Sunnova earnings dip, unrestricted cash grows as it mends balance sheet
Sunnova Energy International, a residential solar, storage, and adaptive services company, announced declining revenues and an increased focus on cash generation in its Q1 2024 earnings report.
Sunnova becomes exclusive solar provider at Home Depot stores
Over 2,000 locations will host Sunnova representatives helping customers start their inquiry into solar, storage, and home energy management.
Reducing cost of residential solar financing with virtual power plants
Solrite Energy says its new power purchase agreement has more agreeable finance terms due to the ability of distributed solar-plus-storage to make money as part of a virtual power plant.
Sunrise brief: Arizona proposes solar power export tax
Also on the rise: Solar power purchase agreement prices rise 15% year-over-year. Maine blueberry grower goes solar. And more.
Sunrise brief: Winners of pv magazine awards 2023
Also on the rise: U.S. House Energy Committee expresses outrage over solar sales tactics. Trends in U.S. grid-scale energy storage. And more.
U.S. House Energy Committee expresses outrage over solar sales tactics
Committee sent a letter to Jigar Shah’s Loan Program Office asking questions about Sunnova’s sales tactics and customer support, in light of their recently granted $3 billion VPP guaranteed loans.
Unprecedented solar and storage growth on horizon with record installations and investments
The Inflation Reduction Act and Bipartisan Infrastructure Law mark an epochal shift in the landscape of clean energy policy, heralding a new era for the solar and energy storage sectors in the U.S.
Sunrise brief: American Battery Factory breaks ground on $1.2 billion Arizona gigafactory
Also on the rise: TotalEnergies adds a 280 MW Texas solar facility to its portfolio. Sunnova misses on Q3 earnings, posts sunny forecast for 2024. And more.
Sunnova misses on Q3 earnings, posts sunny forecast for 2024
The energy-as-a-service provider had more losses than the expected consensus, but its stock rose based on an optimistic view for 2024.
Sunrise brief: Solar wafer prices fall for first time in three months
Also on the rise: California ends summer with 5 GW energy storage record. Sunnova secures $3 billion Department of Energy loan. And more.
