Sunrun CEO Mary Powell Named to the 2024 TIME100 Climate List of Most Influential Leaders In Climate

Rhea-AI Summary

Sunrun CEO Mary Powell has been named to the TIME100 Climate list for 2024, recognizing influential leaders driving business climate action. Under Powell's three-year leadership, Sunrun has added over 400,000 new customers and achieved a 500% increase in battery installations with 112,000 new storage customers. The company has generated approximately 21 billion kilowatt-hours of solar energy, helping avoid nearly 10 million metric tons of carbon emissions. Sunrun has become the first residential storage-plus-solar company to reach over 1 million customers, expanding its share of U.S. residential storage installations through a strategic shift to a storage-first model.

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• Achieved 500% increase in battery installations with 112,000 new storage customers
• Added over 400,000 new customers in three years
• Generated 21 billion kilowatt-hours of solar energy
• Reached milestone of 1 million customers
• Expanded market share in residential storage installations

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• None.

TIME recognizes Sunrun CEO for impactful climate leadership, advancing residential clean energy adoption to reduce fossil fuel usage and strengthen the nation’s energy grid

SAN FRANCISCO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, today announced that CEO Mary Powell has been named to the TIME100 Climate list for 2024. The annual list recognizes the world’s most influential leaders driving business climate action.

“I am honored to be recognized alongside so many inspiring leaders who deeply care about the future of our planet and put action behind their words,” said Sunrun CEO Mary Powell. “I am so proud of the Sunrun team’s work to accelerate the customer-led revolution to a more affordable, resilient, and energy independent future for Americans. I look forward to deepening our work toward a cleaner energy system with customers, partners, and policymakers. There’s no time to waste!”

During Powell’s three-year tenure at Sunrun, the company has rapidly grown its impact, adding over 400,000 new customers and achieving a nearly 500% increase in battery installations with 112,000 new storage customers. This growth has contributed to generating approximately 21 billion kilowatt-hours of solar energy, helping to enable the avoidance of nearly 10 million metric tons of carbon emissions from entering the atmosphere.

“Mary is a proven innovator with an ambitious energy vision that's fueled by her love of people and the planet,” said Colby Hastings, Director of Residential Energy at Tesla. “During her time as a utility executive, she was one of the first to embrace new technologies like Tesla Powerwall and push boundaries in the energy system to create a more resilient, affordable grid. She has also been a key force behind Sunrun and Tesla’s continued collaboration, driving towards the vision that home storage and solar can offer families a better energy experience while providing a cleaner future for everyone.”

Powell’s focus on customer obsession and creating a differentiated customer experience in home energy has helped Sunrun become the first residential storage-plus-solar company to reach over 1 million customers. Her strategic shift to a storage-first model has enabled Sunrun to continue to expand its share of all residential storage installations in the U.S. and positioned the company to lead on creating a more economical and sustainable grid for all.

“Mary has long been a transformative figure in the energy industry, driving incredible momentum toward her mission for Sunrun to deliver resilient, affordable clean energy to millions of families across the country,” said Alan D. Ferber, Lead Independent Director on Sunrun’s Board of Directors. “Her vision at Sunrun has always been to connect households to the cleanest energy on earth by becoming a multi-product, clean energy lifestyle company—a vision that creates meaningful benefits for families, communities, and grid operators.”

Powell’s leadership has earned her numerous accolades, including being named to Forbes’ 50 Sustainability Leaders 2024 list, Utility Dive’s 2019 Utility Executive of the Year, Fast Company’s 100 Most Creative People and Fast 50 Leaders in America lists, and the prestigious Rachel Carson Award for environmental impact.

See the full list: https://time.com/time100-climate

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 achievements led to Sunrun (RUN) CEO Mary Powell being named to TIME100 Climate list 2024?

Powell led Sunrun to add 400,000 new customers, achieve 500% growth in battery installations, and reach over 1 million total customers while generating 21 billion kilowatt-hours of solar energy.

How many new storage customers did Sunrun (RUN) add under Mary Powell's leadership?

Sunrun added 112,000 new storage customers, representing a 500% increase in battery installations during Powell's three-year tenure.

How much carbon emissions has Sunrun (RUN) helped avoid as of 2024?

Sunrun has helped avoid nearly 10 million metric tons of carbon emissions through its solar energy generation.