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Generac Expands Energy System Offerings with Level 2 EV Charger
Prnewswire· 2024-07-15 11:30
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 ...
3 Wealth-Multiplying Stocks to Snag This Summer
Investor Place· 2024-07-11 15:17
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 (GNRC) Boosts BESS Portfolio With PowerPlay Buyout
ZACKS· 2024-06-28 15:40
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, ...
Generac Expands Energy Storage Solutions with Acquisition
Prnewswire· 2024-06-27 11:45
"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 (GNRC) Rises 30.8% in a Year: Will the Rally Continue?
zacks.com· 2024-05-23 14:35
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's (GNRC) Subsidiary Mean Green Launches Electric Mower
zacks.com· 2024-05-21 17:26
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 ...
Mean Green Introduces the World's Largest Electric Zero-Turn Mower
prnewswire.com· 2024-05-20 11:30
Mean Green Introduces the World's Largest Electric Zero-Turn MowerMean Green Introduces the World's Largest Electric Zero-Turn Mower The EVO 96 is the first wide-area lithium-powered commercial electric mower to feature a 96" mulching rear discharge deck with electronic folding wings that reduce the mower's width to 72.5" for easy loading and transport. The deck also includes baffles that result in 80% of grass clippings being mulched and 20% being discharged out the rear of the deck, creating a clean and e ...
Generac Expands Responsibilities of Shree Dandekar to Lead Corporate Engineering and Product Management
Prnewswire· 2024-05-13 11:30
WAUKESHA, Wis., May 13, 2024 /PRNewswire/ -- Generac Power Systems (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced that Shree Dandekar, executive vice president of Corporate Engineering at Generac, will assume leadership responsibilities for Corporate Engineering and Product Management. Dandekar will report to Generac president and CEO Aaron Jagdfeld. He replaces Patrick Forsythe, Chief Technical Officer, who will be ...
Generac Powers Ahead on the Electrification Mega-Trend
MarketBeat· 2024-05-08 15:43
Key PointsGenerac owns a 70% market share in the backup power generation industry.Generac will gain from mega-trends like the Grid 2.0, clean energy, climate change, and the home as a sanctuary.Q1 2024 gross profit margins improved to 35.6%, up from 30.7% in the year-ago period, attributed to lower input costs, favorable sales mix, and production efficiencies.5 stocks we like better than GeneracGenerac Holdings Inc. NYSE: GNRC is attempting to recover from its Q1 2024 earnings selloff. The computer and tech ...
Generac (GNRC) - 2024 Q1 - Quarterly Report
2024-05-07 20:09
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-34627 GENERAC HOLDINGS INC. (Exact name of registrant as specified in its charter) Delaware 20-5654756 (State or ...