We develop generalized no-scale supergravity models of inflation, and then study the corresponding cosmological predictions as well as the formation of primordial black holes (PBHs) and scalar-induced gravitational waves (SIGWs). With a new parameter 0 < a ≤ 1, the generalized no-scale supergravity provides the continuous connections among the generic no-scale supergravity from string theory compactifications. The resulting prediction of the CMB, spectrum index ns , and tensor-to-scalar ratio r can be highly consistent with the latest Planck/BICEP/Keck Array observations. Notably, the models with a ≠ 1 give a smaller ratio r ≤ 10-3, which is flexible even under the anticipated tighter observational constraints at the future experiments. Additionally, these models have the potential to generate a broad-band stochastic gravitational wave background, and thus explain the NANOGrav 15yr signal. Furthermore, they predict the formation of PBHs with various mass scales, which could account for a significant portion of dark matter relic density in the Universe.
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