US energy technology company Generac has been awarded a US$200 million grant from the Department of Energy (DOE) to deploy residential solar PV and energy storage systems in Puerto Rico.
US residential solar companies Sunrun, Sunnova and power product supplier Generac have been selected by the US Department of Energy (DOE) to install rooftop solar and battery storage systems for vulnerable households in Puerto Rico.
Sunnova Energy and Generac Power Systems are expanding their strategic partnership, with Sunnova now able to offer its customers Generac’s newly updated technology to its current suite of offerings, which will include energy storage units and for the first time, standby home generators, microinverters, and load managers.
Generac Power Systems has bolstered its presence in the microinverter segment with the launch of a new product line that it says allows homeowners to take advantage of the full potential output of solar arrays.
Power product supplier Generac upgraded its forecast for 2021 after reporting an “exceptional” set of Q2 2021 results, boosted by strong sales growth in its residential and commercial and industrial (C&I) markets.
Generac is to acquire Chilicon Power, a US-based microinverter and solar monitoring solutions provider, in a deal which will see the company take aim at the solar microinverter market.
A round-up of the latest news from the US solar market, as Duke Energy unveils what it has described as “next generation net metering” in South Carolina and more details emerge of Sunpower spin-off Maxeon’s top table.