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Sunrun Surges Over 30% on Tesla Deal to Supply Power for AI

Sunrun Surges Over 30% on Tesla Deal to Supply Power for AI
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Sunrun Surges Over 30% on Tesla Deal to Supply Power for AI Sunrun Inc.’s stock jumped as much as 31% after the home solar provider announced it will partner with Tesla Inc. and Renew Home to provide power for data centers and utilities across the US. The companies said Wednesday the agreement will establish a platform to provide 16 gigawatts of electricity — enough to power about 12 million US homes — by aggregating hundreds of thousands of home batteries operated by Sunrun and Tesla and 8...

Sunrun Surges Over 30% on Tesla Deal to Supply Power for AI Sunrun Inc.’s stock jumped as much as 31% after the home solar provider announced it will partner with Tesla Inc. and Renew Home to provide power for data centers and utilities across the US. The companies said Wednesday the agreement will establish a platform to provide 16 gigawatts of electricity — enough to power about 12 million US homes — by aggregating hundreds of thousands of home batteries operated by Sunrun and Tesla and 8 million thermostats managed by Renew Home.
Sunrun (ORG) Tesla (ORG) Supply Power (ORG) AI Sunrun Inc.’s (ORG) Tesla Inc. (ORG) Renew Home (ORG) US (LOCATION)
Originally published by Bloomberg Markets Read original →