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 TerraFlow’s future deployment plan of up to 5 GW annually.

TerraFlow is commercializing grid-scale vanadium flow battery systems to meet growing demand for long-duration energy storage across utility, industrial, and AI data center markets. The agreement combines TerraFlow's energy storage platform with Shoals' PowerHub™, its recombiner technology. Together, the companies plan to pursue deployment that supports the growth of large-scale energy storage projects.

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