sunnova

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Daily News Wrap-Up: Draft Renewable Energy Tariff Regulations 2024

The Central Electricity Regulatory Commission has formulated the draft regulations to determine the tariff for renewable energy projects in 2024. These regulations are...

February 26, 2024

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Mercom Staff

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Daily Wrap-up
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Sunnova’s Q4 Losses Balloon as Operating and Interest Expenses Soar

U.S.-based residential solar firm Sunnova Energy‘s fourth quarter (Q4) net loss ballooned by about 800% to $187.6 million from $20.9 million last year, hurt by...

February 23, 2024

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Staff

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Finance and M&A
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Daily News Wrap-Up: Coal Ministry to Use Surplus Land for Renewable Projects

The Ministry of New & Renewable Energy (MNRE) and the Ministry of Coal have announced they would work together to promote green energy initiatives. At a meeting...

October 30, 2023

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Mercom Staff

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Daily Wrap-up
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Sunnova’s Q3 Loss Jumps 75% YoY to $56.5 Million, as Operating Expenses Mount

U.S.-based residential solar firm Sunnova reported a net loss of $56.5 million in the third quarter (Q3) of the year, an increase of 74.9% year-over-year (YoY) in...

October 27, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Sunnova’s Q2 Net Loss Hits $100 Million Amid Soaring Interest Expenses

U.S.-based residential solar firm Sunnova’s net loss widened to $100.8 million during the second quarter (Q2) of 2023, a year-over-year increase of 628.6% compared to a...

July 27, 2023

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Gautamee Hazarika

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Finance and M&A

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Solar
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Sunnova’s Q1 Net Loss Widens to $110 Million on Higher Expenses

U.S.-based residential solar firm Sunnova’s net loss widened to $110.3 million in the first quarter (Q1) of the financial year (FY) 2023 compared to the loss of $22...

April 28, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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US to Loan $3 Billion to Sunnova’s Solar Program

U.S.-based residential solar company Sunnova has received conditional approval for a partial loan guarantee of up to $3 billion from the U.S. Department of Energy’...

April 20, 2023

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Gautamee Hazarika

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Finance and M&A

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Solar
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Sunnova’s Q4 Net Loss Doubles to $61.9 Million on Higher Operating Expenses

U.S.-based residential solar company Sunnova posted a net loss of $61.9 million for the fourth quarter (Q4) of 2022 compared to $31.2 million year-over-year. The higher...

February 23, 2023

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Gautamee Hazarika

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Finance and M&A

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Rooftop

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Solar
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Increased Demand for Residential Solar Systems Boost Sunnova’s Q3 Revenue by 116%

U.S.-based residential solar company Sunnova posted a year-over-year (YoY) surge of 116% in revenue at $149.3 million for the third quarter (Q3) of 2022 compared to $68....

October 28, 2022

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Gourav Mishra

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Markets & Policy

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Solar
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Residential Solar Firm Sunnova’s Revenue Surges 121% YoY to $147 Million in Q2 2022

Sunnova, a U.S.-based residential solar company, recorded revenue of $147 million in the second quarter (Q2), a year-over-year (YoY) leap of 121% from ~$67 million last...

August 1, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Sunnova Records 59% YoY Increase in Revenue With $65.7 Million in Q1 2022

U.S.-based residential solar company Sunnova reported revenue of $65.7 million in the first quarter of 2022, a year-over-year (YoY) increase of 59% compared to $41.3...

May 2, 2022

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Gourav Mishra

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Markets & Policy

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Solar
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Residential Solar Firm Sunnova Registers a 71% YoY Jump in Revenue in Q4 2021

U.S.-based residential solar and storage service provider, Sunnova Energy International, has reported a revenue of $65 million in the fourth quarter (Q4) of 2021, an...

February 25, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Funding and M&A Roundup: DIF Capital to Acquire a 51% Stake in Solar Developer ib vogt

From: Mercom Capital Group DIF Capital Partners (DIF), an independent infrastructure investment fund manager, through its fund DIF Infrastructure VI, has reached an...

October 25, 2021

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Staff

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Finance and M&A

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Solar
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Funding and M&A Roundup: Sunnova Proposes Private Offering of $350 Million Green Bond

From: Mercom Capital Group Sunnova Energy Corporation, a wholly-owned subsidiary of Sunnova Energy, announced that it intends to offer, subject to market conditions, a...

August 9, 2021

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Staff

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Finance and M&A

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Other
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Funding and M&A Roundup: Sunnova Completes Acquisition of SunStreet

From: Mercom Capital Group Sunnova Energy International, a residential solar and storage service provider, announced that it completed the acquisition of SunStreet...

April 5, 2021

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Staff

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Other

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Renewable Energy

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