CSIMarket Company Name, Ticker, Industry, else..
 
Sunnova Energy International Inc   (NYSE: NOVA)
Other Ticker:  
 
    Sector • Utilities    Industry • Electric Utilities
   Industry • Electric Utilities
   Sector • Utilities
 
Price: $0.2100 $0.00 -0.143%
Day's High: $0.22 Week Perf: -7.33 %
Day's Low: $ 0.19 30 Day Perf: -48.78 %
Volume (M): 6,965 52 Wk High: $ 13.00
Volume (M$): $ 1,463 52 Wk Avg: $4.95
Open: $0.20 52 Wk Low: $0.19



 Market Capitalization (Millions $) 26
 Shares Outstanding (Millions) 124
 Employees 400
 Revenues (TTM) (Millions $) 840
 Net Income (TTM) (Millions $) -448
 Cash Flow (TTM) (Millions $) 54
 Capital Exp. (TTM) (Millions $) 1,643

Sunnova Energy International Inc
Sunnova Energy International Inc is a leading provider of residential solar and energy storage services in the United States. The company was founded in 2012 and is headquartered in Houston, Texas.

Sunnovaes primary business model is leasing solar panels and energy storage systems to homeowners. This means that customers do not have to pay the upfront cost of purchasing and installing solar panels on their homes. Instead, they pay a monthly fee to lease the equipment and receive solar-generated electricity. Sunnova handles all the installation, maintenance, and repair of the equipment for the duration of the lease.

Sunnova differentiates itself from other residential solar providers by offering a customizable energy plan that includes energy storage. This means that customers can store excess solar-generated energy during the day and use it at night or during power outages. This reduces their reliance on the grid and provides a more resilient source of energy.

Sunnovaes business operates in 23 states and represents over 80,000 homeowners. The company continues to expand its footprint and recently entered new markets such as Florida and Hawaii. Sunnova's solar energy system is scalable, and it offers a variety of installation options suitable for most homes.

Aside from leasing solar equipment, Sunnova also offers a range of solar financing options, including cash purchases and loans. That said, the company plans to expand into new areas by offering additional energy services to its customers, including home batteries, home EV charging, energy efficiency upgrades, and more.

In summary, Sunnova is one of the leading residential solar providers in the U.S, offering solar leases, energy storage, and other energy solutions to homeowners across the nation. The company operates in 23 states and continues to expand its services and products to meet the evolving needs of its customers.


   Company Address: 20 East Greenway Plaza, Suite 540 Houston 77046 TX
   Company Phone Number: 892-1588   Stock Exchange / Ticker: NYSE NOVA


   

Stock Performances by Major Competitors

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Business Update

Sunnova Receives Continued Listing Notice from NYSE

Published Sun, Apr 6 2025 12:05 AM UTC

Sunnova Energy Faces NYSE Compliance Challenges Amidst Record Performance During Hurricane BerylSunnova Energy International Inc. (NYSE: NOVA) is grappling with regulatory challenges following a notification from the New York Stock Exchange (NYSE) regarding non-compliance with its continued listing standards. On April 1, 2025, the company received a letter indicating that i...
Sunnova Energy International Inc

Sunnova Energy's Q3 2024: Soaring Revenue But Profitability Remains Just Out of Reach

As we analyze the recent financial results of Sunnova Energy International Inc., the picture painted is not one of unbridled optimism but rather a stark reminder of the challenges the company faces in a competitive market. Despite posting a revenue increase, the troubling growth in net losses and a significant decline in stock performance relative to market indices raise red flags for investors. Deteriorating Profitability Despite Revenue GrowthSunnova's recent fiscal period reported a concerning increase in net shortfall, with losses escalating to $-150.324 million, a substantial leap from the $-56.463 million reported a year ago. This trend signals not only a deeper financial hole for the company but also highlights growing inefficiencies and escalating operational costs that management has yet to address. Notably, the company's shortfall per share escalated to $-0.98, worsening from $-0.53 a year ago and $-0.27 in the preceding quarter. This sharp decline in profitability paints a dire picture for prospective investors, who must consider if the company's management can navigate these troubling waters to restore profitability. Revenue Growth: A Double-Edged SwordWhile Sunnova did experience a notable revenue bump of 18.6%, rising to $235.29 million from $198.40 million year-over-year, and a sequential growth of 7.1%, this increase doesn't fully compensate for the much larger increase in net losses. It?s critical to view this revenue growth in context. Many companies in the Electric Utilities sector reported an average revenue increase of just 5.84%, yet Sunnova's higher revenue growth juxtaposes starkly against its broader operational shortcomings.
Business Update

HOUSTON In a compelling demonstration of the transformative power of renewable energy and smart grid tec...

Published Tue, Aug 20 2024 1:47 PM UTC

Resilient Renewable Energy: Sunnova Powers Over 54,500 Puerto Rican Residents Amid Tropical Storm Ernesto HOUSTON In a compelling demonstration of the transformative power of renewable energy and smart grid technology, Sunnova Energy International Inc. (NYSE: NOVA), a trailblazer in adaptive energy services, successfully sustained power supply for more than 54,500 customer...
Business Update

Sunnovas Solar Resilience Powering Houston Through Hurricane Beryl

Published Fri, Jul 26 2024 7:25 AM UTC

Sunnova s Solar Resilience: Powering Houston Through Hurricane Beryl In an era marked by increasing climate challenges and natural disasters, the adaptive energy services sector has emerged as a crucial player in ensuring energy resilience. One shining example of this is Sunnova Energy International, Inc. (NYSE: NOVA), which successfully showcased its commitment to customer ...
Business Update

Sunnovas Solar + Storage Service Shines Amid Hurricane Beryls Devastation Reinforcing Energy Independence for Homeo...

Published Wed, Jul 17 2024 4:17 AM UTC

In the aftermath of Hurricane Beryl, Houston s power grid took a severe hit, leaving countless households without electricity. However, Sunnova Energy International, Inc. (NYSE: NOVA) has emerged as a beacon of light by showcasing the immense value of its Sunnova SunSafe solar + battery storage service. This article explores the facts surrounding Hurricane Beryl s impact on ...






Sunnova Energy International Inc's Segments
Customer agreements and incentives    66.95 % of total Revenue
PPA revenue    23.75 % of total Revenue
Lease revenue    26.48 % of total Revenue
Solar renewable energy certificate revenue    8.37 % of total Revenue
Loan revenue    5.34 % of total Revenue
Service revenue    1.78 % of total Revenue
Other revenue    1.23 % of total Revenue
Solar energy system and product sales    33.05 % of total Revenue
Inventory sales revenue    12.23 % of total Revenue
Cash sales revenue    15.98 % of total Revenue
Direct sales revenue    4.84 % of total Revenue





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