Sunnova Energy International Inc - Company Profile
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Sunnova Energy International Inc (Sunnova Energy) is a provider of residential solar and energy storage services. The company is a source of clean, affordable and reliable energy to solar plus energy storage customers through energy storage technology. It offers rooftop solar service, solar battery storage units, home solar services as well as maintenance, monitoring and management services. Sunnova Energy solar service agreements typically take the form of a lease, power purchase agreement ("PPA") or loan. The company services include operations and maintenance, repairs and replacements, monitoring, equipment upgrades, onsite power optimization. It has operations in California, Connecticut, New Hampshire, New Jersey, New York, Maryland, Massachusetts, Pennsylvania and Rhode Island. Sunnova Energy is headquartered in Houston, Texas, the US.
Headquarters
United States of America
Address
20 East Greenway Plaza, Suite 540, Houston, Texas, 77046
Website
www.sunnova.com
Telephone
1 281 9859900
No of Employees
2,047
Industry
Alternative Energy
Ticker Symbol & Exchange
NOVA (NYSE)
Revenue (2022)
$720.7M
29.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-158.6%
(2022 vs 2021)
Market Cap*
$455.7M
Net Profit Margin (2023)
XYZ
-100.1%
(2022 vs 2021)
* As of and is in US$
Sunnova Energy International Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Battery | Go Solar |
| EV Charger | Home Solar + Battery Storage |
| Generator | Home Solar Protection |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company signed a strategic partnership with the Home Depot, under which Sunnova provides solar and battery storage services in The Home Depot stores across the US and its territories. |
| 2024 | Plans/Strategy | In January, the company announced its plans to launch its Sunnova Adaptive Technology Center. |
| 2024 | Contracts/Agreements | In January, the company entered an agreement with Lumin to integrate their Smart Panel and energy management platform into the Sunnova Adaptive Home offering. |
Competitor Comparison
| Key Parameters | Sunnova Energy International Inc | Sunrun Inc | FuelCell Energy Inc | SunPower Corporation | Vivint Solar Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | Australia | United States of America |
| City | Houston | San Francisco | Danbury | - | Lehi |
| State/Province | Texas | California | Connecticut | - | Utah |
| No. of Employees | 2,047 | 10,833 | 629 | - | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| William J. Berger | Chairman; Chief Executive Officer; President | Executive Board | 2019 | 48 |
| Robert L. Lane | Executive Vice President; Chief Financial Officer | Senior Management | 2019 | 50 |
| Chris Hayden | Chief Information Officer; Chief Technology Officer; Executive Vice President | Senior Management | 2021 | 48 |
| Michael P. Grasso | Chief Growth Officer; Chief Revenue Officer; Executive Vice President; Chief Marketing Officer | Senior Management | 2018 | 50 |
| John T. Santo Salvo | Chief Commercial Officer-Dealers and Supply Chain; Executive Vice President; Chief Procurement Officer | Senior Management | 2018 | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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