sunrun

A map of the VPPs in which Sunrun’s batteries are participating through Lunar’s platform. Image: Sunrun / Lunar Energy.

US residential solar and storage supplier Sunrun has closed US$835 million in non-recourse financings, spread across three tranches.

On 15 December, the California Public Utilities Commission will vote on the latest net energy meeting (NEM) proposal regarding the state’s rooftop solar market. Ahead of the vote, activists have taken to the streets in a series of demonstrations against the legislation, and the California Solar and Storage Association (CALSSA) and other representative groups have been vocal in their criticism of the proposal.

The CEO of US solar installer Sunrun has called for faster action to reduce import delays that continue to impact the country’s PV industry.

US solar installer Sunrun has completed its first successful season running a residential VPP in a New England's wholesale capacity market

Solar modules used in PV plants from independent power producer Silicon Ranch will be recycled by Solarcycle as part of a new partnership between the US companies.

Following strong demand in the US market for residential solar, US solar installer Sunrun increased its customer additions by more than in Q1 and posted better-than-expected financial results, while still making a loss.

A breakdown of leading US solar installer Sunrun's financial results for Q1 2022 when it added 29,463 customers, with management now expecting installed solar capacity to be 25% or greater for the full year 2022.

Leading US solar installer Sunrun installed 792MW of solar capacity in 2021, a 31% growth on 2020, exceeding guidance, reflecting the highest growth rate in five years and bringing its total networked capacity to 4.7GW, according to its Q4 and full year 2021 financial results.

Leading US solar installer Sunrun has upsized its loan facility to US$425 million from US$250 million at “enhanced terms and longer tenor” to reflect the company’s higher valuation and strong performance.