Benzinga | Sep 21, 2021 04:23PM EDT

Generac Unveils New Solar Microinverter Solutions

* Generac Holdings Inc. (NYSE:GNRC) entered the Microinverter industry with new products. The company introduced solar microinverter solutions, Generac PWRmicros, which will be available to order and ship in early 2022.

* The new products include Generac PWRmicro 2:1, a dual-module, 720W microinverter, and the Generac PWRmicro 1:1, a single-module microinverter.

* The company launched PWRgenerator, a new type of DC generator designed to recharge PWRcell Battery rapidly.

* Generac also launched PWRmanager, a load management system for PWRcell Energy Storage System.

* Price Action: GNRC shares closed higher by 0.96% at $425.22 on Tuesday.