The nearly two-year-old company has already installed systems on more than 300 rooftops in California, and Thursday's funding announcement will enable it to ramp up expansion.

"The reason solar is not on more homes is because it's been expensive and has been a hassle," SunRun President and Chief Operating Officer Nat Kreamer said in an interview. "We're really well positioned with this announcement to bring solar to a much broader audience."

Given that the global financial crisis has choked off funding for many alternative energy start-ups, Kreamer also said the move by U.S. Bancorp was "a great vote of confidence in renewable energy."

Earlier this year, San Francisco-based SunRun raised $12 million from venture capitalists including Foundation Capital.

(Reporting by Nichola Groom; Editing by Gary Hill) Keywords: SUNRUN/

(nichola.groom@thomsonreuters.com; +1-213-955-6755; Reuters Messaging: nichola.groom.reuters.com@reuters.net)

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Mr Henson joined BB&T in 1985 and has served as CFO since 2005. He previously served as assistant CFO, president of BB&T's Georgia operations and president of BB&T community bank regions based in Atlanta and Virginia's Hampton Roads area.

As COO, Mr Henson will be responsible for risk management and administrative services, operations, deposit services, marketing, electronic delivery and all fee-based financial services subsidiaries.

Mr Bible joined BB&T in January 2008 after a 24-year career with US Bancorp, the last 10 years as treasurer. As CFO, he will oversee treasury, investor relations, capital planning and shareholder reporting, enterprise spend management, management accounting, strategic planning and corporate finance, corporate tax, accounting and financial reporting, and value improvement.

Mr King said: "These moves position our executive management team and our company for what we believe is a very bright future. Chris and Daryl are both proven leaders who, along with the rest of our management team, provide the necessary foundation to continue to build on our legacy as a solid and stable financial institution."

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Since 1994, Mr Boyers has held a number of positions at US Bank. He started his banking career with Mark Twain Bank, which is now part of US Bank, as a commercial lender.

He later took a position as an affordable housing and historic tax credit specialist with the organization in 1998. Since 2003, he has served in a senior management role leading the historic and new markets tax credit investments product division of the CDC.

Terrance Dolan, executive vice president of US Bancorp, said: "Zack's dedication and commitment has helped USBCDC become one of the largest new markets tax credit investors in the country. USBCDC has grown significantly over the past four years, from $1 billion to $5 billion in assets under the entire leadership team that we have in place and Zack has been a very important element of this growth."

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