U.S. residential solar company Sunrun Inc has teamed up with startup Lunar Energy Inc to operate virtual power plants (VPPs) of home solar and storage systems, a step toward transforming its vast customer network into a resource for power grids. Lunar, which is backed by Sunrun and Korean battery maker SK Group, is already operating 12 such systems for the California-based solar company from New England to Hawaii, the company will announce in a blog post on Tuesday. Sunrun has been pursuing VPPs as a means of leveraging the value of its customers' 48,000 home battery systems.
Earnings Release and Conference Call Scheduled for February 22, 2023SAN FRANCISCO, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN) today announced that it will issue its fourth quarter and full-year 2022 earnings report after the market closes on Wednesday, February 22, 2023. A conference call has been scheduled to discuss these earnings results at 1:30 p.m. Pacific Time. The conference call can be accessed live via the Sunrun Investor Relations website at https://investors.sunrun.com or
In the latest trading session, Sunrun (RUN) closed at $24.17, marking a -0.37% move from the previous day.