership with First Solar, aimed at reshoring the U.S. solar supply chain [1][2]. Group 1: Partnership and Economic Impact - The partnership with First Solar is highlighted as a source of pride for Shoals, emphasizing the importance of quality products in supporting the reshoring of the solar supply chain [2]. - First Solar's $1.1 billion facility in Alabama has created over 800 direct manufacturing jobs, showcasing the economic benefits of American solar manufacturing [2]. - The collaboration allows Shoals to invest in American jobs while expanding into attractive market segments [3]. Group 2: Industry Growth and Future Outlook - The partnership is positioned as a critical step in reshoring America's solar supply chain, with local products like junction boxes playing a significant role in the domestic energy technology manufacturing sector [3]. - Representatives express optimism about the economic growth potential tied to homegrown power generation technologies, reinforcing the importance of the Shoals and First Solar collaboration [4]. - The ongoing commitment to domestic manufacturing is expected to support the growth in domestic electricity demand [2].