Generac (GNRC) Wins $200M Grant From DOE for Solar Program

Generac Holdings Inc. (GNRC) recently announced that it has been granted a hefty sum of up to $200 million, spanning over five years, by the U.S. Department of Energy ("DOE"). This grant belongs to the $1 billion Puerto Rico Energy Resilience Fund (PR-ERF). By collaborating with its local project affiliates in Puerto Rico, the company aims to elevate the conditions in low-income areas suffering from frequent and extended power disruptions by supplying clean and resilient energy solutions. The program will a ...