Core Insights - Generac Power Systems has been awarded a grant of up to $200 million from the U.S. Department of Energy as part of the $1 billion Puerto Rico Energy Resilience Fund to install residential solar and battery storage systems for disadvantaged households in Puerto Rico [1][6] - The installations are set to begin in August 2024, aiming to improve energy resilience for vulnerable communities that experience frequent power outages [1][6] - The initiative will also support local workforce development and job creation in Puerto Rico, enhancing the local economy [3][8] Company Overview - Generac Power Systems is a leading global designer and manufacturer of energy technology solutions, providing backup and prime power products, energy storage systems, and energy management services [4] - The company has a long history of providing reliable backup power solutions in Puerto Rico, particularly after Hurricane Maria [2] Program Details - The Programa Acceso Solar will focus on installing solar and battery systems in low-income areas and households with energy-dependent disabilities [6][7] - Local companies, including PathStone and the Interstate Renewable Energy Council, will assist in community outreach and workforce development [7] - Generac will collaborate with local contractors and businesses to ensure high-quality installations and support for residents [8]

Company Overview - Generac Holdings Inc. is a leading global designer and manufacturer of energy technology solutions and power products [1][7] - The company provides backup and prime power products, energy storage systems, energy monitoring and management devices, and other engine and battery-powered tools [7] Upcoming Financial Results - Generac plans to release its second quarter 2024 financial results before the market opens on July 31, 2024 [1] - A conference call will be held at 10:00 a.m. EST on the same day to discuss the highlights of the earnings release [1] Conference Call Details - The conference call will be webcast simultaneously on Generac's website under the Investor Relations link [2] - A replay of the webcast will be available on the company's website following the live event [6] - Access to the conference call can be obtained through a specific registration link, with dial-in information provided for those wishing to listen via telephone [5]

The conference call can be accessed at the following link: https://register.vevent.com/register/BIda289d036c8c4968881c6413359be673. Individuals that wish to listen via telephone will be given dial-in information. Generac is a leading energy technology company that provides backup and prime power products and energy storage systems for home and commercial & industrial applications, energy monitoring & management devices and services, and other engine & battery powered tools and equipment. Founded in 1959, Ge ...

Generac Holdings Inc. (GNRC) is strengthening its energy management solutions portfolio by launching its first electric vehicle (EV) charger, a level 2 charger designed for homes and businesses, demonstrating its commitment to innovation and sustainable energy solutions. Generac's L2 EV charger includes five distinct charging modes to cater to various charging needs and preferences. Furthermore, with Power Boost Technology, the charger can efficiently redirect maximum power to the vehicle without causing an ...

WAUKESHA, Wis., July 15, 2024 /PRNewswire/ -- Generac Power Systems Inc. (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced the availability of its first electric vehicle (EV) charger. This state-of-the-art level 2 charger represents another notable solution in Generac's portfolio to help people with energy management, and underscores Generac's commitment to lead the evolution to more resilient, efficient, and sustainab ...

One of the best ways to multiply your wealth every summer is by picking up some of the top hurricane stocks to buy. Unfortunately, we could see many more this season. Generac Holdings (GNRC) As noted by GeneratorSource.com, "The high winds can take down power poles and cause damage to power plants. It can take weeks and, in many cases, months before power company personnel are able to fully restore power. This is why the demand for backup power generators has become so high." Xylem (XYL) After all, accordin ...

Generac Holdings (GNRC) recently acquired a division of SunGrid Solutions Inc. — PowerPlay Battery Energy Storage Systems. PowerPlay is one of the leading providers of turnkey battery energy storage systems (BESS) solutions specifically built for commercial and industrial (C&I) initiatives up to 7 MWh. The need for energy storage solutions is driven by several key factors, including the growing adoption of distributed solar, increased electrification of C&I facilities and increasing utility rates. Moreover, ...

"This acquisition supports our commitment to offer a more complete ecosystem of products and solutions to domestic commercial & industrial customers, empowering them to achieve their energy objectives with a strong emphasis on resilience, efficiency and sustainability," said Aaron Jagdfeld, president and CEO of Generac. About SunGrid Solutions Forward-looking Information uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Any such forward-looking ...

Generac Holdings Inc. (GNRC) is continuing its upward trajectory, with a gain of 30.8% in the past year compared with the S&P 500 composite's growth of 29.1%. The sub-industry has declined 24.2% over the same time frame. Headquartered in Waukesha, WI, Generac is a leading manufacturer of backup and prime power generation systems for residential and C&I applications, solar and battery storage solutions, advanced power grid software platforms and services, energy management devices and controls, and engine an ...

Generac Holdings' (GNRC) subsidiary Mean Green has unveiled the latest addition to the commercial-grade electric mower lineup — the EVO 96. The EVO 96 is available for order at Mean Green dealers nationwide. The new mower is the largest electric zero-turn mower in the world, added the company. It is designed for efficient mowing of large areas like golf courses, parks, and sports fields. The mower can reach speeds of up to 13 mph, and the Heavy-duty Impulse Drive System ensures industry- leading performance ...