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Sunrun, Blacks in Green Partner on Inner-City Solar (Ind. Report)
Sunrun
Date: 2019-09-04
In Chicago, not-for-profit environmental and economic development organization Blacks in Green (BIG) reports it is partnering with residential solar, battery energy storage and energy services company, Sunrun, to expand access to solar energy and jobs in the Chicago area. The partnership aims to to increase opportunities for Southside Chicago homeowners to access solar energy and to increase clean energy career opportunities for residents in traditionally under-served and underrepresented communities.

Under the partnership, Sunrun commits to recruit solar trainees from the BIG network and support BIG at educational events throughout the community so residents can learn about rooftop solar, including the Illinois "Solar for All" low-income solar program to increase access to solar energy for underserved communities. (Source: Blacks in Green, Sunrun, Chiago Defender, 2 Sept., 2019) Contact: Blacks in Green, Naomi Davis, Pres., www.blacksingreen.org; SunRun, Lynn Jurich, CEO, Patrick Jobin, VP, Finance & Investor Relations, (415) 510-4986, investors@sunrun.com, www.sunrun.com

More Low-Carbon Energy News Solar,  Sunrun,  


Sunrun Scores Aggregated Home Solar, Storage Contract (Ind. Report)
Sunrun,East Bay Community Energy
Date: 2019-07-19
In Alameda County, Oakland, California-based energy aggregator East Bay Community Energy (BCB) reports it has approved a 10-year contract under which it will pay San Francisco-based solar installer Sunrun for 500 KW of solar capacity from residential solar-plus-storage, starting in 2022.

The contract marks a second win for Sunrun's theory of using aggregated residential energy assets for grid services. The company won its first virtual power plant contract in February to supply ISO New England with 20 MW by 2022.

Whereas the 20-MW battery will literally replace the peaker turbines, the Sunrun deal will provide 2 MWh of energy storage -- 500 KW with 4-hour duration -- throughout the service territory, primarily in West Oakland where the company will install the equipment on low-income single-family and multifamily homes.

Sunrun draws on funds from California's Solar on Multifamily Affordable Housing program and works with building owners to deliver solar at no cost to tenants. (Source: Sunrun, gtm, 18 July, 2019) Contact: EBCE, Nick Chaset, CEO, www.ebce.org; SunRun, Lynn Jurich, CEO, Patrick Jobin, VP, Finance & Investor Relations, (415) 510-4986, investors@sunrun.com, www.sunrun.com

More Low-Carbon Energy News Sunrun,  Solar,  Energy Storage,  


Sunrun Calls for "Consumer-Centered" Clean Energy (Ind. Report)
Sunrun
Date: 2018-04-11
In San Francisco, Sunrun Inc., the nation's largest dedicated residential solar, storage and energy services company, has published the attached report detailing recommendations to improve and maximize the public benefits of the United States' energy system by

According to the report, the United States suffers from the highest amount of power outages in the developed world. The 100 year-old electricity grid, designed for centralized electricity generation, requires investment of up to two trillion dollars. Under the old model, consumers will be forced to pay for these upgrades through higher energy bills. The U.S.' existing, aging energy infrastructure is also vulnerable to increasingly common extreme weather events and at greater risk of failure.

The report adds, technology and innovation have opened up a new generation of energy resources that reduce the need for spending on unnecessary, outdated and polluting infrastructure. Clean power can be generated where it is used -- solar power on roofs and batteries in garages. The cost of home batteries declined 84 pct over the last decade and costs are expected to cut in half again over the next decade. More local power from solar and batteries on homes and businesses will improve reliability for Americans during increasingly frequent extreme weather events, and make the energy system more resilient for everyone.

Download the Sunrun Affordable, Clean, Reliable Energy: A Better System Created by the People, For the People report HERE. (Source: SunRun Inc., PR, 9 April, 2018) Contact: SunRun, Lynn Jurich, CEO, Patrick Jobin VP, Finance & Investor Relations, (415) 510-4986, investors@sunrun.com, www.sunrun.com

More Low-Carbon Energy News Sunrun,  Renewable Energy,  


Comcast, Sunrun Deal Boosts Residential Solar Program (Ind. Report)
Sunrun Inc.
Date: 2017-08-28
Philadelphia-based media giant Comcast Corp. reports it has sealed a 40-month deal with residential solar programs specialist Sunrun Inc. Under the terms of their agreement, agreement, Sunrun will act as the exclusive residential solar energy provider for Comcast Cable which will serve as one of Sunrun's strategic partners through marketing campaigns in selected markets. Sunrun is the nation's largest provider of residential solar, storage and energy services.

Comcast plans to begin marketing Sunrun's rooftop solar services to its customers in selected states later this year. This agreement follows a successful one-year solar pilot program in which participating Comcast subscribers will have the option of signing up for a Sunrun BrightSave plan which provides customers with 20 years of solar energy at a fixed monthly rate.

As part of this agreement, Comcast will receive fees for new customers they bring to Sunrun. Comcast is also eligible to acquire as much as 9.99% of Sunrun's stock if it can lock down 60,000 customers.

The Comcast and Sunrun joint release notes that rooftop solar is projected to be one of the fastest growing sectors in the energy industry, nearly tripling in size in the U.S. by 2025, according a 2017 Bloomberg New Energy Finance report.(Source: Comcast, Sunrun, Zacks 25 Aug., 20170 Contact: Sunrun Inc., (855) 478-6786, www.sunrun.com; Comcast, www.corporate.comcast.com/contact-information

More Low-Carbon Energy News Sunrun,  Comcast,  Solar Energy,  


LG Chem Intros Home Energy Storage Systems to NA (Ind. Report)
LG Chem
Date: 2017-04-24
Following on our July 18, 2016 coverage, South Korea-headquartered LG Chem reports it is now offering its residential energy storage systems in the US and Canada in sizes from 3.3 kWh to 9.8 kWh for both AC and DC installations.

The company will continue to work with Sunrun and is talking with other companies to expand its distribution throughout the US and Canada. Already the company is working with other companies to ensure its systems are compatible with their systems. (Source: LG Chem, 21 April, 2017) Contact: LG Chem Peter Gibson, ESS Sales, LG Chem, Kwon Young-soo, Pres., Battery Div., Terry Lee, Public Relations, +82 (2) 3773-6951, ltkremark@lgchem.com, www.lgchem.com

More Low-Carbon Energy News LG Chem,  Energy Storage,  Home Energy Storage,  Lithium-Ion Battery,  


Nevada Legislation Aims to Revive Solar Industry (Reg & Leg)
Renewable Energy
Date: 2017-04-12
Nevada lawmakers in Carson City are debating a package of bills that would increase the amount of credit toward nighttime and cloudy-day power that residential solar users receive as a feed-in tariffs for their excess rooftop solar energy.

The legislation is intended to correct changes made in 2015-16 that effectively drove up the cost of residential solar and virtually halted the state's previously booming residential-solar industry and caused Sunrun, SolarCity and many small solar contractors to leave the solar business in Nevada.

Assembly Bill 270 is among five bills aimed at promoting renewable energies. Other measures would require solar companies to make contracts clearer, allow multiple homes to share solar energy and speed up the state's move to renewables. State law currently directs NV Energy, the state's monopolized utility, and any other providers to generate 20 pct of retail electricity from renewable sources. (Source: Nevada Legislature, CBS Las Vegas, AP, 6 April, 2017)

More Low-Carbon Energy News Solar,  Rooftop Solar,  Nevada Solar,  Renewable Energy,  


Sun Setting on Sungevity with Chap. 11 Filing (Ind. Report)
Sungevity
Date: 2017-03-15
Oakland, California-headquartered solar energy major Sungevity, Inc. is reporting its filing for Chapt. 11 protection and the decimation of its remaining workforce after the January collapse of an expected merger that would have added approximately $200 million to the company's empty coffers. Several investors, led by Northern Pacific Group, have reportedly agreed to take control of Sungevity's assets in exchange for $20 million in financing to keep the company's operations going. Those assets will then be sold off in a court-supervised auction, according to Sungevity.

Sungevity specialized in a software platform that connected homeowners interested in going solar with installers who could perform the work, supplying instant online quotes. Although executives touted their asset-light model and aggressively expanded both in the United States and Europe, Sungevity's share of the residential solar market remained well behind such competitors as SolarCity and Sunrun. (Source: Sungevity, GTM, SF Gate, 13 Mar., 2017)Contact: Sungevity, Alec Guettel, Co-Founder, Andrew Birch, CEO, (510) 496-5500, www.sungevity.com

More Low-Carbon Energy News Sungevity,  Solar,  

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