Generac doubles down on US energy storage with reorganised energy tech division

Facebook
Twitter
LinkedIn
Reddit
Email
Generac's PWRCell was launched in the US last January. Image: Generac

US power product supplier Generac is to unite a number of recently-acquired companies to establish a new energy storage business arm.

The new organisation will combine three companies Generac acquired last year, Pika Energy, Enbala Power Technologies, and Neurio Technology, with Generac’s existing connectivity business to create a combined Energy Technology (ET) division. Generac’s chief marketing officer, Russ Minick, has been named the new entity’s president, vice president of global engineering Patrick Forsythe will become ET’s chief technological officer, and Steve Goran, Generac’s vice president of global corporate development, will serve as chief strategy officer, tasked with exploring future business opportunities and ventures.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Wisconsin-headquartered Generac completed the acquisition of Pika Energy, a manufacturer of behind-the meter battery storage technologies based in Maine, last April. Aaron Jagdfeld, chairman and chief executive of Generac, said at the time Pika's integrated battery storage solutions would give the power equipment manufacturer “a considerable edge” as it expands its presence in the fast-growing energy storage sector in the US. Generac had previously announced its purchase of home intelligence technology firm Neurio in February 2020.

Following the acquisitions, Generac formed a strategic partnership with residential solar panel installer Momentum Solar to provide energy storage systems as part of Momentum’s product offering. Generac released a new EX lithium-ion battery module in October, and in the same month, announced it would also acquire Enabla Power, which specialises in distributed energy resources.

The new organisation and appointments, Jagdfeld said, signal the company’s “commitment to leading the energy management industry of the future.”

“Along with the board of directors, I congratulate Steve, Patrick, and Russ on their new leadership roles and look forward to the continued growth I know they will help us achieve.”

3 June 2025
Messe Stuttgart Stuttgart, Germany
Meet battery manufacturers, suppliers, engineers, thought leaders and decision-makers for a conference and battery tech expo focused on the latest developments in the advanced battery and automotive industries. Stay plugged in for all the latest information on The Battery Show Europe 2024 including: Keynote Speakers & Conference Overview Show Features Floor Plan & Exhibitor News Travel & Transport information

Read Next

November 25, 2024
Philippines president Ferdinand Marcos Jr attended as construction began on what is thought to be the world’s largest power plant to combine solar PV and battery storage.
November 8, 2024
In Q3 2024, Sunrun added 230MW of solar PV capacity and 336MWh of storage, both a double-digit increase from the previous quarter.
October 1, 2024
In Western Australia’s Gascoyne region, Exmouth will run on 80% solar PV-derived renewable energy via a 20-year power purchase agreement (PPA) between Pacific Energy and Horizon Power, the state’s energy provider.
September 27, 2024
Meridian Energy, a New Zealand state-owned energy company, has been granted consent to develop a 120MW solar PV project in Tai Tokerau Northland.
September 20, 2024
Non-profit organisation Climate Council has signalled that Australia, the global leader in rooftop solar PV installations, could add a further 26.4GW by the end of the decade, bringing its total to 49.4GW.
September 13, 2024
AMEA Power is set to build one of Africa’s largest solar PV projects in Egypt, with a generation capacity of 1GW, after signing several PPAs.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 17, 2025
London, UK
Solar Media Events
February 19, 2025
Tokyo, Japan
Solar Media Events
March 11, 2025
Frankfurt, Germany