Published on: 2025-11-03 20:29:20
Solar installer Sunnova issued a “going concern” warning as the company runs short on cash. The stock is currently down around 68% as investors gauge the risk that Sunnova is headed for bankruptcy, a frequent outcome for companies that issue such warnings. In a bid to stave off insolvency, Sunnova said Monday it is planning to refinance debt, raise new debt, and cut expenses. Houston-based Sunnova is one of the largest solar installers in the U.S., bringing in $840 million in revenue last year
Keywords: industry million solar sunnova year
Find related items on AmazonPublished on: 2025-11-05 06:26:00
6.5 Sunnova Buy at Sunnova Like 25-year service guarantee 25-year service guarantee Lots of financing options Lots of financing options Customer-centered approach Don't like No price match No price match Possible customer service concerns per the BBB Editor's Note: In 2025, Sunnova became the latest victim of the solar coaster: the famous ups and downs that buffet the solar industry. In February, the company shed 300 positions, or more than 15% of its workforce. In March, it released a repor
Keywords: company panels service solar sunnova
Find related items on AmazonPublished on: 2025-11-05 12:03:00
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 that's insufficient to meet its obligations and fund operations. "While total cash increased, unrestricted cash remained relatively flat, below our estimated $100 million increase," said John Berger, Sunnova's founder and CEO. "This miss was primarily due to lower tax equity contributions stemming fr
Keywords: cash obligations solar sunnova tax
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