Generac Expands Energy Storage Solutions with PowerPlay Acquisition

Generac Power Systems, a leading global designer, manufacturer and supplier of power technology solutions and other energy products, has acquired PowerPlay Battery Energy Storage Systems, a division of SunGrid Solutions Inc., an engineering, procurement and construction company focused on energy storage. PowerPlay specializes in providing turnkey battery energy storage solutions for commercial and industrial projects up to 7 MWh.

“This acquisition supports our commitment to offering residential, commercial and industrial customers a more complete ecosystem of products and solutions, enabling them to achieve their energy goals with a focus on resilience, efficiency and sustainability,” said Aaron Jagdfeld, president and CEO of Generac.

“We are incredibly proud of PowerPlay and the talented team behind its success. This acquisition by Generac is a testament to the innovative spirit and dedication at SunGrid,” said SunGrid CEO Jody Snodgrass. “Our commitment to advancing the battery energy storage industry has played a key role in developing the PowerPlay product portfolio, and we are excited that Generac recognizes its value and future success. This strategic move allows SunGrid to increase its focus on our utility-scale EPC business, driving growth and innovation.”

Battery energy storage systems enable energy to be stored in a variety of ways for later use. Various factors contribute to the need for energy storage, including the use of distributed solar power, increased electrification of C&I facilities, rising utility rates, and the possibility that the central grid may be subject to fluctuations due to weather, power outages, or lack of infrastructure. Battery systems are essential for C&I companies to build a resilient, efficient, and sustainable on-site distributed energy system. BESS systems up to 7 MWh are commonly deployed in C&I companies, including retail stores, restaurants, office buildings, manufacturing plants, and healthcare facilities.

PowerPlay operations will continue in Cambridge, Canada, and will serve as a dedicated R&D facility for Generac’s C&I BESS solutions. SunGrid Solutions will continue its EPC energy storage operations in the United States and Canada, specializing in solutions from 10 MWh to 1 GWh.

The transaction closed on June 26. Terms of the agreement were not disclosed.