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Stock impact report

Spruce Power Partners with Treehouse to Accelerate Expansion into Home Battery Storage, Opening a New Avenue of Growth

Spruce Power Holding Corporation Class A (SPRU) 
Company Research Source: Business Wire
- Marks Spruce’s Entry into the Next Frontier of Distributed Energy- Pairs Nationwide Solar Scale with Electrification Installation Platform- Accelerates Adoption of Home Battery Storage. DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU), a leading owner and operator of distributed residential solar energy assets across the United States, today announced a strategic partnership with Treehouse, a software-enabled installation platform for electrification projects, to accelerate Spruce’s expansion of offerings into the rapidly growing home battery storage (BESS) market. The partnership builds on the company’s Spruce Pro servicing platform, extending its reach beyond solar into battery energy storage.Strategic HighlightsExpands Total Addressable Market: Enters the rapidly scaling home battery storage market, one of the fastest-growing sectors in clean energy.Capital-Light Growth Model: Monetizes Spruce’s existing solar fleet through battery upgrades without requir Show less Read more
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