Generac Holdings Inc. Expands Energy Storage Collaboration with CPower Energy
Generac Holdings Inc. (GNRC) has partnered with CPower Energy to expand its energy storage solutions for commercial and industrial customers in PJM. The collaboration aims to enhance grid resiliency and demand response, creating new revenue streams. Canaccord Genuity raised its price target for GNRC to $300, citing improved financial outlook.
Tickers: $GNRC
Topics: commercial and industrial energy solutions energy storage partnership recurring revenue sustainable energy