Sunrun grows, captures more market share in 2016
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.
Residential solar ownership now outpaces leasing (with charts)
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%.
APS settles rate-case dispute with solar industry
The compromise between the state’s largest utility and the solar industry guarantees Arizona’s current solar customers will be grandfathered at full retail net-metering rates for 20 years from the date of interconnection.
Borrego Solar claims 76% growth in 2016
The company says its leadership in New York and Massachusetts provided the biggest boost to the installer’s bottom line.
Sunrun partners with National Grid to spread solar
The agreement includes a direct investment of $100 million by the utility to fund 200 MW of solar projects across the installer’s national portfolio.
Sungevity loses acquisition partner, access to public capital
Easterly Acquisition Corp., who was supposed to provide Sungevity access to public-market funds, has cancelled the proposed acquisition it announced in June.
Spruce’s solar portfolio is collateral for $105.4 million in debt financing
The deal, financed by Investec and Silicon Valley Bank, will be fund more systems around the country for the residential solar financier.
Sunrun begins offering solar and storage in California
The second-largest residential solar installer has expanded its solar-plus-storage offerings after a successful roll-out in Hawaii.
Sunrun renews GRID Alternatives partnership
The partnership, now entering its sixth year, is designed to spread solar energy to as many U.S. households as it can
Sunrun to deploy LG Chem batteries in the U.S. market
Sunrun will offer LG Chem RESU batteries for the U.S. residential market through its BrightBox offering and subsidiary AEE Solar.
