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Acquisitions Mergers 1025 Dreamstime Andrey Popov 60e46f37edeb8

Generac Buys Manufacturer of Microinverters and Monitoring Solutions

July 6, 2021
The acquisition is Generac's latest move in the renewables market.

Generac Holdings Inc., Waukesha, WI, acquired Chilicon Power, a Los Angeles-based designer and provider of grid-interactive microinverter and monitoring solutions for the solar market. The deal bolsters Generac’s position in the residential energy technology market.

According to the press release, California-based Chilicon’s unique approach to power inversion and monitoring technology maximizes PV production, lowers installation costs, and allows for easy integration of a battery or a generator, providing tremendous flexibility for installers and end-users.

“Adding Chilicon’s robust microinverter solutions alongside Generac’s current PWRcell solar and storage product offerings will create one of the broadest product offerings in the residential clean energy market,” said Russ Minick, Generac’s president of Energy Technology and chief marketing officer. “Putting Chilicon’s microinverters in the hands of our global network of Generac dealers and distributors will strengthen our competitive position in this rapidly expanding market.”

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