The Hidden Risk in Your Battery Storage System: Why cable cleats belong in every BESS specification

Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a global leader in electrical infrastructure solutions for the energy transition market, announced its participation in the following upcoming investor events:

August 6, 2026: Goldman Sachs Virtual Fireside Chat 
Shoals’ CEO, Brandon Moss, and CFO, Dominic Bardos, will participate in a virtual fireside chat with covering analyst Brian Lee. Interested investors should contact their Goldman Sachs sales representative.

August 11, 2026: Oppenheimer Virtual Annual Technology, Internet & Communications Conference 
Shoals’ VP of Investor Relations, Matt Tractenberg, VP of Finance, Alex Ovshey, and Sr. Business Development Manager – BESS & Data Center, Cayman Berg, will host virtual investor meetings. Interested investors should contact their Oppenheimer sales representative.

August 12, 2026: Needham Virtual AI Infrastructure 1x1 Conference 
Shoals’ VP of Investor Relations, Matt Tractenberg, Sr. Director of Sales – BESS & Data Center, Justin Jones, and BESS Product Line Manager, Kishan Ponnadurai, will host virtual investor meetings. Interested investors should contact their Needham sales representative.

September 9, 2026: Barclays Annual Energy-Power Conference in New York 
Shoals’ CEO, Brandon Moss, and VP of Investor Relations, Matt Tractenberg, will host in-person investor meetings. Interested investors should contact their Barclays sales representative.

September 10, 2026: Jefferies Renewables, Clean Energy, & Construction Conference in New York 
Shoals’ CEO, Brandon Moss, and VP of Investor Relations, Matt Tractenberg, will host in-person investor meetings. Interested investors should contact their Jefferies sales representative.

September 23, 2026: BNP Paribas Annual Power Up Conference in New York 
Shoals’ CFO, Dominic Bardos, and VP of Investor Relations, Matt Tractenberg, will host in-person investor meetings. Interested investors should contact their BNP Paribas sales representative.

October 5-9, 2026: UBS Non-Deal Roadshow in Europe 
Shoals’ CEO, Brandon Moss, and VP of Investor Relations, Matt Tractenberg, will participate in a non-deal roadshow in Europe hosted by UBS. Interested investors should contact their UBS sales representative.

Shoals Technologies Group | https://www.shoals.com

Rosenxt Holding USA LLC, part of the Rosenxt Group, announced the acquisition of Zupt LLC, a Houston-based specialist in subsea metrology, advanced 3D subsea inspection, offshore survey engineering along with and technologies supporting renewable offshore installations. The acquisition marks another important step in Rosenxt's long-term strategy to build an integrated portfolio of technologies and engineering capabilities for the subsea market. Following the acquisitions of Beam in 2025 and K.U.M. Umwelt- und Meerestechnik Kiel GmbH in 2026, Zupt adds complementary capabilities in subsea metrology, positioning, machine-vision-based inspection, offshore installation monitoring and systems engineering.

Together, these capabilities enable Rosenxt to provide customers with integrated, end-to-end solutions across the complete lifecycle of offshore and subsea assets, from front-end engineering design (FEED), from installation to commissioning, long-term operation, inspection and integrity assessment including monitoring, abandonment and decommissioning.

"Our ambition has always been to think decades ahead," said Hermann Rosen, Chairman of the Board at Rosenxt. "The future of subsea and offshore industries will be shaped by intelligent technologies that fundamentally change how critical infrastructure is explored, installed, inspected and operated. Zupt is another important building block in this vision. By bringing together complementary technologies and engineering expertise, we want to help redefine how operations are performed in some of the most demanding environments while increasing efficiency and creating lasting value for our customers."

Addressing today's offshore challenges

Offshore operators and installation contractors are under increasing pressure to execute subsea projects more efficiently, while facing workforce constraints, weather dependencies, increasingly stringent safety requirements and rising CAPEX and OPEX. Rosenxt develops Advanced Technological Services (ATS) that integrate cutting-edge sensing, autonomous robotics, physical AI, intelligent data analytics and engineering expertise. These technologies are designed to support informed decision-making and help customers optimize critical infrastructure operating in harsh and complex environments. Zupt complements these capabilities with advanced subsea metrology, inspection and engineering technologies that improve the accuracy and efficiency of subsea operations. Its expertise includes positioning, high-resolution 3D inspection, digital twin generation and installation monitoring.

"This acquisition supports our strategy of providing customers with integrated Advanced Technological Service solutions that combine robotics, sensing, engineering expertise and intelligent data provisions," said Chris Yoxall, CEO Realization at Rosenxt. "Customers increasingly need connected solutions rather than individual technologies. Zupt brings proprietary technologies, strong engineering capabilities and extensive operational experience in subsea energy and renewables applications. Combined with Rosenxt's existing robotics, sensing and integrity capabilities, we can provide more integrated solutions that help customers execute projects more efficiently and make better-informed decisions throughout their asset lifecycle."

Nearly two decades of subsea engineering expertise

Founded in 2005, Zupt has built a strong reputation for solving complex subsea positioning and inspection challenges through close collaboration with customers. Operating globally from its headquarters in Houston, the company supports offshore energy and renewable projects with advanced metrology, inspection and engineering services.

"For nearly twenty years, Zupt has focused on solving some of the subsea industry's most demanding marine construction and inspection challenges through innovative engineering, operational experience and close collaboration with our customers," said Keith Vickery, Founder and President of Zupt. "Becoming part of Rosenxt marks an exciting new chapter for our company, our employees and our customers. We share a strong engineering mindset and a long-term commitment to developing new technologies and applications that make offshore operations safer, smarter and more efficient. As part of Rosenxt, we will be able to accelerate innovation, expand our global reach and deliver even greater value to customers around the world while continuing to build on the trust we have earned over the past two decades.”

Expanding integrated offshore and subsea solutions

The acquisition of Zupt complements Rosenxt's existing subsea and offshore capabilities with advanced navigation, positioning and autonomy technologies. Together with Beam and K.U.M., it further strengthens Rosenxt's ability to provide integrated solutions across the lifecycle of offshore and subsea assets – from installation and commissioning through inspection, integrity management, monitoring and long-term operation.

The acquisition also strengthens Rosenxt Holding USA LLC's engineering capabilities while expanding the Group's operational footprint and customer network in North America.

The transaction has been completed with immediate effect. The financial terms of the transaction have not been disclosed.

Rosenxt | https://www.rosen-nxt.com/en

SuperPower, a platform that lets gamers earn rewards while helping bring new clean energy projects online, announced its participation in an agreement supporting the new 110 MW ThreeW Solar Project in Hill County, Texas. Ever.green, a clean energy marketplace that helps organizations participate in the energy transition, facilitated the transaction. Developed by Mitsui & Co., the project will add new renewable energy capacity to the ERCOT grid while supporting local economic development in the surrounding community.

SuperPower helped turn gamers into one of the world’s newest clean-energy buyers. Through player subscriptions, thousands of individual gamers collectively backed new renewable energy capacity using a structure (Virtual Power Purchase Agreements) normally only feasible for hyperscalers, utilities, and Fortune 500 procurement teams.

“Gaming has always been about choice: what world you enter, how you play, who you play with, and what you unlock along the way,” said Ryan Cameron, CEO of SuperPower. “SuperPower adds another choice: to make your gaming part of something bigger. Through our platform, players can earn rewards while helping bring new clean energy onto the grid. ThreeW is only the beginning. Our goal is to help gamers become a new force for clean energy.”

“Our work with SuperPower is the latest example of the innovative ways Ever.green can offer buyers of all kinds and all sizes a way to support new clean energy projects,” said Liz Pearce, Chief Revenue Officer at Ever.green. “We’re thankful to all the players who are taking part in this effort to deliver new, clean energy that supports a local Texas community.”

The 110 MW project has recently begun commercial operations and will generate approximately 280,000 MWh of clean energy annually, avoiding emissions equivalent to taking almost 30,000 cars off the road per year.* It’s strategically located on non-critical farmland, and uses low impact land management practices like sheep grazing for vegetation control.

Ever.green | https://ever.green/

SuperPower | www.getsuperpower.com

SolSource Solutions (“SolSource”) announced the expansion of Propel, its simplified prepaid third-party ownership (TPO) product for residential solar and battery storage, into Connecticut, Illinois, Massachusetts, Ohio, and Rhode Island. The expansion builds upon the recent expansion of Propel into Colorado and Pennsylvania, as well as additional markets in California and Texas. Propel allows customers to acquire solar and storage systems to reduce their escalating utility bills. Homeowners prepay a long-term energy agreement with cash or a fixed-payment loan originated through TriBeam Financial, a technology-driven point-of-sale lending platform. The Propel solution monetizes the value of tax credits for homeowners without payment escalators or hidden fees.

SolSource now has over 300 independent installers onboarded to offer Propel across the platform's active markets and expects to continue onboarding new installers as it scales.

Propel is delivered with Enphase Energy as the exclusive provider of microinverter and battery hardware and premium O&M support, Greentech Renewables for national distribution and installer support, and TriBeam Financial for point-of-sale financing.

Executive and Partner Comments

Chris Couture, CEO of SolSource Solutions, said:

“This most recent expansion marks another step forward in our continued rollout strategy for 2026. The response to Propel in existing markets tells us homeowners and installers are hungry for financing that is simple and honest. Expanding into these five new states lets us bring fixed-payment financing to these markets that monetizes tax credits with no hidden fees or additional future payment obligations.” 

Alexi Evriviades, CEO of TriBeam Financial, said:

“With the 25(D) residential ITC gone, homeowners in higher-cost energy markets have lost the easiest path to going solar affordably. Propel was built for exactly this moment. A prepaid contract with a fixed payment gives customers a low total cost of ownership from day one with the added flexibility to take full ownership of their system after year five.This expansion brings that option to markets that need it most.”

Bill Barrieau, President, Ion Solar Pros in Connecticut, said:

“Connecticut homeowners have options when going solar. Propel gives them a very good reason to say yes. The fixed monthly payment never escalates, and the pricing is fully transparent. The option to own the system after five years makes it an easy long-term decision.”

David Bridge, President, Great Sky Solar in Massachusetts, said:

“Massachusetts customers care about both value and reliability and Propel delivers on both. They get the benefit of federal tax credits and premium Enphase hardware backed by real support, with none of the dealer fees that used to complicate every quote.”

SolSource Solutions | https://www.gosolsource.com/

TriBeam Financial | https://tribeamfinancial.com/

Durham School Services celebrated another grand milestone: the deployment of 26 new electric school buses and a greener, cleaner ride to school for its drivers and the students of Duval County Public Schools (DCPS). This momentous accomplishment was recognized at a ribbon cutting event hosted by Durham School Services, a leading student transportation provider in North America, with the support of Highland Electric Fleets and DCPS. 

The 26 IC Bus Type C electric school buses, along with 26 Zerova 30kw chargers, were funded through the U.S. Environmental Protection Agency’s (EPA) Clean School Bus Program. The buses will be operated by Durham School Services and supported by Highland Electric Fleets through its Electrification-as-a-Service (EaaS) model and will begin serving the students and community this upcoming school year.

“We are excited to have these new buses on the roads contributing to a better experience and environment for our students, families, and the greater community,” said Chayla Ferguson, Director of Transportation, Duval County Public Schools. “Knowing that we can experience the benefits of electric vehicles at no additional cost to our taxpayers is a bonus.” 

According to the EPA, electrifying just one school bus eliminates as much carbon dioxide as taking four passenger vehicles off the road over its lifetime. For DCPS, that’s the equivalent to 104 cars and approximately 1,560 tons of carbon dioxide. Other benefits of electrification that have also been reported include lower greenhouse gas emissions, quieter rides for students and drivers, improved performance and behavior at school, reduced maintenance costs, and much, much more. 

“We’re excited for the opportunity to expand our fleet of electric vehicles and support a greener future for the students and communities of Duval County,” said Wayne Skinner, Senior Vice President of Fleet and Procurement, Durham School Services. “With the addition of 26 new electric-powered school buses, we’re proud to uphold a core value of our organization and strengthen the communities we serve while advancing our commitment to sustainability. It’s an honor to do so alongside our valued partner of more than 18 years, Duval County Public Schools.”

Skinner continued, “This project took a significant amount of hard work and effort from many partners and supporters. I’d like to thank everyone for their involvement and dedication to making it such a great success and priority. Congratulations to DCPS for embarking on this new journey towards a more sustainable tomorrow.”

“This project delivers meaningful benefits for both students and the district," said Brian Buccella, Chief Commercial Officer, Highland Electric Fleets. "Research shows that replacing just five diesel school buses can reduce pediatric asthma risk for approximately 1,500 students, underscoring the connection between cleaner transportation and healthier communities. For school districts, the benefits extend beyond student health. Electric school buses help lower maintenance costs and create more predictable operating expenses over the long term. We're proud to partner with Durham School Services and Duval County Public Schools to help make this transition a success." 

The ribbon cutting event took place on July 30, 2026, at Durham School Services’ transportation facility with Duval County Public School district staff and board members, Highland Electric Fleets representatives, Durham School Services leadership, and community members in attendance. After the conclusion of the event, attendees were invited to take a ride on one of the new electric buses, as well as tour the facility. 

Duval County Public Schools | www.duvalschools.org 

Highland Electric Fleets | www.highlandfleets.com

Tigo Energy, Inc. (NASDAQ: TYGO) (“Tigo” or “Company”), a leading provider of intelligent solar and energy software solutions, announced expanded eligibility for its Virtual Power Plant (VPP) program-eligible products across the Mid-Atlantic region, including Delaware, Maryland, and Virginia. This will soon be followed by New Jersey and New York. Building on existing VPP program availability in Connecticut, Maine, Massachusetts, and Puerto Rico, the expansion helps enable more homeowners with Tigo residential solar and energy storage systems to participate in utility-driven programs aimed at strengthening grid reliability while helping create new opportunities to earn incentives and maximize the long-term value of their energy assets. Beyond providing backup power and helping to increase energy independence, eligible Tigo storage systems can help homeowners participate in evolving grid services programs that reward flexible energy use while supporting a more resilient and responsive electric grid.

As utilities continue to expand programs that leverage distributed battery storage to balance electricity demand during peak periods, residential solar and energy storage systems are becoming increasingly valuable grid resources. Through intelligent energy management, Tigo VPP capabilities connect eligible systems with participating utility and aggregator programs, helping to enable homeowners to contribute stored energy to the grid when it is needed most while maintaining control over their energy usage and optimizing the return on their solar and storage investments.

“After more than a decade of experience in the solar industry, as well as installing and servicing inverter systems from most major manufacturers, we now choose Tigo equipment for the majority of our projects. We made that decision because Tigo's module-level optimized systems deliver an exceptional combination of value, performance, and long-term reliability for our customers,” said Oleg Lagoviyer, Owner of Green Revolution Solar. “Equally important, Tigo's technical support team has consistently proven to be knowledgeable, responsive, and easy to work with. The addition of the Tigo battery backup system, which integrates seamlessly with its solar platform, further strengthens our offering and positions us well to meet the growing demand for residential energy storage in the years ahead.”

The expanded eligibility builds on the expanding portfolio of Tigo products eligible for incentive programs like VPP, reflecting the Company’s commitment to delivering flexible, interoperable energy solutions that adapt to evolving utility programs and regional market opportunities. By combining intelligent energy management software, residential solar and storage technologies, Tigo helps installers deploy future-ready energy systems that can deliver value through energy production, backup power, and participation in emerging grid services programs. Participation in VPPs is subject to utility availability, regional program requirements, and customer eligibility.

“Virtual Power Plant programs are expanding the ways in which homeowners can benefit from residential battery storage, and it’s great to see Advanced-tier Tigo Loyalty Program installers like Green Revolution Solar taking note of this valuable new capability,” said JD Dillon, chief marketing and customer experience officer at Tigo. “Expanding program eligibility gives more installers the opportunity to deliver differentiated energy solutions while helping homeowners unlock additional value from their battery systems. I'm looking forward to speaking with installers from the Mid-Atlantic region about this at the upcoming RE+ show in Philadelphia.”

Tigo will showcase its latest intelligent energy management solutions, including VPP capabilities, at RE+ Mid-Atlantic, taking place in Philadelphia, PA, from August 12 – 13, 2026. Attendees are invited to visit the Tigo booth to learn how Tigo technologies help installers deploy smarter residential energy systems while enabling homeowners to participate in utility programs that support a more resilient electric grid. For more information about Tigo Energy's intelligent solar and storage solutions, visit here, and for product inquiries, contact the team here.

Tigo Energy | www.tigoenergy.com

HSP US, a Trench Group company, announced the official opening of its first U.S. manufacturing facility in Charlotte, a milestone representing a more than $60 million investment in domestic production of 25kV to 765kV high-voltage transformer bushings critical in North American power-grid modernization initiatives.

The new 170,000-square-foot HSP facility will create up to 140 manufacturing and engineering jobs in Charlotte through 2030 – nearly twice what was originally planned. There is room to more than double production capacity from the initially planned 3,500 to 10,000 bushings per year, reflecting Trench Group’s commitment to the growing North American market.

Built and operational in only one and a half years, the plant brings proven HSP’s dry-type bushing technology closer to North American customers as utilities, transformer manufacturers and large energy users respond to aging grid infrastructure and growing power needs from data centers, industrial expansion and electrification in the transportation sector.

“Power grids around the world are entering a period of rapid expansion, fueled by accelerating electricity demand, and the United States is one of the most important markets in that transformation,” said Bahadir Basdere, President and CEO of Trench Group. “With more than 130 years of high-voltage experience, Trench Group is investing in Charlotte to strengthen domestic manufacturing capacity and support customers building a more reliable, resilient U.S. energy future.”

Momentum builds for high-voltage U.S. power projects

The HSP opening arrives as the United States enters a new era of unprecedented electricity demand, with a 2026 NEMA Study projecting power demand growth exceeding 55% by 2050. To keep up, investor-owned utilities relied on by most Americans will invest $1.4 trillion by 2030 in strengthening the U.S. power grid, the Edison Electric Institute projects.

Building on Trench Group’s longtime presence in Canada, where it operates two factories, the new Charlotte facility reflects rapidly growing demand across North America, which accounted for around 50% of the company’s total order intake in the first half of 2026. Since 2024 the order intake in the North American market increased by almost 400%.

As utilities plan larger, more efficient transmission corridors, high-voltage 765 kV infrastructure is emerging as future U.S. grid backbone and important solution for moving larger amounts of power over long distances, while offering reduced line losses and greater support for fast-growing load centers. Recently, the Electric Reliability Council of Texas (ERCOT) enlisted Trench Group to support the state’s first-ever 765kV transmission-line deployment.

"As America builds out its 765kV transmission backbone, these projects require proven technology, deep engineering expertise and a partner that understands the complexity of extra-high-voltage transmission,” said Jason Neal, President Hyosung HICO, Senior Executive VP HICO America. “Having a supply partner like HSP manufacturing here on U.S. soil is a real advantage, shorter lead times, a stronger supply chain, and a more reliable grid. HSP's investment is exactly the kind of commitment our grid needs, and we're proud to build alongside them."

Charlotte’s leading role in advancing U.S. production for 765kV transmission

The Charlotte facility is one of the most advanced high-voltage bushing factories in the United States, featuring vertical integration, state-of-the art autoclaves and lathe machines, and full-scale production capabilities for manufacturing dry-type transformer bushings, including resin-impregnated paper (RIP) and resin-impregnated synthetic (RIS) technologies, from 25 kV up to 765 kV. The HSP plant also supports future demand-driven expansion into high-voltage direct current, or HVDC, applications.

In addition, the facility houses two high-voltage testing laboratories, with capacity to test bushings up to 2,800kV – one of the biggest and most powerful test fields in North America, giving customers access to domestic testing capabilities for some of the most demanding transmission environments.

“Charlotte gives HSP US the talent, scale and proximity to serve the market players reshaping North America’s power infrastructure,” said Nils von Dietman, CEO of HSP US. “With agreements in place with leading transformer OEMs and hyperscalers, we are ready to help our customers accelerate grid modernization, support AI-driven power demand and deliver long-term energy reliability with local expertise, shorter supply lines and closer technical collaboration.”

The HSP bushings manufactured in Charlotte also play an important role in Trench Group’s global 765 kV solutions portfolio, which brings together key high-voltage technologies – including bushings, instrument transformers, coils and reactors – to help reduce interface risk and support reliable performance across complex extra-high-voltage systems.

With assembly operations already underway, Trench Group expects first deliveries by the end of 2026. Once fully operational, the plant is poised to initially produce up to 3,500 HSP bushings per year.

Investing in next-generation workers and ‘Buy America’

Designed for Build America, Buy America (BABA) certification, the Charlotte facility is expected to become the first domestic producer of dry-type bushings at that voltage level, adding a domestic sourcing option for customers, including those with projects subject to domestic-content requirements.

Robert Harrington, mayor for the City of Charlotte, said: “HSP US’ investment is the kind of project that strengthens Charlotte’s position as a hub for advanced manufacturing, global business and energy innovation. This manufacturing facility is a great addition to the city, bringing new jobs, new technology and new opportunity for residents while helping to address one of the country’s most urgent infrastructure priorities: building a stronger, more reliable electric grid.”

As the company lays down roots in the region, HSP will also invest in STEM and workforce development programs that offer career pathways while building the skills needed to support long-term grid modernization. Currently, it is partnering with Central Piedmont Community College on an apprenticeship program that combines classroom instruction with hands-on training at the Charlotte facility.

Marcia Colson, Associate Vice President, Workforce and Business Development, Central Piedmont Community College, said: “Partnerships like this connect education directly to opportunity. Through our work with HSP US, students can earn while they learn, gain hands-on experience in advanced electrical manufacturing, and build careers in one of the most important infrastructure sectors of the future. This apprenticeship program supports our students, strengthens our regional workforce and helps Charlotte prepare for the next generation of energy and manufacturing jobs.”

HSP US | https://www.hsp-grid.com/en