Sunrun to Buy Up to 100 Megawatts of REC Solar Panels

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Sunrun Inc., a closely held provider of rooftop power systems, agreed to buy as much as 100 megawatts of panels from REC Solar ASA, ensuring its supply amid concerns of a looming shortage.

Sunrun agreed to purchase from 50 megawatts to 100 megawatts of REC’s panels next year, the San Francisco-based developer said today in a statementBloomberg Terminal. Terms weren’t disclosed.