/C O R R E C T I O N -- CPower Energy/
/C O R R E C T I O N -- CPower Energy/ |
| [07-April-2026] |
In the news release, Generac and CPower Expand Access to DER Technologies to Support Resiliency, Energy Costs and Grid Capacity, issued 07-Apr-2026 by CPower Energy over PR Newswire, we are advised by the company that edits have been made to the release. The complete, corrected release follows: Generac and CPower Expand Access to DER Technologies to Support Resiliency, Energy Costs and Grid CapacityThe collaboration combines Generac's industry-leading DER solutions platform with CPower's industry-leading VPP/DR services, creating a first-to-market solution to support customers in North America's largest electricity market. WAUKESHA, Wis. and BALTIMORE, April 7, 2026 /PRNewswire/ -- Generac Holdings Inc. (NYSE: GNRC), a leading global designer and manufacturer of power generation and energy storage products and solutions, and CPower Energy ("CPower"), a leading Virtual Power Plant (VPP) platform, today announced a collaboration to support commercial and industrial (C&I) customers across PJM, North America's largest grid, by leveraging distributed generation to achieve greater resiliency and demand response outcomes at a time when soaring electricity demand is pushing power prices to historic highs.
The collaboration pairs Generac's equipment and industrial dealer network with CPower's wholesale market program access and demand response expertise to deploy distributed generation solutions across PJM, including battery energy storage systems, generators and microgrids. Leveraging solutions from Generac and CPower, C&I customers can participate in capacity, ancillary services, energy and on-bill programs, creating a new source of recurring energy revenue and savings for their facilities. "Generac's comprehensive C&I product portfolio and competitive lead times and CPower's market expertise provide customers with a unique opportunity to quickly capitalize on PJM's prices to improve their resiliency and energy savings outcomes," said Erik Wilde, EVP and President, Domestic C&I at Generac. "The ability to combine multiple asset types, such as a generator plus a battery, further optimizes economic dispatch and operational resilience." "By working with CPower and Generac, C&I customers in PJM can more easily turn distributed generation assets into flexible energy assets that add value to the grid," said Glenn Bogarde, Chief Sales and Marketing Officer, CPower. "Beyond earning demand response revenue, customers can generate on-bill savings and reduce capacity charges by lowering electricity use when demand peaks." This collaboration, the latest in a series of investments Generac has made to scale its C&I business, reinforces the company's mission to lead the evolution toward more resilient, efficient and sustainable energy solutions. With 6.7 GW of customer capacity across more than 23,000 sites nationwide, CPower turns flexible energy into revenue for large energy users and developers, owners and operators of distributed energy projects, leveraging all types of energy assets in demand response and energy flexibility programs across the country. To learn more about Generac Power Systems, please visit www.generac.com. To learn more about C Power, please visit www.cpowerenergy.com About Generac About CPower
SOURCE CPower Energy | ||
Company Codes: NYSE:GNRC |
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