Generac (GNRC) Wins $200M Grant From DOE for Solar Program
GNRCGenerac (GNRC) ZACKS·2024-07-18 22:46

Generac Holdings Inc. (GNRC) recently announced that it has been granted a hefty sum of up to 200million,spanningoverfiveyears,bytheU.S.DepartmentofEnergy(DOE).Thisgrantbelongstothe200 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). Through the PR-ERF's Programa Acceso Solar (Solar Access Program), Generac will fuel the installation of residential solar and battery storage systems for underdeveloped Puerto Rican households, with installations commencing in August 2024.By collaborati ...