Sunrun Installed 297 MW New Solar In Q2/2023
‘Robust’ Sales Growth Outside California Prompts Sunrun To Stay Put With Annual Guidance
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
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
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
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
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
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
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
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
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
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
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’
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
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
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.
Sunrun’s Q4/2021 Financial Results
2021 Revenues For Sunrun Grew 75% To $1.6 Billion But US Company Reports Net Loss Of $79 Million
US residential solar power company Sunrun Inc had a strong year in 2021 as it added more than 110,000 customers, reporting a growth of 31% in installations and 75% improvement in annual revenues with $1.6 billion, yet its net loss attributable to common stockholders was $79.4 million.
North America PV News Snippets
Ontario To Introduce Clean Energy Credits For Businesses & More From CPV, Maxeon & Sunrun
CPV to build 200 MW DC solar plant on a coal mine site; Ontario plans to develop a CEC registry for businesses; Maxeon Solar to expand into US C&I segment through Omnidian; Sunrun raises $425 million new financing from new and existing lenders.
Sunrun’s Q3/2021 Financial Results
Sunrun Deployed 219 MW New Solar Capacity In 3rd Quarter
To navigate through the current ‘dynamic’ supply chain environment with elevated logistics and material costs, leading US residential solar installer Sunrun said it ‘selectively’ and ‘modestly’ raised prices several times during Q3/2021 to mitigate some of the effects.
North America PV News Snippets
TotalEnergies, First Solar, Clearway Energy Group, Sunrun
80 MW BTS solar facility in US: TotalEnergies, 174 Power Global and Gerdau Long Steel North America (GLN) have started construction on an 80 MW behind-the-meter (BTM) solar power facility in Midlothian, Texas in the US.
Sunrun Installed 167.6 MW Solar Energy Capacity In Q1/2021
Sunrun Generated $334.8 Million Total Revenues In Q1/2021, Having Increased 59% YoY, With 167.6 MW Solar Capacity Installed; Management Offers Upward Revision Of 2021 Guidance
US based residential solar and storage services company Sunrun Inc. has lifted its full year 2021 guidance to expect 25% to 30% annual growth for its solar energy capacity to be installed through the year.
Sunrun Deployed 171.6 MW Solar In Q4/2020
Residential Solar & Storage Services Behemoth Sunrun Deployed 171.6 MW Capacity During Q4/2020; Expects To Have Exited 2020 With $2.9 Billion in Net Earning Assets In Preliminary Results Disclosed
Leading US based residential and storage installer Sunrun has released its preliminary financial results for Q4/2020 saying it installed approximately 171.6 MW during the reporting period, counting both Sunrun and Vivint Solar’s deployments which t.
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