News Article

Unprofitable Sunrun Buys Unprofitable Vivint Solar


Unprofitable residential solar lease company Sunrun (RUN) announced that it would acquire its unprofitable competitor, Vivint Solar (VSLR). Each share of Vivint stock will be exchanged for .55 shares of Sunrun's common stock. Sunrun indicated that there were great synergies between the two companies.

Comment: Remember when Tesla (TSLA) adopted Solar City, a company founded by Elon Musk's cousin? Sorry - remember when Tesla acquired money-losing Solar City and claimed strong growth and profits would follow? Great synergies. A wonderful future. Rainbows, kittens, and a profitable solar future for all.

The residential solar lease and residential PPA offers little synergy for customers, other than giving away their ITC and paying much more over time for having a solar system on their roof than they would if they bought it in the first place. Companies operating in the space need the cheapest cost of hardware (not always the best), fastest installs (not always the best), to reuse equipment when customers withdraw (including inverters), and to keep on adding customers to feed the machine.

Faber Infrastructure Launches Container-based Power Supply
Midsummer’s Solar Cells Can Reduce Truck Fuel Emissions By Up To 20 Percent
NextEnergy Capital Acquires Its First Asset In Portugal 17.4MWp Solar PV Project
Everoze Creates Skyray To Design And Engineer Great Solar PV Projects
BISOL Supreme Facing Exceptional Sales
Researchers Pinpoint Way To Improve CIGS Solar Cells
Azelio And JET ENERGY In MoU To Develop Storage Projects With Solar PV In Africa
Ingeteam Supplies Solar Inverters For PV Project Of More Than 100MW In Chile
Midsummer And Rollgum Corp Team Up To Bring Solar Roofs To The Iberian Peninsula
Luxcara Acquires Largest Independent PV Project In Germany From BELECTRIC
Dr Armin Froitzheim Becomes SOLARWATT Chief Technology Officer
EnBW Chooses Delta Inverters For 2.62 MWp Solar Farm In Kenzingen
Sunstore Solar Launches WattGrid, A New Range Of Turnkey Off-grid Power Systems
A Promising Boost To Kesterite Solar Cells
BayWa R.e. Sells Subsidy-free Solar Farm In Spain To Commerz Real’s Impact Fund Klimavest
New Energy Scout GmbH Becomes Part Of Basler & Hofmann AG
EnergyLink3 And C4V Lead Tesla In Race To Less Toxic Mobile Battery Solution
Solar Power As Rental Offer Launched By Aggreko
What Role Can Solar Energy Play In Enabling A Better Future And Meeting The UN Sustainable Development Goals?
ENGIE And Kiwi Power Enter Netherlands’ Grid Flexibility Market
New Innovation Set To Change Renewable Energy Market
UK'S Largest Battery Ready To Balance The Grid
Sonnedix Named ESG Global Solar Power Generation Sector Leader By GRESB
SunBrush Mobil Delivers Its New Cleaning Device For PV Tracking Systems To Chile

Search the news archive

To close this popup you can press escape or click the close icon.
Register - Step 1

You may choose to subscribe to the Solar + Power Magazine, the Solar + Power Newsletter, or both. You may also request additional information if required, before submitting your application.

Please subscribe me to:


You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in: