by Kevin Tidmarsh
The US-based solar energy company Sunrun, which claims to have “the second largest fleet of residential solar energy systems” in the country [http://fortune.com/2015/06/26/sunrun-ipo-solar-silicon-valley/], has announced that it has secured funding that points to a bright future for the company. While the market for solar energy is still nascent, Sunrun has done rather well for itself – especially given tighter state regulations and the financial difficulties of the renewable energy industry. But in spite of new regulations in the famously sunny state of Nevada that forced the company to withdraw operations from the state, the company is feeling good about its prospects and future – in no small part due to the company’s recent announcement that they have closed $250 million of senior secured credit facilities for its future growth [http://www.forbes.com/sites/peterdetwiler/2016/02/03/sunruns-250-million-in-financing-a-positive-sign-for-distributed-solar/#11aad2306cbc]. Continue reading