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.
13 October 2026
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 13-14 October 2026 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023, 2024 and 2025 were a sell out success and 2026 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.

Read Next

Premium
April 2, 2026
R.Power's Michał Swół speaks to PV Tech Premium about Germany's position as a leader in Europe's renewable energy auction space.
April 2, 2026
French oil and gas major TotalEnergies has signed a US$2.2 billion joint venture (JV) with the Emirati state-run renewable energy developer Masdar to jointly develop renewables across Asia.
April 2, 2026
US solar manufacturer T1 Energy has produced 2.79GW of solar modules in 2025, in line with its guidance of 2.6-3GW for the year.
Premium
April 2, 2026
Analysis: Some in the US solar industry are positioning tariffs as a silver bullet for manufacturers, but it may not be as straightforward as that.
April 1, 2026
Toyo Solar shipped 4.5GW of cells in FY2025, surpassing its full-year target, while module shipments reached 249MW.
April 1, 2026
Four giant solar ‘wings’ will provide power for the first crewed mission to the Moon in over 50 years, due to launch later today.

Upcoming Events

Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland