WAUKESHA, Wis., Oct. 21, 2024 /PRNewswire/ -- Generac Holdings, Inc. (NYSE: GNRC ), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced the company has been selected to enter into negotiations by the Department of Energy (DOE) to receive an award for a grant of $50 million as part of the DOE's Grid Resilience and Innovation Partnership (GRIP). Established by the Bipartisan Infrastructure Law, the Grid Resilience and Innovation Partnerships (GRIP) Program is a $10.5 billion investment to enhance grid flexibility, improve the resilience of the power system against extreme weather, and ensure American communities have access to affordable, reliable, energy when and where they need it.