Sunnova secures US$300 million equity from Energy Capital Partners

March 22, 2016
Facebook
Twitter
LinkedIn
Reddit
Email
Sunnova aims to continue its growth in the residential solar sector. Twitter: Sunnova Energy

US-based residential solar firm Sunnova Energy has secured US$300 million from private equity firm Energy Capital Partners (ECP) to continue its growth in the residential solar sector.

Sunnova chief executive William Berger said: “Our focus on profitable, scalable growth and a well-capitalized company have established Sunnova as a clear leader in the rapidly growing solar power economy.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

“We remain committed to our national network of local channel partners and our distributed origination and fulfillment model. We also look forward to working with ECP in order to leverage their tremendous experience in both national and global power markets.”

16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2028 and beyond.

Read Next

January 8, 2026
ENGIE and Ampion added new solar capacity, Reactivate plans to build on landfill sites and Pivot has completed the first phase of a portfolio.
January 8, 2026
US renewables developer Adapture Renewables has secured US$233 million in tax equity from US Bank to support its 441MW Titanium solar PV project portfolio.
January 8, 2026
Solar manufacturing major Canadian Solar is looking to raise US$200 million in convertible senior note sales to support its US manufacturing operations
January 8, 2026
SunPower and the REC Group have unveiled a new 470W solar panel, dubbed 'Monolith', which is designed for use in the US residential sector.
January 7, 2026
Japanese cell and module manufacturer Toyo Solar has secured a supply agreement to source US-made polysilicon capacity.
January 7, 2026
Investor HASI and residential solar and storage developer Sunrun have announced a joint venture to finance 300MW of renewable energy capacity.

Upcoming Events

Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
November 24, 2026
Warsaw, Poland