Shoals Technologies signs MOU with TerraFlow for up to 5 GW storage

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Shoals Technologies Group and TerraFlow Energy Forge Multi-Gigawatt Partnership to Advance the Future of Energy Storage

August 3, 2026 8:00 AM EDT

PORTLAND, Tenn., Aug. 03, 2026 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Shoals) (Nasdaq: SHLS), a global leader in electrical infrastructure solutions for the energy transition market, announced a strategic Memorandum of Understanding (MOU) with TerraFlow Energy, grid-scale, long-duration energy storage infrastructure. Under the agreement, Shoals will support TerraFlow's growing energy storage portfolio with its power distribution solutions for utility-scale and data center applications. The MOU is intended to support TerraFlows future deployment plan of up to 5 GW annually.

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