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Jefferies Lifts Shoals Technologies Group (SHLS) Price Target amid booming Battery Business
Yahoo Finance· 2025-09-12 11:00
Group 1 - Shoals Technologies Group Inc. is recognized as a leading investment opportunity in the wind power and solar sectors, with a recent price target increase from Jefferies to $9 from $6, reflecting a 134% stock gain over the past six months [1][2] - Jefferies expresses confidence in the company's long-term growth prospects, anticipating top-line growth through 2027 driven by strong demand for battery energy storage systems from independent power producers and hyperscalers [2][3] - The company's expansion efforts into Australia and Latin America are expected to further accelerate growth, with Jefferies projecting mid-to-high 30s gross margins as capital expenditures stabilize [3][4] Group 2 - Shoals Technologies Group specializes in manufacturing essential electrical components for solar power systems and other clean energy applications, including products for solar and battery storage projects such as easy-to-connect cables and big lead assemblies (BLA) [4]
Engineer Explains Three Key Issues in Renewable Grid Design
Grid Infrastructure Challenges with Renewable Energy - Renewable energy sources like wind and solar are creating infrastructure problems because power grids weren't designed for them [1] - The lack of inertia in renewable energy systems can increase the risk of widespread blackouts [5] - Conventional power plants have built-in inertia, providing buffer time when a power plant fails [2][4] Solutions for Grid Resilience - Grid-forming inverters can operate independently and support the grid during disruptions [5][6] - Synchronous condensers can provide additional rotational inertia by using electricity from renewable sources [7] - Battery energy storage systems (BESS) can deploy excess energy to stabilize the grid during outages [8] Technological Aspects - Conventional power plants produce electricity at a grid frequency of 60 Hz in the US [3] - Grid-following inverters rely on the grid's voltage and frequency, while grid-forming inverters can adjust electronically and react faster [5][6]