Plaintiff
1 case as plaintiff.
Shoals Technologies Group, Inc. is a publicly traded company headquartered in Portland, Tennessee. Founded in 1996, the company trades on the Nasdaq stock exchange under the ticker symbol SHLS. As of early May 2026, the company's market capitalization was approximately $1.48 billion. For the trailing twelve months ended March 31, 2026, Shoals reported revenue of $536 million. The company employs around 1,480 people.
Shoals Technologies Group is an operating company that provides electrical balance of system (EBOS) solutions for solar energy, battery storage, and eMobility projects. EBOS components are necessary to carry the electric current produced by solar panels to an inverter. The company's product lines include cable assemblies, inline fuses, combiners and recombiners, disconnects, wireless monitoring systems, and junction boxes. Shoals primarily sells its products to engineering, procurement, and construction (EPC) firms that build large-scale renewable energy projects.
Based on the provided data, Shoals Technologies Group acts as a plaintiff in patent litigation. The company has no recorded cases as a defendant and one case as a plaintiff. This posture suggests that Shoals is an operating company actively enforcing its intellectual property rights rather than a non-practicing entity (NPE) or a frequent target of patent assertions. The single tracked case was filed in the U.S. International Trade Commission, a common venue for patent disputes involving imported goods.
The company's sole tracked patent case is Shoals Technologies Group, LLC v. Voltage, LLC, filed on January 9, 2025, in the U.S. International Trade Commission. Shoals initiated this action as the plaintiff. The company went public via an initial public offering (IPO) on January 27, 2021. Its business focuses on providing components that streamline the electrical installation process for large-scale renewable energy projects, enhancing efficiency and safety.
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Shoals filed a patent infringement complaint with the ITC against Voltage. An Administrative Law Judge made an initial determination finding infringement of both asserted patents, and a final determination by the full commission is expected by June 2026.