Solar Installer Sunnova warns that ‘concern’ to raise race cache

Solar installer Sunnova warned “concerns” as the company was shorter on cash.

It Stock Currently around 68% is down because investors have gauze at risk that Sunova leads to bankruptcy, which has frequent results for companies that issues such warnings. To prevent bankruptcy, Sunova said on Monday that it was planning to re -finance debt, raise new debt and reduce costs.

Houston -based Sunova is one of the largest solar installers in the US, bringing 40 840 million revenue last year. Decoration Registered A net loss of $ 447 million in 2024, narrow loss than last year. Billion of the company at one time. Billion was worth billion dollars. Its market cap is almost 63 million.

The news comes because the solar industry is tired of the next road. Last week, Sunran, the largest founder of the country, Reduce Its guidance for cash production in 2025 on expectations that the installations will be flat this year.

Most of the industry’s instability can be found in uncertainty about the future of the Interest Interest Rates and Reduction Act.

Solar installers have benefited from low interest rates in the past, making solar loans and customers attractive. By spreading the cost of roof solar for many years, consumers do not need to pay forward and often have to save their monthly utility bills. But the rate has increased, consumers may take longer to get economic benefits.

On the policy front, reduction of inflation Extended tax credit It is about to end at the end of last year. New credits run until 2032, though the Trump administration has taken the response to solve the law.

The view is not blurred everywhere. First solar, wide solar producer, Beat the street In his Q4 earning report, sending the stock. And in many cases, solar remains the cheapest form of new generating capacity.

There is one reason that the internal people refer to the industry as “solar coaster”.