Welcome to our dedicated page for Generac Hldgs news (Ticker: GNRC), a resource for investors and traders seeking the latest updates and insights on Generac Hldgs stock.
Generac Holdings Inc. (NYSE: GNRC) is a total energy solutions company that regularly issues news and updates about its power generation equipment, energy storage systems, energy management devices and solutions, and other power products. Company announcements often highlight developments across its residential, light commercial, data & telecom, and industrial markets, reflecting Generac’s role in backup and prime power applications.
News about Generac frequently covers power outage preparedness and seasonal planning. The company publishes guidance around events such as National Preparedness Month and cold weather seasons, encouraging homeowners to assess their power needs, consider backup power options like portable and home standby generators, and build emergency kits. These releases connect Generac’s products to real-world grid reliability and severe weather challenges.
Investors following GNRC can also expect earnings releases and financial updates, often furnished via Form 8-K, where Generac reports quarterly results and discusses metrics such as Adjusted EBITDA, Adjusted Net Income, Free Cash Flow, and Core Sales. Additional news items describe expansions of the company’s commercial and industrial manufacturing footprint, including facilities that support large-megawatt generators for data centers and other sectors requiring substantial backup power.
Generac’s news flow may also feature product launches in areas like clean energy and outdoor power equipment, including innovations in microinverters, energy storage systems, and professional-grade equipment from brands such as DR Power Equipment, a Generac Power Systems company. For readers tracking GNRC, this news page provides a centralized view of the company’s operational updates, preparedness campaigns, product introductions, and financial disclosures over time.
Generac Power Systems (NYSE: GNRC) has introduced the PWRgenerator, a novel DC generator aimed at enhancing energy independence for homeowners. This device complements the PWRcell Battery by enabling rapid recharging and creating a residential nano-grid with solar and battery storage systems. PWRgenerator operates quietly on natural gas or LP and is part of a Smart Grid Ready framework that allows customers to participate in virtual power plant programs. Set for release in early 2022, the PWRgenerator promises efficiency and reliability, especially during outages.
Generac Power Systems (NYSE: GNRC) announced the launch of PWRmanager, a new load management system designed for its PWRcell Energy Storage System. This innovation allows homeowners to manage power distribution during outages by controlling which circuits receive energy. PWRmanager enhances battery runtime and integrates seamlessly with existing systems, requiring no new load panel for installation. Priced competitively, it automates control of numerous circuits and is aimed at improving user comfort during power outages. It will be available for purchase starting Spring 2022.
On September 21, 2021, Generac Power Systems (NYSE: GNRC) announced the launch of PWRmicros, innovative solar microinverters that optimize solar energy output. The lineup includes the PWRmicro 2:1, a dual-module, 720W microinverter, and the PWRmicro 1:1, a single-module unit. These products improve energy efficiency, allowing homeowners to maximize solar production without clipping output. Set for early 2022 availability, PWRmicros aim to simplify installation for solar professionals, establishing Generac's leadership in the solar technology market.
Generac Holdings to Acquire Tank Utility
Generac Holdings Inc. (NYSE: GNRC) has announced the purchase agreement to acquire Tank Utility, a provider of IoT propane tank monitoring solutions. This acquisition aims to enhance Generac’s energy management offerings, leveraging Tank Utility’s advanced monitoring capabilities. With anticipated closing in October 2021, Generac expects this move to bolster its market position and provide added value to its dealers and customers, especially in off-grid applications and backup power solutions.
Generac Holdings Inc. (NYSE: GNRC) announced a virtual webcast for its 2021 Investor Day, scheduled for September 29, 2021. The event will feature President and CEO Aaron Jagdfeld alongside the management team discussing key strategic priorities and growth opportunities. The live presentation begins at 9:30 a.m. EDT and is expected to conclude by 1:30 p.m. EDT. Interested parties can register for the webcast and access presentation slides through Generac's website.
Generac Power Systems and Enchanted Rock announced a 5-year collaboration to develop advanced natural gas generators and control systems. This partnership aims to enhance power resiliency solutions across the U.S., utilizing Generac's technology to support Enchanted Rock's ultra-low emissions Dual Purpose Microgrids. These microgrids provide reliable backup power and assist electric grid operators in adopting renewable energy. The new generator units will be produced in Generac's Oshkosh, Wisconsin facility, ensuring high-quality and efficient power solutions.
Generac Power Systems (NYSE: GNRC) announced the creation of Generac Grid Services, focusing on providing energy solutions to utilities and energy markets. Bud Vos, former president of Enbala Power Networks, will lead this new group. This initiative aims to deliver economic and environmental value by utilizing Generac's diverse energy products, including home standby generators and storage systems. The formation builds on the October 2020 acquisition of Enbala Power Networks, enhancing Generac's capabilities in distributed energy solutions.
Generac Holdings Inc. (NYSE: GNRC) announced the acquisition of Apricity Code Corporation, an engineering firm from Bend, Oregon, specializing in energy-related product design. This strategic acquisition aims to enhance Generac's energy technology portfolio and expedite market entry for its Clean Energy and Grid Services solutions. Apricity's expertise includes developing a smart water heater disconnect switch utilized in demand response programs. Financial terms of the deal were not disclosed.
Generac Holdings (NYSE: GNRC) announced its acquisition of Off Grid Energy Ltd, a UK-based designer and manufacturer of industrial-grade mobile energy storage systems. This strategic purchase aims to enhance Generac's portfolio in energy storage solutions, catering to various sectors, including construction and EV charging. CEO Aaron Jagdfeld emphasized the synergy between Off Grid Energy's offerings and Generac's advanced generator technology, positioning the company for accelerated growth in the distributed energy market. Financial terms of the deal were not disclosed.
Generac Power Systems (NYSE: GNRC) announced its home standby and commercial generators, along with PWRcell solar + battery storage systems, are now Smart Grid Ready. This upgrade allows customers to sell power back to the grid, enhancing energy cost savings. Through the Enbala Concerto platform, these systems become distributed energy resources (DERs) that can help stabilize the grid and create virtual power plants. Existing customers will receive a firmware update to access these new capabilities, ensuring a seamless integration of energy assets.