Generac (GNRC) Boosts BESS Portfolio With PowerPlay Buyout
Generac (GNRC) ZACKS·2024-06-28 23:40
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, ...