Sunnova origination grinds to a halt following delayed dealer payments
8th April 2025 05:57 PM
Sunnova has largely stopped originating new business as the residential solar company struggles to pay dealers and explores restructuring options, said three sources familiar with the matter.
The Houston-based company halted originating deals in the first quarter, the sources said. Likewise, the company has taken offline a customer referral program. Sunnova has been working to move existing projects to completion, said two of the sources.