Sunrun is adapting, growing in challenged solar industry: CEO

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Mary Powell Noticias

Sunrun,Solar Industry,Solar Energy

Solar energy and battery storage operator Sunrun (RUN) recently reported a milestone of 1 million household customers — estimated to equal about 3 million...

) recently reported a milestone of 1 million household customers — estimated to equal about 3 million total individuals — an industry first. The rest of the solar industry has not performed as well, seemingly due to higher for longer interest rates.

Sunrun's adaptability has allowed it to take on battery storage services along with electric vehicle charging for its customers."We are moving very fast into a multi-product space meeting customers wherever they are on their clean energy journey," Powell says.Sun run having a good run over the last year and the company reporting a milestone of reaching 1 million customers in industry first.So let's talk about that milestone, Mary.

Yeah, well, I mean, first of all, you're right, like there were some interesting currents over the last couple of years.What we did is what great companies do, which is we just, like, leaned right into the wind and said, We're going to come out stronger. So, um, we are moving very fast into a multi product space, um, meeting customers wherever they are on their clean energy journey.

We've had some builders reach out to us, and so we're really we're really excited about the impact, Um, that we can bring to those builders and to bringing more solar plus storage into the new home space.The stock rally lost momentum Tuesday morning as investors gear up for the Fed's symposium in Jackson Hole, Wyoming.MONCTON, N.B.

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