11 Best Renewable Energy Stocks To Buy Now

5. Sunrun Inc. (NASDAQ:RUN)

Number of Hedge Fund Investors: 43

Sunrun Inc. (NASDAQ:RUN) is one of the largest residential solar and battery storage companies in the United States. The company specializes in solar panel installations, energy storage systems, and energy services, offering these through long-term subscription-based leases, power purchase agreements (PPAs), and direct sales.

Sunrun Inc. (NASDAQ:RUN) is focusing on expanding its network of strategic partnerships to integrate residential solar energy systems with the broader electric grid, turning homes into smart, controllable load resources. The company has launched 16 grid service programs across the country, with over 20,000 customers participating. One of the most notable recent partnerships is with Orange and Rockland Utilities (O&R), a subsidiary of Consolidated Edison, Inc. Together, they have successfully activated New York’s largest residential power plant, a distributed energy system using over 300 solar-plus-storage systems. Sunrun Inc. (NASDAQ:RUN) is also expanding its reach by offering free or heavily discounted home batteries to customers participating in the 10-year program.

Sunrun Inc. (NASDAQ:RUN) is investing in new technologies and services to stay at the forefront of innovation. The company is developing advanced battery storage solutions, smart grid management tools, and integrated energy management platforms. These technologies not only improve the efficiency and reliability of its systems but also enhance the user experience by making energy management more intuitive and accessible. For instance, the company’s virtual power plants are equipped with sophisticated software that optimizes energy usage and distribution, ensuring that stored solar power is used effectively during peak demand times.