Sunrun

Home Electrification Innovator SPAN Raises $90 Million in Series B Funding Round to Accelerate Next Generation of EV Charging and Electrification Products

Retrieved on: 
Tuesday, March 22, 2022

Span.IO , Inc.creator of the SPAN smart electrical panel and SPAN Drive smart EV chargertoday announced the closing of its $90 million Series B funding round, bringing the Companys total funding to date to $134 million.

Key Points: 
  • Span.IO , Inc.creator of the SPAN smart electrical panel and SPAN Drive smart EV chargertoday announced the closing of its $90 million Series B funding round, bringing the Companys total funding to date to $134 million.
  • SPANs Series B funding round was led by Fifth Wall Climate Tech and Wellington Management .
  • The Company will use the new funding to continue developing the SPAN Home suite of energy products and solutions to drive commercial growth and accelerate electrification of homes.
  • SPAN, an innovator in the home energy management space, is led by a seasoned team of executives and engineers from Tesla, Sunrun, and Amazon.

iPower Energy elevates the in-home solar buying experience by offering Sunrun solar services as another option for homeowners who want to switch to solar

Retrieved on: 
Wednesday, March 16, 2022

iPower Energy will leverage Sunrun's industry-leading solar services to make it easier for homeowners to enjoy the benefits of solar energy, without carrying the debt of owning solar panels, and without the headache and hassle of maintenance and repairs.

Key Points: 
  • iPower Energy will leverage Sunrun's industry-leading solar services to make it easier for homeowners to enjoy the benefits of solar energy, without carrying the debt of owning solar panels, and without the headache and hassle of maintenance and repairs.
  • iPower Energy will deliver Sunrun solar services through their installation partner, Energy Service Partners, who, like Sunrun, provides and distributes their services in a manner that best serves the customer.
  • "Owning solar panels is not the only path to enjoying the benefits of solar energy.
  • For a side by side comparison of iPower Energy's solar plans please visit https://www.ipowerenergygroup.com/solar-plans
    iPower Energy is a leading solar energy service provider of home solar and battery backup.

The Climate Pledge Announces Nearly 100 New Signatories, Including Maersk, SAP, Weyerhaeuser, Sunrun, and HARMAN, Bringing the Total to More Than 300 Companies Committed Worldwide

Retrieved on: 
Monday, March 14, 2022

To achieve these ambitious targets, Maersk is exploring, testing, and investing in sustainable innovations to enable transformation across the supply chain.

Key Points: 
  • To achieve these ambitious targets, Maersk is exploring, testing, and investing in sustainable innovations to enable transformation across the supply chain.
  • Solving the climate emergency and decarbonizing our customers supply chains is a strategic imperative for Maersk, said Soren Skou, A.P.
  • To drive the massive scale up of green fuels, we all must move now and take action.
  • SAP is also directly investing in renewable electricity as well as nature-based and technical-based funds to neutralize residual carbon emissions.

PG&E and Ford Collaborate on Bidirectional Electric Vehicle Charging Technology in Customers’ Homes

Retrieved on: 
Friday, March 11, 2022

Today, Pacific Gas and Electric Company (PG&E) and Ford Motor Company announced a collaboration exploring how Fords new F-150 Lightning electric vehicle (EV)the first commercially available light-duty truck with bidirectional charging technologycan interact with the electric grid and provide electric reliability benefits to PG&E customers.

Key Points: 
  • Today, Pacific Gas and Electric Company (PG&E) and Ford Motor Company announced a collaboration exploring how Fords new F-150 Lightning electric vehicle (EV)the first commercially available light-duty truck with bidirectional charging technologycan interact with the electric grid and provide electric reliability benefits to PG&E customers.
  • PG&E and Ford will test the F-150 Lightning and its Intelligent Backup Power bidirectional charging capabilities in providing backup power for customers homes in PG&Es service area.
  • As more electric vehicles and new charging technology become available, it is critical that we better understand how EVs can interact with the electric grid and how we can best support our customers.
  • Beyond the initial deployment with a small number of customers homes, PG&E and Ford plan to explore additional use cases and potential for bidirectional charging technology in support of PG&E customers and the grid.

WeLink Expands Leadership Team to Drive the Next Generation of Fixed Wireless Access and Affordable Wireless Home Broadband

Retrieved on: 
Wednesday, March 9, 2022

WeLink , a disruptive, next-generation fixed wireless broadband provider, today announced two new members of its executive leadership team.

Key Points: 
  • WeLink , a disruptive, next-generation fixed wireless broadband provider, today announced two new members of its executive leadership team.
  • Brendan Smith has joined as Chief Operating Officer and Mark Trout as President to expand WeLinks next-gen, fixed wireless access broadband solution and bring affordable internet access to more people.
  • Founded in 2018 by wireless veterans, WeLink is led by Kevin Ross, former co-founder of Vivint Wireless.
  • The team is headquartered in Utah with next-gen wireless broadband service to residents of Las Vegas and Phoenix metro markets.

Pineapple Energy Enhances Board of Directors in Preparation for Public Listing

Retrieved on: 
Monday, February 14, 2022

MINNEAPOLIS, Feb. 14, 2022 (GLOBE NEWSWIRE) -- Pineapple Energy LLC (“Pineapple”), today announced two additional appointments to its anticipated post-merger Board of Directors. The new directors bring significant experience in financing and residential solar, further preparing Pineapple for post-merger life as a publicly traded company. In March 2021, Pineapple and publicly traded Communications Systems Inc. (“CSI”) (NASDAQ: JCS) entered into a merger agreement, that upon closing, would create a new company focused on the residential rooftop solar and storage business in the U.S. CSI has scheduled a shareholder vote to approve the merger on March 16, 2022.

Key Points: 
  • --Merger Vote Scheduled for March 16, 2022--
    MINNEAPOLIS, Feb. 14, 2022 (GLOBE NEWSWIRE) -- Pineapple Energy LLC (Pineapple), today announced two additional appointments to its anticipated post-merger Board of Directors.
  • The new directors bring significant experience in financing and residential solar, further preparing Pineapple for post-merger life as a publicly traded company.
  • Kyle Udseth, Co-Founder and CEO of Pineapple noted, We are preparing Pineapple Energy to hit the ground running after our anticipated merger closes.
  • Pineapple Energy was founded to acquire and grow leading local and regional solar, storage, and energy services companies nationwide.

Sunrun Earns Perfect Score on Human Rights Campaign Foundation’s 2022 Corporate Equality Index

Retrieved on: 
Thursday, January 27, 2022

SAN FRANCISCO, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nations leading home solar, battery storage and energy services provider, announced today that it received a perfect score of 100 on the Human Rights Campaign Foundations 2022 Corporate Equality Index (CEI), the nations foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.

Key Points: 
  • SAN FRANCISCO, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nations leading home solar, battery storage and energy services provider, announced today that it received a perfect score of 100 on the Human Rights Campaign Foundations 2022 Corporate Equality Index (CEI), the nations foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.
  • When the Human Rights Campaign Foundation created the Corporate Equality Index 20 years ago, we dreamed that LGBTQ+ workersfrom the factory floor to corporate headquarters, in big cities and small townscould have access to the policies and benefits needed to thrive and live life authentically, said Jay Brown, Human Rights Campaign Senior Vice President of Programs, Research and Training.
  • We are proud that the Corporate Equality Index paved the way to that reality for countless LGBTQ+ workers in America and abroad.
  • Sunrun satisfied all of the CEIs criteria to score a perfect 100, earning the designation as one of the Best Places to Work for LGBTQ+ Equality.

Sunrun Replaces $250 Million Recourse Lending Facility with New Upsized $425 Million Facility to Support Continued Growth at Enhanced Terms

Retrieved on: 
Tuesday, January 25, 2022

We are pleased to increase the size of our recourse lending facility, to support our continued growth while also enhancing terms to reflect the strength of our asset base and underlying business, said Tom vonReichbauer, Sunruns Chief Financial Officer.

Key Points: 
  • We are pleased to increase the size of our recourse lending facility, to support our continued growth while also enhancing terms to reflect the strength of our asset base and underlying business, said Tom vonReichbauer, Sunruns Chief Financial Officer.
  • Our continued strong execution in the capital markets allows us to be well-positioned to capitalize on growth opportunities and to deliver value to our customers and financial partners.
  • The new $425 million recourse lending facility matures in January 2025, providing a longer tenor than the companys prior recourse lending facility extension of 2 years.
  • Concurrent with funding and closing, Sunrun repaid the existing $250 million recourse lending facility.

Duke Energy launches 'Bring Your Own Battery' study to test potential improvement of energy resiliency in Florida

Retrieved on: 
Thursday, January 20, 2022

ST. PETERSBURG, Fla., Jan. 20, 2022 /PRNewswire/ -- Duke Energy Florida has launched an innovative "Bring Your Own Battery" (BYOB) study to test potential enhancements to the energy grid and support the growth of renewable energy in the Sunshine State.

Key Points: 
  • ST. PETERSBURG, Fla., Jan. 20, 2022 /PRNewswire/ -- Duke Energy Florida has launched an innovative "Bring Your Own Battery" (BYOB) study to test potential enhancements to the energy grid and support the growth of renewable energy in the Sunshine State.
  • Participants are Duke Energy Florida customers who currently have batteries installed in their homes to provide backup power in case of an outage.
  • "Batteries are an exciting technology that will play a significant and evolving role in how energy is delivered to customers now and in the future," said Melissa Seixas, Duke Energy Florida state president.
  • Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies.

Sunrun Announces Date and Conference Call Details for Fourth Quarter 2021 Earnings Report

Retrieved on: 
Wednesday, January 19, 2022

SAN FRANCISCO, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN) today announced that it will issue its fourth quarter 2021 earnings report after the market closes on Thursday, February 17, 2022.

Key Points: 
  • SAN FRANCISCO, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN) today announced that it will issue its fourth quarter 2021 earnings report after the market closes on Thursday, February 17, 2022.
  • A conference call has been scheduled to discuss these earnings results at 2:00 p.m. Pacific Time.
  • The conference call can be accessed live via the Sunrun Investor Relations website at http://investors.sunrun.com or over the phone by dialing (877) 407-5989 (toll-free) or (201) 689-8434 (toll).
  • An audio replay will be available following the call on the Sunrun Investor Relations website for approximately one month.