10 Best Clean Energy Stocks to Buy According to Billionaires

5. Sunrun Inc. (NASDAQ:RUN)

Number of Billionaire Investors: 9

A home solar panel and battery storage company, Sunrun Inc. (NASDAQ:RUN) is America’s leading provider of clean energy as a subscription service. The company announced last summer that it is the first and only storage-plus-solar company to surpass 1 million customers, firmly establishing its position as the largest developer of residential clean energy systems in the US.

Sunrun Inc. (NASDAQ:RUN) reported an adjusted EPS of $1.41 in Q4 2024, far above the market expectations by $1.6. However, the company’s revenue of $518.5 million fell below estimates by $22.56 million. Sunrun grew its customer base by 12% during the quarter and also hit all-time highs for storage attachment rates and capacity installed. The company generated $34 million in cash in Q4 and paid down $132 million of recourse debt with excess cash.

Sunrun Inc. (NASDAQ:RUN) continues to expand its position in the energy storage industry and expects its installed storage capacity to be in a range of 265-275 megawatt hours in the first quarter of 2025, representing approximately 30% growth YoY at the midpoint. Moreover, the company aims to further bolster its balance sheet with expected cash generation to be in a range of $200 to $500 million, with a target to further pay down $100 million or more in recourse debt during the year.