WAUKESHA, Wis., Sept. 23, 2019 /PRNewswire/
-- Generac Power Systems (NYSE:GNRC), the market leader
in residential backup power systems, has announced its move into
Clean Energy. The company that single-handedly created the
billion-dollar home standby generator market will now draw on its
best-in-class technology and extensive engineering expertise to
offer a complete ecosystem of new energy storage and management
products.
Following the acquisitions of Neurio Technology, Inc., a maker
of innovative home energy management systems, and Pika Energy,
Inc., a manufacturer of advanced residential and commercial solar
energy storage systems, Generac will design, manufacture, market
and sell environmentally-responsible solar energy storage systems
and home energy management tools.
Generac is poised to earn the upper hand in the residential
solar energy storage marketplace with its new array of Clean Energy
solutions and its capacity to leverage a successful omnichannel
market development strategy. Customers will immediately benefit
from Generac's proven ability to consult with the homeowner and
fully serve the customer from product installation to home energy
management solutions.
"As a market innovator and long-time authority in backup power
generation, we've built a strong business with our residential,
commercial and industrial customers thanks to deep category
knowledge," says Generac Chief Marketing Officer and Clean Energy
business leader Russ Minick. "This
next step into clean energy, energy storage and energy management
will deliver greater value to our customers and will generate new
value for our shareholders."
During North America Smart Energy Week at Solar Power
International 2019, Generac will unveil its fully integrated line
of solar power storage and home energy management products to show
attendees a bright future with Generac Power Systems.
"We're bringing a professional infrastructure, manufacturing
capability, and highly-regarded product reliability to the solar
power energy storage industry," says Minick. "We are committed to
expanding the market for clean energy products and bringing these
important technologies into the mainstream."
"The Clean Energy business represents a significant investment
in the future of our company," adds Aaron
Jagdfeld, Chairman, President and CEO of Generac. "Emergency
backup power is our core business, but we believe storage and
energy management represent the next step for Generac."
New products include:
- PWRcell Storage System: PWRcell is the most fully
integrated solar storage solution available, and offers the most
efficient, flexible, and powerful all-in-one storage platform. The
system offers 8kW of continuous power, and 12kW surge capacity to
start heavy loads such as air conditioners. Unique DC-coupled
technology charges and discharges the batteries at more than 96%
efficiency. Better efficiency means more energy is available for
use by the system owner. The easily configurable battery platform
is scalable from 8.6kWh up to 34.2kWh, and can be expanded at any
time to meet any budget or requirement. Integrated PWRview energy
monitoring technology provides powerful insights to enable better
energy use decisions. And the fully integrated hardware streamlines
installation and use for a better ownership experience.
- PWRview Home Energy Monitor and App: The Generac PWRview
is a standalone home energy monitoring system that provides
powerful insights into home energy use. Through the PWRview app –
available for all iPhone and Android devices – users get a
real-time snapshot of how energy is used in the home, and what that
energy costs. Over time, PWRview creates an energy profile of the
home, giving users better information to make decisions on their
own energy usage. PWRview is integrated into PWRcell, immediately
allowing users to optimize how they use the power stored in the
PWRcell batteries.
- SnapRS: Generac SnapRS is an inline PV rapid-shutdown
device thats works with PWRcell and PV Link to make PV
installations strong and safe. This patented device is an ultra
reliable solution for NEC 2017/2020 690.12 rapid shutdown
compliance. With zero moving-parts on board, SnapRS makes
module-level rapid shutdown easy and robust.
- PV Link Substring Optimizer: Generac PV Link works with
PWRcell and SnapRS to create flexible and easy to install solar
arrays. Able to control up to nine PV modules each, PV Link and
SnapRS drastically reduces the amount of complex power-electronic
hardware needed to install rapid-shutdown compliant PV arrays.
Generac Clean Energy products will be available through the
company's many distribution partners. For more information about
the clean energy business, products, or the Generac family of
brands, visit generac.com.
CONTACT INFORMATION:
To schedule a tour of Generac's
booth at SPI, #7147, please contact Ryan
Fitzgerald at rfitzgerald@punch-pr.com or 414-335-8312. The
company is exhibiting products and giving booth tours at booth
#7147, and will also have products and staff at #3514. Media are
also welcome to attend a cocktail reception at SPI on Tuesday, Sept. 24, at 3:30
p.m. at booth #7147.
About Generac
Generac Power Systems, Inc. (NYSE: GNRC)
is a leading global supplier of backup power and prime power
products, systems, engine-powered tools, and solar energy storage
systems. In 1959, our founder was committed to designing,
engineering and manufacturing the first affordable backup
generator. Sixty years later, the same dedication to innovation,
durability and excellence has resulted in the company's ability to
expand its industry-leading product portfolio into homes and small
businesses, on job sites, and in industrial and mobile applications
across the globe. Generac offers single engine backup and prime
power systems up to 2 MW and paralleled solutions up to 100 MW, and
uses a variety of fuel sources to support power needs for our
customers. Generac hosts Power Outage Central, the definitive
source of U.S. power outage data, at
Generac.com/poweroutagecentral. For more information about Generac
and its products and services, visit Generac.com.
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SOURCE Generac Power Systems, Inc.