Sunnova Energy International Inc Stock News

Why Sunnova Energy Stock Leaped 23% Higher Today

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA), an industry-leading adaptive energy services company, announced it was selected by the Penobscot Nation to deploy a half megawatt battery energy storage system (BESS) for the tribe's community and commerce facilities. This BESS will improve the resilience of Maine's electrical grid to better withstand extreme...

Uncertainty around clean energy incentives and rising interest rates punished these clean energy leaders.

A new presidential administration could bring headaches for renewable energy.

Green energy stocks are selling off post-election. Is this a buying opportunity?

Solar stocks are selling off as clean energy investors worry Donald Trump is on a path to win the U.S. presidential election. Traders are worried that Trump could repeal the Inflation Reduction Act if Republicans manage to secure unified control of government.

Nuclear energy news helped solar energy for once.

Sunnova is one of the leading companies in the residential solar PV system market, along with Sunrun and Tesla. It reported 16.97% YoY growth in the first 9 months of FY24, but margins remain extremely negative. The business model requires a large amount of capital, leading to debt surpassing the $8 billion threshold as of September 2024, exceeding more than 10x the market cap.