Sunrun Energizes Executive Team, Names Audrey Lee, PhD, as VP of Grid Services to Bolster Company’s Leadership in Solar Innovation
Industry Expert Brings Rich Experience in Energy Storage, Underscoring Company’s Commitment to Grid Services
SAN FRANCISCO, June 21, 2017 (GLOBE NEWSWIRE) -- Sunrun Inc. (Nasdaq:RUN), the largest dedicated residential solar, storage and energy services company in the United States, is pleased to announce today it has expanded its management team with the hire of Audrey Lee, PhD as Vice President of Grid Services. The hire further advances the company’s commitment to working with utilities to modernize America’s energy infrastructure.
Sunrun previously announced its partnership with National Grid, a leading international utility, to explore opportunities to utilize local rooftop solar and home batteries to create leaner, cleaner and less costly grid infrastructure. Dr. Lee will lead this effort and work with other energy partners to bring utilities and the wholesale energy market innovative solutions to meet the needs of the grid more efficiently than fossil fuels.
"We are thrilled to have Audrey Lee lead Sunrun’s efforts to modernize America's utility grid with our growing solar and storage resources,” said Lynn Jurich, CEO of Sunrun. “Sunrun is bringing investment and innovation to distributed energy to make it a cost effective option for utilities, just as it is for millions of American homeowners today."
Lee recently served as Vice President of Analytics and Design with Advanced Microgrid Solutions, where she was the first company hire in 2014. Since then, she built and led teams consisting of product managers, analysts, software developers, data scientists and engineers. Additionally, she led pre-sales analytics, product management and engineering to negotiate and achieve $18 million in Series A corporate fundraising, as well as a $200 million project finance raise – the largest dedicated energy storage finance vehicle in history.
Prior to Advanced Microgrid Solutions, Dr. Lee also worked with the U.S. Department of Energy, California Public Utilities Commission and Massachusetts Department of Energy Resources, developing regulatory structures to promote energy innovation.
“For the last 10 years, Sunrun has demonstrated an unwavering commitment to rooftop solar by continually innovating and leading the industry to lower costs and increase accessibility to homeowners across the country,” Dr. Lee said. “I look forward to working at Sunrun, to further the mission of creating a planet run by the sun by working with utilities to harness the power of distributed energy resources in meeting our grid’s energy needs.”
Dr. Lee joins a growing list of talented female executives at Sunrun including CEO Lynn Jurich, General Counsel Mina Kim, Chief Policy Officer Anne Hoskins and Vice-President of Customer Operations Carla Stewart.
Sunrun (Nasdaq:RUN) is the nation’s largest dedicated residential solar, storage and energy services company with a mission to create a planet run by the sun. Since establishing the solar as a service model in 2007, Sunrun leads the industry in providing clean energy to homeowners with little to no upfront cost and at a savings to traditional electricity. The company designs, installs, finances, insures, monitors and maintains the systems, while families receive predictable pricing for 20 years or more. The company also offers Sunrun BrightBox™ solar power generation with smart inverter technology and home battery storage. For more information, please visit: www.sunrun.com.
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Released June 21, 2017