SunRun - Tax Refunds Further Propel Business for Solar Provider!
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Business drivers: SunRun (RUN) specializes in solar systems and battery storage for residential homes. Recently, like many other stocks in the solar and wind energy sector, SunRun came under increased pressure due to the cuts in tax incentives and subsidies for renewable energy projects announced by the US administration. However, with the newly revised regulation that small facilities with a capacity of up to 1.5 MW will continue to receive tax support, the outlook for SunRun has significantly improved. On August 18, RBC Capital upgraded...
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