
Pika Energy
Founded Year
2010Stage
Acquired | AcquiredTotal Raised
$11MAbout Pika Energy
Pika Energy is a manufactures solar-plus-storage solutions for residential and commercial renewable energy markets. The Pika Energy Island is a complete home energy storage platform that connects solar PV, smart batteries, loads, and the grid.
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Expert Collections containing Pika Energy
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Pika Energy is included in 4 Expert Collections, including Smart Cities.
Smart Cities
2,130 items
Renewable Energy
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Companies in the Renewable Energy space, including solar, wind, hydro, geothermal, and nuclear energy providers, as well as related software developers.
Grid and Utility
1,675 items
Companies that are developing and implementing new technologies to optimize the grid and utility sector. This includes, but is not limited to, distributed energy resources, infrastructure security, utility asset management, grid inspection, energy efficiency, grid storage, etc.
Energy Storage
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Companies in the Energy Storage space, including those developing and manufacturing energy storage solutions such as lithium-ion batteries, solid-state batteries, and related software for battery management.
Pika Energy Patents
Pika Energy has filed 13 patents.
The 3 most popular patent topics include:
- electric power conversion
- electrical engineering
- electronic circuits

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
8/14/2019 | 8/16/2022 | Electric power conversion, Electrical engineering, Electronic circuits, Analog circuits, Solid state switches | Grant |
Application Date | 8/14/2019 |
---|---|
Grant Date | 8/16/2022 |
Title | |
Related Topics | Electric power conversion, Electrical engineering, Electronic circuits, Analog circuits, Solid state switches |
Status | Grant |
Latest Pika Energy News
Nov 1, 2023
By Share Town of Genesee-based Generac is approaching the end of a months-long backlog for its flagship product, the home standby generator. Following rapid increased demand for home standby generators in 2021 and 2022, Generac increased production. However, the company’s network of installers couldn’t keep pace, which led to the backlog. During the company’s third quarter earnings Want to Read the Entire Article? Become a BizTimes Insider today and get immediate access to our subscriber-only content and much more. Ashley covers startups, technology and manufacturing for BizTimes. She was previously the managing editor of the News Graphic and Washington County Daily News. In past reporting roles, covering education at The Waukesha Freeman, she received several WNA awards. She is a UWM graduate. In her free time, Ashley enjoys watching independent films, tackling a new recipe in the kitchen and reading a good book. ABOUT US FOLLOW US Copyright ©2023 BizTimes Media, LLC. All Rights Reserved. Town of Genesee-based Generac is approaching the end of a months-long backlog for its flagship product, the home standby generator.Following rapid increased demand for home standby generators in 2021 and 2022, Generac increased production. However, the company’s network of installers couldn’t keep pace, which led to the backlog.During the company’s third quarter earnings call, Aaron Jagdfeld , chief executive officer of Generac, said the company expects to return to year-over-year sales growth in this product category by the end of the fourth quarter. Generac is moving closer to “more sustainable levels” of field inventory, he said.“We have certain regions and certain channels, like our dealer channel in particular, that feel like we’re kind of at normal, but then you’re back to the whole question of what is normal? We picked a pre-COVID average to say what that is. We’re still under shipping the market in terms of overall end market demand, but it’s narrowing up,” said Jagdfeld.Generac reported sales of its residential products declined 15% to $565 million compared to $664 million last year. The company’s commercial and industrial (C&I) segment continues to perform well with sales increasing 24% to $385 million compared to $311 million last year.The company is maintaining its full-year 2023 net sales guidance for a decline of approximately -10% to -12% as compared to the prior year.Following struggles within the company’s nascent clean energy business, which were the topic of a recent BizTimes cover story , Jagdfeld hinted at a big year in 2024 for Generac as a new line of products in the space is unveiled.In August 2022, Generac was struck with what would be the first of several legal issues in its clean energy business.North Carolina-based Power Home Solar, which had been doing business as Pink Energy, filed a lawsuit against Generac, alleging the SnapRS component in one of Generac’s solar energy systems was defective.The original SnapRS component was developed by Pika Energy and passed on to Generac as part of the 2019 acquisition.“I think we all know we’ve struggled with our acquired products initially and we’ve worked very hard, and we will be working very hard over the next 12 months, to bring our new products to market,” said Jagdfeld. “We’ve got a huge team working on that.”
Pika Energy Frequently Asked Questions (FAQ)
When was Pika Energy founded?
Pika Energy was founded in 2010.
Where is Pika Energy's headquarters?
Pika Energy's headquarters is located at 35 Bradley Drive, Westbrook.
What is Pika Energy's latest funding round?
Pika Energy's latest funding round is Acquired.
How much did Pika Energy raise?
Pika Energy raised a total of $11M.
Who are the investors of Pika Energy?
Investors of Pika Energy include Generac Holdings, Clean Energy Venture Group, Macquarie Clean Technology Fund, CEI Ventures, Maine Angels and 5 more.
Who are Pika Energy's competitors?
Competitors of Pika Energy include ElectrIQ Power.
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