10 Aug '18, 4pm

Sunrun Deploys 91MW in Best Quarterly Installation Performance to Date, Lags on Profits

Sunrun Deploys 91MW in Best Quarterly Installation Performance to Date, Lags on Profits

Sunrun has firmly secured its leadership position in the U.S. residential solar market. But that wasn’t enough to impress the stock market following the company’s second-quarter earnings call. Last quarter, Sunrun logged the largest quarterly installation volume in the company’s history. With 91 megawatts deployed serving more than 12,000 customers, Sunrun beat guidance and achieved 20 percent year-over-year growth. The company reaffirmed its full-year guidance of 15 percent growth in deployments, and it expects to deploy 100 megawatts in the next quarter. Revenues for Q2 grew to $170.5 million, coming in ahead of the consensus estimate of $167.7 million and up from $130.6 million a year ago. Sunrun also continued to be cash flow positive, ending the second quarter with $270 million in total cash, up $27 million from the previous quarter. The creation cost per watt was $3....

Full article: https://www.greentechmedia.com/articles/read/sunrun-earni...

Tweets

Japanese floater ready for installation

windpowermonthly.com 13 Aug '18, 11am

Japanese floater ready for installation 13 August 2018 by Craig Richard JAPAN: A floating demonstration project using an I...

From back in the archives, improving Gluster's ...

hackaday.com 11 Aug '18, 9pm

I use a lot of pies in my “LAN of things” here on the homestead, and I have most of the hardware revs they’ve made. They’v...

Just you, the open road, and your #EPACE

jaguarusa.com 15 Aug '18, 4pm

Discover the excitement of driving the E-PACE. Offering a unique balance between agility and ride comfort, the fully indep...