Generac To Grow Smart Grid Services With Acquisition Of Enbala Power Networks

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Earlier this month, Generac announced its acquisition of Enbala Power Networks, a leading distributed energy resources technology company. Generac says the move opens new opportunities for Generac as a grid services provider.

“We’re on the leading edge of a remarkable transformation of the electrical grid, moving from a dated and centralized power distribution model to one that will be digitized, decentralized, and more resilient,” says Generac CEO Aaron Jagdfeld. “Enbala is a proven virtual power plant and distributed energy resource management platform, and we believe their business model can be incredibly synergistic with our business.”

Creating A Distributed Energy Solution

With thousands of megawatts of residential and industrial standby power generation installed in the United States, Generac says its products can be leveraged in virtual power plant (VPP) and distributed energy resource management system (DERMS) markets. Enbala Concerto is a software platform that enables the connection of DERs to register and participate in distributed energy aggregation and control programs, so otherwise dormant backup power generation assets can come online as part of a distributed energy solution and generate revenue for the asset owner.

“Distributed generation is a critical next step for utility companies faced with meeting peak demand while also dealing with capacity constraints and regulatory restrictions,” says Jagdfeld. “Enbala and Generac will be able to harness the power of everything from solar-plus-storage systems to our own generators to help limit the need for new power plants and maintain the convenience and flexibility of diversified power production.”

Find The Right Power Systems

Generac’s transactions with Enbala is expected to close within 30 days. Feel free to browse PowerSystemsToday.com for new and used Generac power equipment, which typically includes for-sale listings for Generac stationary generators.

Source: Generac