Shoals Technologies Group to Deploy Multi-Gigawatt AI Data Center Power
Shoals Technologies Group has partnered with ON.energy to deploy multiple gigawatts of critical power systems into AI data centers while expanding its manufacturing campus to 638,000 square feet in Portland. The company reported a record $747.6 million backlog and Q4 revenue up 39% to $148.3 million.
1. Strategic Partnership with ON.energy
Shoals Technologies Group has entered into a collaboration with ON.energy to deliver multiple gigawatts of critical power systems tailored for AI and cloud computing data centers. This aligns Shoals’ electrical balance-of-system expertise with rising demand for reliable, scalable power solutions in the AI infrastructure segment.
2. Campus Expansion in Portland
To support increased production, Shoals is expanding into a 638,000-square-foot manufacturing campus in Portland. This facility upgrade is designed to scale output of cable assemblies, combiners and disconnects to meet growing orders from utility-scale solar and data center projects.
3. Record Backlog and Q4 Performance
The company closed 2025 with a record $747.6 million backlog and awarded orders, delivering a fourth quarter revenue of $148.3 million, up 39% year-over-year. Gross profit rose to $46.9 million and net income climbed to $8.1 million from $7.8 million in the prior-year period.
4. Product Offering and Market Position
Shoals specializes in electrical balance-of-system solutions for solar and battery storage, including cable assemblies, combiners and rapid-shutdown disconnects. Its products enhance installation efficiency and reliability, positioning the company to capture share in both utility-scale solar and emerging AI data center markets.