Streetbeat News

RUN

Sunrun Inc.

https://www.sunrun.com

Industry

Solar

Sunrun Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems. Its primary customers are residential homeowners. The company markets and sells its products through direct-to-consumer approach across online, retail, mass media, digital media, canvassing, field marketing, and referral channels, as well as its partner network. Sunrun Inc. was founded in 2007 and is headquartered in San Francisco, California.

Open

11.17

Mkt cap

2.2B

Volume

14M

High

11.24

P/E Ratio

-5.65

52-wk high

22.26

Low

9.87

Div yield

N/A

52-wk low

9.22

Shares of solar companies are trading higher on reports of lawmakers pushing for an investigation into Chinese solar companies.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 4:10 pm

Lawmakers are pushing for an investigation into Chinese solar companies, which could impact the solar industry and related stocks.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 4:07 pm

Sunrun has priced a securitization of leases and power purchase agreements, involving two tranches of A+ rated notes and a single class of BB rated notes. The $443.15 million Class A-1 notes were marketed publicly, while the $443.15 million Class A-2 notes were privately placed, both with a coupon of 6.25%.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 9:44 pm

The California Public Utilities Commission (PUC) has made a decision supporting utilities regarding community solar projects. This decision could impact several companies involved in solar energy and utilities in California.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 7:40 pm

Shares of solar stocks are trading higher following the Biden administration's decision to raise tariffs on Chinese solar cells.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 3:03 pm

Google has signed deals to power its data centers in Japan with solar energy, as part of its commitment to sustainability and reducing carbon emissions.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 3:15 pm

The U.S. Department of the Treasury and the IRS have released additional guidance aimed at boosting American clean energy manufacturing. This guidance is expected to provide further clarity and support for companies involved in the clean energy sector.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 4:29 pm

The U.S. has initiated a trade investigation into solar imports from Asia, which could impact several companies in the solar industry. This investigation may lead to tariffs or other trade restrictions, affecting the supply chain and costs for solar companies.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 4:50 pm

Shares of solar companies such as First Solar (FSLR), Sunnova Energy (NOVA), Sunrun (RUN), and SolarEdge Technologies (SEDG) are trading higher after the Biden administration announced an increase in tariffs on Chinese solar panels.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 1:21 pm

Solar stocks are experiencing an uptick following reports that President Biden is considering implementing tariffs on Chinese electric vehicles (EVs) and solar panels. This move is perceived as potentially beneficial for US-based solar companies by reducing competition from cheaper Chinese imports.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 3:18 pm

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