Sunnova's 71% Stock Plunge Signals Turmoil in US Solar Industry

Reported 2 days ago

Sunnova Energy has seen its shares plummet by 71% amid warnings of severe operational challenges, coinciding with issues faced by other key players in the solar market like First Solar and Sunrun. The industry's outlook is marred by high interest rates, reduced incentives, and rising uncertainties due to policy shifts under the Trump administration. As concerns rise over funding and future growth, experts predict a chaotic period for the solar sector, potentially impacting its ability to meet surging power demands.

Source: YAHOO

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