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Sunnova Energy said on Sunday it had filed for Chapter 11 bankruptcy protection in the United States, as the residential ...
This follows the company's struggles with mounting debt and diminishing sales prospects. Read more at straitstimes.com. Read ...
(Bloomberg) — Sunnova Energy International Inc., one of the largest US rooftop solar companies, filed for bankruptcy following struggles with mounting debt ... the nation’s biggest rooftop market.
The US clean energy industry is starting to buckle under the weight of persistently elevated borrowing costs, President ...
Sunnova has laid off more than half of its workforce, while a subsidiary from Delaware filed for Chapter 11 bankruptcy.
Sunnova is the second residential solar company to file ... faced by the industry as it struggles to cope with higher interest rates, an incentive cut in top market California and fears of subsidy ...
Clean energy’s financing struggles ... half of the market for residential solar energy,” Roth Capital Partners analyst Phil Shen wrote in a research note. The troubles for Sunnova, one of ...
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