Sunrun and SolarCity are both based in or near San Francisco and compete in many of the same markets, meaning they are both affected by the headwinds SolarCity described this week – including the “spillover effect” from Nevada’s high-profile battle over net-energy metering (NEM), which ended badly for the distributed solar industry.
But Sunrun held to its full-year deployment guidance of 285MW, even as it said it will focus “primarily” on maximising the profitability of its projects – helping to send its shares up more than 17% in after-hours trading on Thursday, to $7.20.
Separately
