sunnova

Demand is soaring in the US for residential solar and storage, driven by a desire for energy resilience and sustainability, but traditional utilities are hampering progress.

Residential solar installer Sunnova more than doubled its revenue in the third quarter of 2022, while its net loss increased as well.

US residential solar installer Sunnova has applied to the California Public Utilities Commission (CPUC) to develop a “first-of-its-kind” solar and storage focused “micro-utility” in the state.

US residential solar installer Sunnova plans to offer a US$425 million private placement of convertible senior notes due in 2028, to pay off debts and fund operating costs.

Residential installer Sunnova continues to reduce its net loss while recording its best quarter in terms of sales during the second quarter.

US residential solar installer Sunnova is to launch an energy plan aimed at providing new customers with discounts on utility power prices.

US residential solar installer Sunnova continues to reduce its net loss in the first quarter of 2022, despite increasing its revenue due to a higher demand of additional energy services.

unnova continued to reduce net losses in the closing quarter of 2021 despite interconnection delays in late December, helping reduce the company’s net loss year-on-year.

Sunnova Energy and Generac Power Systems are expanding their strategic partnership, with Sunnova now able to offer its customers Generac’s newly updated technology to its current suite of offerings, which will include energy storage units and for the first time, standby home generators, microinverters, and load managers.

US residential solar company Sunnova Energy and home security firm Brinks Home have entered into an exclusive partnership that will allow Brinks Home dealers to offer its customers Sunnova’s portfolio of products, and vice versa, in the second such arrangement this week