Generac Holdings acquires PowerPlay Battery Energy Storage Systems to enhance commercial and industrial solutions.

From Nasdaq: 2024-06-28 10:37:00

Generac Holdings acquired PowerPlay Battery Energy Storage Systems from SunGrid Solutions Inc., enhancing its offerings for commercial and industrial energy storage solutions up to 7 MWh. These systems help businesses build sustainable on-site energy systems, supporting a resilient, efficient, and sustainable energy environment. The deal closed on Jun 26, 2024, with the terms remaining undisclosed. Generac continues to strengthen its position in the energy storage market, with recent innovations like ecobee’s grid resiliency program and Mean Green’s upgraded electric mower lineup.
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Read more at Nasdaq: Generac (GNRC) Boosts BESS Portfolio With PowerPlay Buyout