Sunrun, Tesla and Renew Home Develop Virtual Power Plant with 16 GW for Hyperscalers!
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Sunrun partners with Tesla and Renew Home to provide a decentralized energy resource of 16 gigawatts for data centers and utilities. The Sunrun stock surged by 16% following the news, as the consortium already offers 300 MW in Virginia for immediate deployment. The company reported a 43% increase in revenue to $722.2 million in the first quarter, as well as a record storage attachment rate of 73%. Sunrun (RUN) is the largest provider of battery storage, solar systems, and decentralized power plants for households in the U.S., with...
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