Sunrun’s Q3 2023 report reveals a $130 million increase in net earning assets, reaching $4.6 billion. They installed 258.2 MW of solar energy capacity, bringing the total networked capacity to 6.5 GW. Storage attachment rates surged to 33%. Net Subscriber Value stood at $11,030. Customer additions in Q3 reached 33,806, representing a 19% growth compared to the same period in 2022.
Sunrun Q3 earnings highlights
Sunrun lowers solar growth guidance, introduces storage guidance, expects stable Q4 subscriber value. Illustration by Sunrun.
Allegations include bribing Indian officials to secure renewable energy projects worth $6 billion. (Image Credit/Source: Kelly/Pexels)
NTPC prioritizes solar over wind, limiting wind and battery projects to 10% of its renewable portfolio. (Image Credit/Source: Kelly/Pexels)
Scatec retains 13% and 12% stakes in Kalkbult, Linde, and Dreunberg solar plants after the sale to STANLIB. (Image Source: Scatec)
The financing partnership between RIC Energy and Rosemawr will fund interconnection deposits for up to 450 MW of renewable projects in NY. (Image Source: RIC Energy)