Waukesha-based Generac Acquires Chilicon, A Solar Power Tech Company

by jsonline.com posted 3weeks ago 20 views
Chilicon specializes in advanced technology microinverter systems — technology installed underneath solar panels to convert the power from DC to AC. : Waukesha-based Generac has leaned into clean energy over the past few years and recent investments reflect a desire to be "part of the solution and part of the future versus trying to defend the past," said Russ Minick, chief marketing officer. Generac did not disclose terms of the sale, but Minick said the price was slightly higher than the company paid for another solar company, Pika Energy, which was around $49 million.

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