Sunrun Inc. (RUN) stock is surging after reports surfaced that the company is in talks to provide solar power to data centers. This potential collaboration comes at a time when big tech companies are scrambling to meet the massive energy demands of artificial intelligence (AI). The move could be a major boost for Sunrun, opening up a new market for its solar solutions.
Sunrun Inc. (RUN) is seeing its shares rise after announcing a nationwide partnership with Toll Brothers Inc. (TOL). This collaboration makes Sunrun the exclusive provider of solar energy and storage for all Toll Brothers homes in California, offering homeowners a clean and reliable energy source.
Shares of Sunrun Inc (RUN), SolarEdge Technologies Inc (SEDG), and Sunnova Energy International Inc (NOVA) fell in extended trading Tuesday, following the disappointing earnings report from Enphase Energy Inc (ENPH). Enphase reported lower-than-expected quarterly revenue and earnings, attributed to declining US demand and inventory management. The company’s weak guidance added to the selling pressure after hours. Sunnova, Sunrun, and SolarEdge are scheduled to release their quarterly results in early May, and analysts expect mixed performances.
