The latest quotes on product and industry trends from our executive team.
Positioned for the Future
“Generac is well positioned to be a key player in the clean energy market,” said Aaron Jagdfeld, chief executive of generator manufacturer Generac Holdings Inc. “The company’s expertise in power generation combined with the technologies under development will be used to modernize the way consumers will generate, store and consume their own power. This in turn will create the opportunity for significant energy cost savings while also providing potential relief from increasing power outages.”
Changing Energy Landscape
“Our move into clean energy technologies such as energy storage is a natural next step for Generac,” said Aaron Jagdfeld, chief executive of generator manufacturer Generac Holdings Inc. “We believe the energy landscape will change dramatically over the next decade as utility rates continue to rise, the grid continues to be less stable, and regulations driving renewable energy continue to increase.”
Going Beyond Emergency Power
“We had been thinking about what do we do beyond this emergency power approach in all of our businesses,” said Russ Minick, chief marketing officer and head of the clean-energy product division. “How power is delivered to homes and businesses in the United States is going through quite a revolution now,” he said. “The original (concept of building) a giant coal-burning power plant and running wires everywhere is quickly being replaced by natural gas as the fuel. But (experts) call it the ‘bridge fuel,’ because the renewables are coming in.”