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Founded by Robert Kern in 1959, the company soon began producing portable generators for Sears, Roebuck and Co. under the Craftsman brand. During the 1970s, Generac expanded its offerings in the portable and recreational vehicle markets, and in the 1980s the company entered the commercial and industrial markets with its backup power generation systems.
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The free-piston engine linear generators can be divided in 3 subsystems: [1] [2] One (or more) reaction section with a single or two opposite pistons; One (or more) linear electric generator, which is composed of a static part (the stator) and a moving part (the magnets) connected to the connection rod.
Between 2016 and 2020, the company spent $1.8 billion into expanding its rental fleet. [23] The company invested between $525 and $575 million into its rental fleet in 2021, [26] and over $1 billion in 2023. [27] During this time, the company's revenue and earnings have increased. Its yearly earnings increased by 28% in 2021, [23] and by 35% in ...
This included the 1,300 MW Cottonwood natural gas plant (1.3 GW), the 1,500 MW Big Cajun II coal and gas-fired plant (1.5 GW), and three other gas-fired peaking plants. [19] In August, NRG Yield changed its name to Clearway Energy and began trading under the new name and ticker symbol (CWEN and CWEN.A) in the New York Stock Exchange on ...
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