WAUKESHA, Wis., Sept. 8, 2021 /PRNewswire/ -- Generac Power
Systems (NYSE: GNRC) today announced the formation of a new group
called Generac Grid Services. In addition, Bud Vos, currently president of Enbala Power
Networks, a Generac subsidiary, has been named president – Generac
Grid Services, and will now report to Aaron
Jagdfeld, president and chief executive officer.
Generac Grid Services will provide solutions directly to
utilities, grid operators and energy markets, leveraging products
from across the enterprise including home standby generators,
PWRcell storage systems, industrial natural gas generators and
others. This will allow Generac Grid Services to create economic
and environmental value by delivering turn-key distributed energy
assets to customers, grid operators and energy markets.
"This is another significant step toward our strategic evolution
into an energy technology and services company," said Jagdfeld.
"The future of energy is quickly changing as consumers look for
alternative ways to generate, store, and manage the power they need
to help address the challenges associated with an electrical grid
that is outdated. Generac Grid Services will enable our company to
provide an array of solutions and an entirely new value stream for
our customers."
Generac Grid Services was formed primarily through the
acquisition of Enbala Power Networks in October 2020. Enbala's Concerto software platform
is a vendor-agnostic, open solution for virtual power plants (VPP)
and distributed energy resource management systems (DERMS). With
the Concerto platform, power-generation and storage products that
might otherwise sit idle are now able to be dispatched and
orchestrated as part of a distributed energy solution, thereby
generating value for the home or business owner while also
delivering value to the energy grid.
For more information about Generac Grid Services or other
Generac products, visit www.generac.com.
About Generac
Founded in 1959, Generac is a leading
designer and manufacturer of energy technology solutions and other
power products. As an industry leader serving residential,
commercial and industrial markets, Generac's products and solutions
are available globally through a broad network of independent
dealers, distributors, retailers, e-commerce partners, wholesalers
and equipment rental companies, as well as sold direct to certain
end user customers.
Contact:
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Tami Kou
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Tami.Kou@Generac.com
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262-544-4811 Ext.
3950
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SOURCE Generac Power Systems, Inc.