WillScot launches Solar Power by WillScot, providing clean, reliable energy solutions for temporary spaces and reducing operating costs.
Quiver AI Summary
WillScot Holdings Corporation announced the launch of Solar Power by WillScot, a proprietary solar energy solution that provides clean and reliable power for its temporary space solutions. This innovative system allows for immediate energy production and battery storage at various locations, enhancing flexibility in powering modular spaces and storage units. The solution can operate independently or in conjunction with generators and the grid, enabling users to reduce emissions and lower costs without sacrificing efficiency. Tim Boswell, the President and COO, emphasized the company's commitment to innovation in offering customers sustainable energy options backed by a strong service network. Solar Power by WillScot is currently available at select branch locations in the U.S., with plans for future expansion.
Potential Positives
- Introduction of Solar Power by WillScot offers a pioneering power solution that integrates renewable energy with modular space solutions, enhancing sustainability and operational flexibility for customers.
- This initiative enables customers to reduce emissions and operating costs, while also saving time and resources, positioning WillScot as a leader in innovative, eco-friendly solutions within the industry.
- Expansion plans for Solar Power by WillScot signal growth opportunities for the company, potentially increasing its market share and strengthening its competitive advantage in the sector.
Potential Negatives
- The release does not provide specific details on the cost-effectiveness or performance benchmarks of Solar Power by WillScot compared to existing energy solutions, which may lead to skepticism about its promised benefits.
- There is no mention of potential challenges or limitations associated with the deployment of Solar Power by WillScot, which may raise concerns for prospective customers.
- The announcement may indicate that WillScot is reacting to competitors in the renewable energy space, suggesting they may feel pressure to innovate or differentiate their offerings, which could imply underlying market challenges.
FAQ
What is Solar Power by WillScot?
Solar Power by WillScot is a proprietary solar energy solution integrated with WillScot's temporary space solutions for clean, reliable power.
How does Solar Power by WillScot benefit customers?
It provides flexible, cost-effective energy, reduces emissions, and allows powering of temporary spaces from nearly any location.
Where is Solar Power by WillScot available?
Solar Power by WillScot is currently available at select WillScot branch locations in the U.S., with plans for expansion.
What type of energy does Solar Power by WillScot provide?
It offers solar energy production and battery storage, suitable for both standalone and hybrid power solutions.
Who can I contact for more information about WillScot?
For media inquiries, contact Juliana Welling at [email protected]; for investor inquiries, reach out to Charlie Wohlhuter at [email protected].
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$WSC Congressional Stock Trading
Members of Congress have traded $WSC stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $WSC stock by members of Congress over the last 6 months:
- REPRESENTATIVE ROBERT BRESNAHAN sold up to $15,000 on 01/13.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$WSC Insider Trading Activity
$WSC insiders have traded $WSC stock on the open market 5 times in the past 6 months. Of those trades, 3 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $WSC stock by insiders over the last 6 months:
- ERIK OLSSON sold 110,307 shares for an estimated $3,329,991
- BRADLEY LEE SOULTZ (Chief Executive Officer) has made 2 purchases buying 20,000 shares for an estimated $555,300 and 0 sales.
- TIMOTHY D BOSWELL (President & COO) purchased 5,000 shares for an estimated $145,713
- GRAEME PARKES (Chief Information Officer) sold 2,900 shares for an estimated $107,336
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$WSC Hedge Fund Activity
We have seen 215 institutional investors add shares of $WSC stock to their portfolio, and 264 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 13,608,666 shares (+164.3%) to their portfolio in Q1 2025, for an estimated $378,320,914
- BAILLIE GIFFORD & CO added 5,229,918 shares (+inf%) to their portfolio in Q1 2025, for an estimated $145,391,720
- PRICE T ROWE ASSOCIATES INC /MD/ removed 3,369,098 shares (-52.5%) from their portfolio in Q1 2025, for an estimated $93,660,924
- STATE STREET CORP added 2,637,100 shares (+79.9%) to their portfolio in Q1 2025, for an estimated $73,311,380
- VANGUARD GROUP INC added 1,924,653 shares (+11.7%) to their portfolio in Q1 2025, for an estimated $53,505,353
- BESSEMER GROUP INC removed 1,833,807 shares (-49.7%) from their portfolio in Q1 2025, for an estimated $50,979,834
- MAVERICK CAPITAL LTD removed 1,741,065 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $48,401,607
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$WSC Analyst Ratings
Wall Street analysts have issued reports on $WSC in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Morgan Stanley issued a "Overweight" rating on 04/16/2025
To track analyst ratings and price targets for $WSC, check out Quiver Quantitative's $WSC forecast page.
Full Release
PHOENIX, June 04, 2025 (GLOBE NEWSWIRE) -- WillScot Holdings Corporation (“WillScot” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary space solutions, announced Solar Power by WillScot, a proprietary power solution that redefines how energy is delivered —bringing clean, reliable power to virtually any site, and unlocking new possibilities for how and where people work. Solar Power by WillScot was designed to provide immediate energy production and battery storage wherever WillScot’s temporary space solutions are deployed. A video highlighting Solar Power by WillScot can be viewed here .
Solar Power by WillScot is the first solar energy solution purpose-built for and fully integrated with WillScot’s modular space and storage solutions — delivering clean, quiet, and scalable power wherever it is needed. Whether used as a standalone energy source or in combination with generators or the grid, this innovative power and battery solution gives people the flexibility to power their space or storage solutions sustainably, while reducing costs relative to comparable power generation and storage alternatives, and without compromising efficiency or comfort.
Tim Boswell, President and Chief Operating Officer, commented, “At WillScot, we have a long history as the leading innovators in our industry, providing turnkey space solutions for our customers, and helping them mobilize their projects right from the start.” Boswell added, “With our Solar Power by WillScot offering, customers can power their temporary space from nearly any location, reduce emissions, lower operating costs, and save valuable time and resources, all supported by our best-in-class local service network.”
Solar Power by WillScot is available now in select WillScot branch locations in the U.S. with plans for expansion to additional markets.
About WillScot
Listed on the Nasdaq stock exchange under the ticker symbol “WSC,” WillScot is the premier provider of highly innovative and turnkey space solutions in North America. The Company’s comprehensive range of products includes modular office complexes, mobile offices, classrooms, temporary restrooms, portable storage containers, protective buildings, and climate-controlled units, and clearspan structures, as well as a curated selection of furnishings, appliances, and other supplementary services, ensuring turnkey solutions for its customers. Headquartered in Phoenix, Arizona, and operating from a network of approximately 260 branch locations and additional drop lots across the United States, Canada, and Mexico, WillScot’s business services are essential for diverse customer segments spanning all sectors of the economy.
Additional Information and Where to Find It
Additional information can be found on the company's website at www.willscot.com .
| Contact Information | |
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Media inquiries:
Juliana Welling [email protected] |
Investor inquiries:
Charlie Wohlhuter [email protected] |
Solar Power by WillScot
Work your next project from nearly any location, Right From the Start, with Solar Power by WillScot: a customizable source of energy for temporary space. Deploy Solar Power by WillScot at your jobsite for convenience, flexibility, and sustainability.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/62ee11a1-154c-4b03-b7f7-c7ca40b78f77
