Generac Power Systems announced a strategic minority investment in Rolling Energy Resources, a provider of electric vehicle load management software used by utilities and electric vehicle owners to monitor, control and optimize charging. RER and Generac Grid Services are currently working together to provide utilities and consumers with EV load management solutions for charge monitoring, behavioral demand response, and automated smart charging through direct-to-vehicle communications. These capabilities, in conjunction with Generac Grid Services’ industry-leading Virtual Power Plant and Distributed Energy Resource Management System platform, Concerto, provide a comprehensive solution for utilities to address the growing challenge to the electrical grid resulting from the rapid growth in EVs. As a part of the investment, a member of the Generac executive team will join the RER board of directors. The investment closed on March 3rd, 2023.
Published first on TheFly
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