Residential solar, storage and energy company Sunrun has announced new appointments at the leadership level, bringing in former Tesla Energy senior executive Dr Marcus Mueller on board. Rachit Srivastava has been roped in to lead the company's artificial intelligence (AI) strategy.
Till recently, Mueller worked with Tesla Energy as senior manager for Energy Operations. He worked with the company for 6 years in several positions, in his early days based in Europe, where he represented Tesla also on the board of directors of SolarPower Europe.
As Vice-President of Generation at Sunrun, he will lead the group's asset forecasting and performance space. He will also oversee its long-term grid services and home electrification strategies as the company plans to launch an add-on storage option for existing solar-only customers and a new standalone storage product for all non-solar households.
After nearly 3 years as the Head of Machine Learning at Cockroach Labs, Srivastava is moving into the solar industry to drive innovation and integrating cutting-edge AI technologies, machine learning, and data analytics around the company's products and services.
Sunrun says his efforts will lead to a more intelligent, personalized experience with improved cost efficiency and reduced cycle times.
"We are rapidly approaching one million customers. With our scale and market-leading position, investing in machine learning and AI will open up substantial opportunities for us to develop additional programs and services that deliver even greater value to both our customers and grid operators," said Sunrun's Chief Revenue Officer Paul Dickson on the role of AI in the company's business.
Recently, Sunrun announced $715 million senior securitization of leases and power purchase agreements for residential solar and battery systems. The company called it its largest securitization to date and the largest across the entire residential solar industry.
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