Sunrun CEO Mary Powell Named a 2024 Forbes’ Sustainability Leader

Rhea-AI Summary

Sunrun CEO Mary Powell has been named to Forbes' inaugural list of Sustainability Leaders, recognizing 50 global leaders driving a sustainable future through innovation and impact. This honor follows Sunrun becoming the first solar-plus-storage company in the U.S. to surpass 1 million customers.

Powell's leadership has transformed Sunrun into a multi-product clean energy lifestyle company, adding over 400,000 customers in three years and increasing battery storage installations by 400%. Under her guidance, Sunrun installs approximately 1 gigawatt of distributed home solar annually.

The recognition highlights Powell's vision for reducing fossil fuel dependence and strengthening the grid with customer-focused, distributed clean energy solutions. Forbes' list launches in conjunction with its third annual Sustainability Leaders Summit during New York's Climate Week.

Forbes honors Sunrun CEO for her vision and inspiration to reduce fossil fuel dependence while strengthening the grid with customer-focused, distributed clean energy solutions

SAN FRANCISCO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, announced today that CEO Mary Powell has been named to Forbes’ inaugural list of Sustainability Leaders. The list highlights 50 of the world’s most inspiring leaders who are catalyzing a sustainable future through innovation and impact.

Powell’s recognition by Forbes comes on the heels of Sunrun becoming the first and only solar-plus-storage company in the U.S. to surpass 1 million customers.

“I am honored to join a group of leaders dedicated to innovating and driving a more customer centric sustainable future,” Powell said. “The customer-led, clean energy revolution is accelerating, but we must act faster to improve lives and mitigate the dangerous effects of extreme weather and increasing grid failures. Helping Americans generate, store, and use their own energy is critical to providing people with a more reliable and resilient way to power their homes and lives while also stabilizing the grid for everyone.”

Powell is a transformative leader reshaping America's energy landscape toward a more affordable, cleaner, and sustainable future. With extensive experience as the former CEO of Green Mountain Power (2008-2019) and now as CEO of Sunrun since 2021, her leadership spans both traditional utilities and renewable energy. Her unique expertise and vision on energy issues uniquely position her on Forbes’ first-ever Sustainability Leaders list.

Under her leadership, Sunrun has rapidly evolved into a multi-product clean energy lifestyle company, adding over 400,000 customers in the last three years to surpass the 1 million customer milestone, installing approximately 1 gigawatt of distributed home solar annually, and increasing battery storage installations by 400%, from 23,000 to over 116,000. Sunrun’s storage-first approach has empowered customers to maximize their solar energy use, contribute stored energy back to the grid, and maintain power during grid outages.

Powell’s leadership has earned her numerous accolades, including Utility Dive’s 2019 Executive of the Year and a spot on Fast Company’s list of the 100 Most Creative People. Her board positions further reflect her commitment to advancing sustainable energy solutions.

Forbes’ list launches in conjunction with its third annual Sustainability Leaders Summit on September 24 during New York’s Climate Week. The list recognizes and celebrates leaders who are tackling climate change through bold, scalable solutions, mobilizing technology, and advancing policies that are crucial for our planet's future. The full list can be viewed here.

About Sunrun
Sunrun Inc. (Nasdaq: RUN) revolutionized the solar industry in 2007 by removing financial barriers and democratizing access to locally-generated, renewable energy. Today, Sunrun is the nation’s leading provider of clean energy as a subscription service, offering residential solar and storage with no upfront costs. Sunrun’s innovative products and solutions can connect homes to the cleanest energy on earth, providing them with energy security, predictability, and peace of mind. Sunrun also manages energy services that benefit communities, utilities, and the electric grid while enhancing customer value. Discover more at www.sunrun.com

Media Contact
Wyatt Semanek
Director, Corporate Communications
press@sunrun.com

Investor & Analyst Contact
Patrick Jobin
SVP, Deputy CFO & Investor Relations Officer
investors@sunrun.com

FAQ

What achievement did Sunrun (RUN) recently reach?

Sunrun recently became the first and only solar-plus-storage company in the U.S. to surpass 1 million customers.

How many customers has Sunrun (RUN) added in the last three years?

Sunrun has added over 400,000 customers in the last three years.

What is the annual distributed home solar installation capacity of Sunrun (RUN)?

Sunrun installs approximately 1 gigawatt of distributed home solar annually.

How much has Sunrun (RUN) increased its battery storage installations?

Sunrun has increased its battery storage installations by 400%, from 23,000 to over 116,000.

When did Mary Powell become CEO of Sunrun (RUN)?

Mary Powell became CEO of Sunrun in 2021.