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July 7, 2020

Sunrun buys Vivint Solar for $3.2B

The consolidation of the top two residential solar companies in the U.S. comes as both companies have adapted to growing demand in the distributed solar sector. Sunrun offers energy storage and grid services, working with utilities and grid operators on virtual power plants that combine distributed energy systems. Sunrun expects to offer battery storage to the combined base of nearly 500,000 solar customers.

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