New research from Wood Mackenzie has found that solar loans were the preferred and dominant financing solution for residential solar systems in the United States through the first half of 2018, accounting for 42% and outperforming third-party-owned solar systems for the first time.
Communities across the U.S. are working on climate solutions.
One of the world’s leading residential solar companies, Sunrun, posted its third-quarter earnings on Wednesday to mixed reception, reporting that it installed 100 megawatts (MW) worth of new solar installations over the quarter, but also posting a net loss which surprised investors and analysts.
A new report published by Navigant Research has proclaimed US residential solar company Sunrun as the world’s leading solar-plus-storage vendor in a market which is expected to see nearly 40 gigawatts (GW) of new capacity installed in the next decade.
US residential solar company Sunrun confirmed itself as the country’s leading solar installer in the second quarter by installing a total of 91 megawatts (MW) worth of new capacity, it’s best ever quarter, despite also reporting earnings-per-share well under expectations.
Complementing our update on key changes in the electric vehicle industry in June and July, below are highly notable news items from the solar energy and energy storage industries in June and July.
Sunrun, the leading residential solar, storage, and energy services company in the US, has announced it is now offering its Brightbox solar-as-a-service and home battery combination to households in storm-ravaged Puerto Rico.
An exclusive Reuters report published last week dealt an unfortunate blow to the US solar industry, revealing that EV giant Tesla’s move to cut 9% of its workforce will subsequently downsize subsidiary SolarCity, the company’s residential solar business that it acquired in November 2016, resulting in the closing of approximately a dozen installation facilities and ending a retail partnership with Home Depot.
Following up on our “What Changed In The Electric Vehicle Industry In May?” roundup, below is a summary of major solar energy and energy storage news from May. This roundup isn’t just about big project announcements. The point is to highlight notable shifts or milestones here or there in the industry.
Sunrun, the United States’ largest residential solar, storage, and energy services company, has announced this week it is expanding its offerings to Floridians with its solar-as-a-service and Brightbox home battery solutions, in an attempt to pre-empt hurricane season.
