Sunrise brief: Solar is cheapest based on price alone, Wood Mac reports
Also on the rise: Freedom Forever extends its Sunrun ties, and this EV battery may offer a 250-mile range, a 10-minute charge, and 0-60 in 3 seconds.
Total corporate funding into the solar sector rose 24% in 2020
Despite a slow start and a downturn in venture capital and private equity funding, total funding saw a significant rise, including the largest amount of projects acquired in a single year to date and the largest amount of securitization financing ever in a year.
Monday Brief: Knoxville utility to go 20% solar by 2023, Sunrun and SoCal Edison agree to virtual power plant
Also in the brief: Hawaiian Electric Company proposes 20 MW of new projects, EDP Renewables has secured 86% of the company’s targeted capacity additions for 2019-2022 and more.
SunRun’s Q3 earnings reveal strong growth and dynamic positioning
“Order volumes have increased significantly” and Sunrun expects to grow megawatts deployed by over 20% sequentially in the third quarter.
More and more homeowners want backup power
Nearly half of all respondents to a new Sunrun survey have had their interest in backup power increase since the outset of the pandemic, with millennials and Gen X showing the most significant interest.
Energy Jobs: Tesla dissolves its PR department, plus new execs at Sunrun, Amazon Climate Pledge, Generate, LS Energy and Talesun
Executive moves in solar, storage, cleantech, utilities and energy transition finance.
US residential solar set for a record-breaking year — despite and because of 2020
Over the course of this strange year, American residential solar companies such as Sunrun, Vivint, SunPower and Tesla claimed they could weather the Covid storm with remote selling and new online strategies. It turns out they were right. BloombergNEF forecasts that Americans will install 3 gigawatts of solar on residential rooftops in 2020.
Sunrun and GRID fight California blackouts with free batteries for low-income households
“Storage is critical for equity,” says Sunrun CEO Lynn Jurich — and putting more standalone storage on the grid means less electricity going through wires in wildfire-prone areas.
Solar deployments down for Sunrun in Q2, but Vivint acquisition, VPPs and CCAs drive growth
“Order volumes have increased significantly” and Sunrun expects to grow megawatts deployed by over 20% sequentially in the third quarter.
Sunrun to acquire Vivint Solar for $3.2 billion in all-stock transaction
The new, bigger Sunrun will have 500,000 customers and more than 3 GW of solar power assets. Is there value in scale in residential solar?
