Sunrun takes US residential top spot from Tesla

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Source: Sunrun.

Sunrun has taken over the mantle as the largest deployer of residential solar in the US.

The company announced its Q4 2017 earnings and released its annual report with 85MW installed in the last three months of the fiscal year.

“Sunrun is entering 2018 as the residential market leader,” said Lynn Jurich, CEO and co-founder, Sunrun. “We achieved our highest unit margins and turned structurally cash flow positive. We expect to deliver an even stronger performance in 2018.

“We are now solidly the market leader in the residential sector,” she said in the company’s earning’s call.

Tesla reported Q4 installs of 87MW across residential, commercial and industrial customers.

Jurich flagged its energy storage offering as a contributing factor to her optimism for the year ahead.

“Last year households experienced an unprecedented level of power outages driving demand for a more reliable electricity solution. Sunrun is meeting this need with our Brightbox solar and home battery service which is now available in six states and provides affordable electricity with backup power,” she said.

Read Next

April 22, 2021
Tesla will only sell residential rooftop solar alongside its Powerball battery as a single, integrated product, Elon Musk has said.
April 21, 2021
Australia’s airports have untapped potential to aid the country’s transition to renewable energy, according to a report from researchers at Melbourne’s RMIT University.
April 15, 2021
Israeli developer Solegreen has invested US$104 million in solar installer Kuubix to help it pursue an "aggressive" expansion strategy across its core markets in the US.
April 14, 2021
Meyer Burger is on track to start shipments of its first heterojunction (HJ) solar modules made in Germany to distributors in July.
April 9, 2021
A draft proposal put forward by China’s National Development and Reform Commission could see subsidies for new solar projects phased out, starting this year.
April 9, 2021
Solar and storage provider Sunworks has acquired installer Solcius in a deal worth US$51.8 million.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
April 28, 2021
4:00 - 4:30 PM CET
Solar Media Events
May 11, 2021
Upcoming Webinars
May 26, 2021
Session 1 - 7:00 AM (BST) | Session 2 - 5:00 PM (BST)
Solar Media Events
June 15, 2021