Shoals Technologies Group announced it has been awarded a 120 MW contract to supply its BLA+ solution to a utility-scale solar project in Western Australia. The BLA+ solution, formerly known as BLA 2.0, is a bundled offering that combines the BLA system with all the components required to attach the BLA to the racking system, including wire management, support wire and tensioning systems to create a single integrated offering. Deliveries for the project are expected to be completed by Q4 2023.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on SHLS:
- Shoals Technologies assumed with an Equal Weight at Morgan Stanley
- Shoals Technologies upgraded to Neutral from Sell at Goldman Sachs
- Shoals Technologies price target lowered to $27 from $30 at Barclays
- Shoals Technologies initiated with a Buy at Citi
- Shoals Technologies 24.5M share Spot Secondary priced at $24.70