The company will start its solar odyssey in Houston, but promises that it will expand its service area to other Texas cities in the coming months.
The state’s appeals court rejected the tax department’s contention that it should be able to treat third-party installed solar arrays as utilities for tax purposes.
While other large residential solar companies are contracting or even going bankrupt, Sunrun gained market share during Q1 2017.
SEC has subpoenaed Sunrun, and is also looking into the number of Tesla customers who have backed out of leases, after state officials received hundreds of complaints about sales practices.
With the help of Credit Suisse, the residential solar company’s lease/PPA portfolio allowed it to close one of the largest funding rounds in the asset-backed securities market.
A Delaware bankruptcy court judge yesterday approved the $50 million sale of the residential solar installer to private equity firm Northern Pacific Group.
In 2015, Hawaii’s Public Utilities Commission eliminated the state’s net-metering incentive. Since then, the number of permits pulled on Oahu for solar installations has plummeted, reaching a new low in 2017 of only 449.
The Badger State becomes the first in the Midwest to attract the attention of a national residential company to power the homes of the state.
The third-party solar company’s quarterly results show its 2016 deployments growing at double the rate of the U.S. residential market, as Sunrun begins offering energy storage and changes its relationship to utilities.
According to new data by GTM Research, the ratio of solar leases and PPAs to full ownership flipped in the fourth quarter of 2016, when fewer than half of all new residential solar systems were operating under third-party arrangements – down from its 2014 peak of 72%.
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