Residential solar company Sunnova Energy filed for bankruptcy Sunday, June 8, after laying off more than half its employees the previous week. The Houston-based company cited mounting debt and ...
Monica Carter’s solar panel system was turned off three years ago by CPS Energy. She was stuck with a loan of more than $70k ...
HOUSTON--(BUSINESS WIRE)--Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA), an industry-leading adaptive energy services company, announced today a strategic partnership with OpenSolar, a ...
Another day, another big solar installer faces bankruptcy. This time, the latest company to face the "solar coaster" is Sunnova Energy International, which is looking down the barrel at a cash flow ...
Sunnova and Sunrun rely on Asset Backed Securitizations to fund operations, but in my opinion, this model is unsustainable in a high interest rate environment. Sunnova and Sunrun focus on solar ...
(Reuters) -Sunnova Energy said on Wednesday that it has agreed to sell a portion of its residential solar installation business to Omnidian for $7 million in cash, along with the assumption of certain ...
Green workers install a residential grid-tied solar array on a hillside in Malibu, California, USA. Credit - Universal Images Group via Getty—Peter Bennett When I had lunch with then-Sunnova CEO John ...
Sunnova Energy International said Monday it has “substantial doubt” it can stay in business in the next year, putting a spotlight on challenges facing the solar industry as the fate of key tax credits ...
Sunnova Energy, a leading rooftop solar and battery storage company based in Houston, has laid off more than 15% of its workforce. Nearly 300 positions were eliminated in the layoffs effective Monday, ...
Long-term interest rates continue to rise. Investors are increasingly uncertain about clean energy incentives remaining in place following Trump's election. Both factors are major headwinds for these ...
HOUSTON--(BUSINESS WIRE)-- Sunnova Energy International Inc. (NOVA), a leading adaptive energy services company, unveiled a solar and battery storage-integrated, Zero Energy Ready Home (ZERH) at ...
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