Sunrun (Nasdaq: RUN) delivered its Q2, 2024 earnings, meeting analyst expectations for revenue and providing promising guidance for cash generation in 2025. The residential solar and energy storage provider reported $524 million in revenue for the quarter, in-line with Wall Street expectations. The company also delivered a surprise earnings per share of $0.55, up from the expected loss ($0.40). Sunrun added 26,687 customers in Q2 and annual recurring revenue from subscribers was approximately $1.5 billion. Net earning assets increased to $5.7 billion, including over $1 billion in total cash. Sunrun also closed an $886 million securitization of residential solar/battery systems. The firm has installed over 116,000 solar and storage systems, representing nearly 1.8 GWh of stored energy capacity.

Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating







