AEE: Credit Suisse invests in Sunrun to install residential solar

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AEE co-founder Hemant Taneja joined CNBC's Squawk Box to discuss taking advantage of abundant natural resources and future investment in the advanced energy sector.

Credit Suisse has invested $200 million dollars in supporting installation of residential solar panels. Sunrun's financing model, which allows homeowners to install systems without upfront cost, has proven broadly successful. Sunrun has more than 24,000 customers in ten states. Marketwatch reports:

"Commitment from a new financier highlights the strength and significance of our solar power service model," said Sunrun co-Founder and CEO Edward Fenster. "This partnership helps support Sunrun's explosive growth as we give more Americans access to affordable clean power."

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