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Residential solar panel installer Sunnova Energy applied for bankruptcy protection in the United States, in connection with increased pressure and increased demand in the United States, increased in 11 of the growing debt and demand Reuters.
The action emphasizes the continued problems in the industry, including high interest rates and low-low-low markets in the main markets like California.
Sunnova is a second settlement for bankruptcy in June 2025, and show extensive problems affecting the sector.
The sunny mosaic asked similar protection, and the Solar force stopped operations a year ago.
Sunnova’s subsidiary Sunnova TEP Development was presented in Chapter 11 in early June.
Sunnova presented a warning in the bankrupt court for the southern region of Tezin, and in March, the company was notified.
The estimated assets and liabilities of the company are up to $ 10 billion, until December 2024, 10.67 billion.
Sunnova, Atlas SP partners and Lennar Houses have signed contracts with their homes and Lennar houses were exposed to $ 15 million and $ 16 million and $ 16 million and $ 16 million. The company will continue regular operations during the sales process.
The company also announced its plans reduces the workforce by 55% – 718 employees – as part of cost cutting measures.
The situation is further difficult with policy changes under the leadership of President Donald Trump Partial loan guarantee Earlier, the leadership of President Biden was awarded $ 2.92 billion.
Solar panel companies in the United States, the Republican Budget Bill Proceeding in Congress, expressed concerns. It warned that the legislation is very important for homeowners who can damage the help of the industry.
“Sunnova Chapter 11 in Chapter 11” has been established and published in the first place Power technologyA global brand.
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