- Generac Holdings Inc. (NYSE:GNRC) subsidiary Generac Grid Services has secured a multi-year contract from Arizona Public Service (APS) to deliver additional grid capacity from residential battery storage systems.
- The agreement leverages Generac Grid Services’ Concerto distributed energy resource management system (DERMS) to provide the requested capacity and advanced grid services (AGS).
- Generac Grid Services will begin to aggregate residential energy from Generac PWRcell batteries over a 5-year term, beginning in January 2023.
- Generac Grid Services will leverage its dealer network to identify and recruit residential customers to participate in the DDSR Aggregation Tariff.
- Price Action: GNRC shares are trading lower by 1.55% at $267.96 on the last check Tuesday.
Akili Q3 Sales $82.00K Beat $50.00K Estimate
Akili (NASDAQ:AKLI) reported quarterly sales of $82.00 thousand which beat the analyst consensus estimate of $50.00 thousand by 64.00 percent.
