Workflow
Big Lead Assembly (BLA) wiring solution
icon
Search documents
Shoals Technologies Group, Inc. (SHLS) Receives a New U.S. Patent for Its Big Lead Assembly (BLA) Wiring Solution for Solar Installations
Yahoo Finance· 2025-09-22 01:19
Core Insights - Shoals Technologies Group, Inc. (NASDAQ:SHLS) has received a new U.S. patent for its Big Lead Assembly (BLA) wiring solution for solar installations, enhancing its intellectual property portfolio [2][3] - The BLA system aims to eliminate traditional combiner boxes, thereby reducing installation time and labor costs for solar projects, which strengthens Shoals' position in the U.S. solar market [3] Company Developments - The newly acquired '295 patent has been incorporated into the company's ongoing lawsuit against Voltage LLC in the U.S. District Court for the Middle District of North Carolina [2] - Shoals Technologies Group offers electrical balance-of-system solutions and components for solar energy projects on a global scale, positioning itself as one of the best clean energy stocks [3]
Jefferies Raises Price Target for Shoals Technologies Group, Inc. (SHLS) as BESS Business Surges
Yahoo Finance· 2025-09-16 13:57
Core Insights - Shoals Technologies Group, Inc. (NASDAQ:SHLS) is considered one of the most undervalued solar stocks, with Jefferies maintaining a 'Buy' rating and increasing the price target from $6.00 to $9.00, indicating a potential increase of approximately 30.63% from the current price [1][2] Company Performance - The company's confidence is bolstered by the rising demand for battery energy storage systems (BESS), improved performance in its core OEM segment, and expansion efforts into Australia and Latin America [2] Intellectual Property and Market Position - On September 11, 2025, Shoals Technologies Group received a new U.S. patent ('295 patent') for its Big Lead Assembly (BLA) wiring solution, which enhances its intellectual property portfolio and supports an ongoing infringement lawsuit against Voltage, LLC [3] - The CEO of Shoals Technologies Group emphasized that this patent not only protects their proprietary technology but also strengthens their leadership position in the U.S. solar market, ensuring fair market dynamics for customers [3] Company Background - Shoals Technologies Group, Inc. is based in Tennessee and specializes in EBOS solutions and components, serving a diverse range of clients including charge point operators, independent power producers, and construction firms [3]