This Home Solar Company Is Rising to Shine on Investors

Sunrun (NASDAQ: RUN), a home solar, battery storage, and energy services company, has lost more than half its value since reaching itsall-time high in January -- but it looks like the company's cloudy days may be over.

After acquiring its largest competitor last year, the nation's leading home solar provider is smartly positioned to capitalize on rising utility rates, accelerating electric vehicle adoption, increased environmental awareness, and a Presidential admistration that is prioritizing sustainable energy and infrastructure investment.

The renewable energy industry has grown substantially since 2016, and that trajectory is expected to continue for decades to come. By 2020, renewables made up 21% of the electricity generated in the United States, according to the U.S. Energy Information Adminstration. The agency projects that percentage will rise to 42% by 2050, driven largely by solar and wind.

Source Fool.com