Wednesday, February 26, 2025

Sunrun and solar energy have promise and pitfalls

Sunrun operates as a leader within an eco-friendly industry that generated $50bn (£36.91bn) in revenue in 2019 and could represent more than $200bn by 2026.It also turns in a quarter with growth across the board (up 109% year-over-year), subscriber additions and escellent all-around performance a year after purchasing its chief rival.Does this sound like an enterprise with stock trading near a 52-week low, that has lost over 60% of its value in the past year and had its CEO and COO step down?Such is the case for solar energy leviathan Sunrun (RUN) that has a strong market position in a sector brimming with potential.Dampening factorsRisks from the company’s bottom line to the top level of the US government have contributed to the uncertainty surrounding the company and the solar energy industry as a whole. Sunrun is hardly alone in its struggles, as Sunnova International…

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