Sunrun Q1/2024 Financial Results A Little Bleak
Revenue Of $458.2M Down 22% YoY, But Storage & Solar Installations Deliver Strong Results In 1st Quarter
Friday, 10 May 2024
Releasing its Q1 results for 2024, US residential solar and storage installer and financier Sunrun said that it has achieved total revenue of $458.2 million, which is $131.6 million or 22% lower than Q1/2023.
North America Solar PV News Snippets
$520 Million Capital Raise For US Community Solar Developer & More From Heliene, Walmart, Iberdrola
Thursday, 11 Apr 2024
Nexamp raises $520 million to expand; securitization deal for Sunrun; Heliene bags 2 GW module contract from Excelsior; more clean energy for Walmart, under Consumers Energy contract; Iberdrola constructing its maiden project in California. Nexamp .
Sunrun Installed 227.1 MW Solar Energy In Q4/2023
US Solar Installer Reports -$1.6 Billion 2023 Net Loss; Confident Of Robust Sequential Growth From Q2/2024
Thursday, 22 Feb 2024
US residential solar and storage installer, and financier Sunrun met its solar installation guidance for Q4/2023 with over 227 MW installed while exceeding storage deployment guidance, representing 154% annual growth.
Sunrun’s Flat Annual Installation Growth In Q3/2023
2023 Annual Growth Installation Outlook Lowered; Says Transitioning To A Storage-First Company
Tuesday, 07 Nov 2023
Leading residential solar and storage company Sunrun has lowered its annual guidance for 2023 after reporting flat growth of 1% YoY for its Q3/2023 installations.
Solar Energy Resilience Funding For Puerto Rico
Up To $440 Million Funding For Qualified Solar Installers & Nonprofits For Low-Income Households
Monday, 06 Nov 2023
Generac Power Systems, Sunnova Energy Corporation and Sunrun have won $400 million funding from the US Department of Energy (DOE) as part of the latter’s Puerto Rico Resilience Fund (PR-ERF). It will support the deployment of rooftop solar and .
Sunrun Expands Leadership Team
Leading US Residential Installer Brings On Board Senior Executives For Generation & Artificial Intelligence Domains
Wednesday, 27 Sep 2023
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.
Sunrun Installed 297 MW New Solar In Q2/2023
‘Robust’ Sales Growth Outside California Prompts Sunrun To Stay Put With Annual Guidance
Monday, 07 Aug 2023
Leading US residential solar and storage system installer Sunrun added 39,755 new customers in Q2/2023, taking its cumulative count to 869,464, growing 20% annually even as sales within California, the largest residential solar market in the US, were down for the company.
Sunrun Reports $590 Million Q1/2023 Revenues
Residential US Installer Sunrun Grew PV System Deployment By 12% Annually, Exceeding Revenue Guidance
Thursday, 04 May 2023
Leading residential solar installer Sunrun exited Q1/2023 having installed around 240 MW solar capacity, representing 12% higher installation on annual basis, exceeding high end of its guidance with $589.8 million in revenues, while reporting net loss of -$240.4 million.
Sunrun Offering To Brace For California Policy
Sunrun Says New Home Subscription Scheme Will Help Deal With California Solar Policy Changes
Wednesday, 12 Apr 2023
As California, the largest solar market in the US, gets ready to slash its net metering rates for new customers from April 15, 2023, residential solar installer Sunrun has come out with a home subscription offering called Sunrun Shift that it claims .
Sunrun Reports $63 Million Net Income For Q4/2022
Sunrun Increased New Solar PV Capacity Additions In Q4/2022 By 25% YoY With 275.4 MW; Reports 44% Annual Growth In Revenues In 2022
Thursday, 23 Feb 2023
US residential solar company Sunrun turned profitable again in Q4/2022 as it reported $63 million in net income compared to -$38 million net loss a year back.
Rocky Mountain Institute Launches Virtual Power Plant Partnership
RMI’s VP3 Initiative Targets To Help Overcome Barriers To Virtual Power Plants’ Market Growth & Lead To Cost-Effective Power
Friday, 13 Jan 2023
US non-profit Rocky Mountain Institute (RMI) led Virtual Power Plant Partnership (VP3) to scale up the VPP market for decarbonization counts a diverse industrial base including Ford, General Motors, Google Nest, OhmConnect, Olivine, SPAN, SunPower, S.
Finance Pouring In For US Solar Power Companies
Silicon Ranch Completes $600 Million Equity Raise & Sunrun Secures $835 Million Non-Recourse Financings
Thursday, 05 Jan 2023
With a strong regulatory environment supporting the solar PV industry in the US under President Joe Biden, the country’s solar market is increasingly attracting huge investments – Silicon Ranch Corporation recently conducted a $600 millio.
Sunrun’s Q3/2022 Annual Revenues Up By $193.1 Million
Q3 Installations Grew 17% YoY To 256 MW For Sunrun; Management Points At Module & Battery Supply Challenges
Thursday, 03 Nov 2022
Residential solar and storage installer Sunrun in the US met its solar energy capacity deployment guidance for Q3/2022 with 255.8 MW, growing 17% annually, as total revenue went up 44% from last year to $631.9 million, reflecting a growth of $193.1 million.
Sunrun To Build ‘1st’ Virtual Power Plant For Puerto Rico
Puerto Rico Contracts Sunrun To Develop 17 MW VPP As Island’s Maiden Distributed Large Scale Storage Program
Thursday, 03 Nov 2022
US based residential solar power company Sunrun will build a 17 MW virtual power plant (VPP) as the 1st distributed large-scale storage program on the island of Puerto Rico after it was selected by the local electricity utility for that job, as the i.
Sunrun Completes 1st Season Operating Residential VPP
Sunrun’s Residential Virtual Power Plant Fed Over 1.8 GWh To The Grid Within A Quarter
Thursday, 13 Oct 2022
More than 1.8 GWh of clean energy was fed into the grid between hot summer months of June 2022 to August 2022 by the New England residential virtual power plant (VPP) that Sunrun has now been running for a full ‘successful’ season in the US wholesale market.
North America PV News Snippets
Amp Energy Commissions 2 Solar Farms In New York & More From Sunrun, Alliant, SEE, MIT
Monday, 29 Aug 2022
Sunrun’s Lunar Energy acquires Moixa; Amp Energy’s financial closure for 61 MW solar & storage, it also energizes 2 solar farms in New York; Alliant Energy’s maiden utility scale solar farm online; SEE sourcing solar power; MIT’s solar car wins American Solar Challenge.
Inflation Reduction Act 2022 Now A Law
US President Joe Biden Takes ‘Most Aggressive Action Ever’ & Signs Inflation Reduction Act Into A Law
Wednesday, 17 Aug 2022
It is official: US President Joe Biden has signed the Inflation Reduction Act of 2022 (IRA) into a law after it was passed by the Congress paving the way for 950 million solar panels, 120,000 wind turbines to operate in the country by 2030 along with 2,300 battery plants to store clean energy.
Strong Q2/2022 for Sunrun
Leading US Solar Rooftop Integrator Sunrun’s Q2/2022 Installations Grew 33% YoY & Revenues 46% With ‘Surging Demand’
Friday, 05 Aug 2022
US residential solar financier and installer Sunrun posted a strong Q2/2022 with annual installations growing 33% to 246.5 MW exceeding expectations, 21% improvement in customer additions, and revenues rising 46% to $584.6 million.
Sunrun Announces Q1/2022 Financial Results
Sunrun Exceeded Solar Deployment Guidance For Q1/2022 With Strong Customer Demand
Thursday, 05 May 2022
US residential solar power company Sunrun exited Q1/2022 with 27% annual growth in installations that added up to 213 MW, exceeding its guidance of between 195 MW to 200 MW, owing to strong demand leading the company to revise upward its 2022 deploym.
2021 US Solar Installer Leaderboard
Wood Mackenzie: Sunrun Top Residential Solar Installer In 2021; Hanwha Top Module Supplier
Thursday, 31 Mar 2022
US market research firm Wood Mackenzie sees residential solar installer Sunrun as the top installer in this space for the 5th consecutive year with 13% market share, and says even though its market share slips, the company maintains a comfortable lead over competitors.
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