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Sunnova Energy

Powering Energy Independence™

Founded 2012 United States Houston, United States 633 employees Total: $5.22B Energy, Renewable Energy +1

General Information

Company Name Sunnova Energy
Founded Year 2012
Location United States Houston, United States
Employees 633
Industries Energy, Renewable Energy, Clean Energy
Business Model B2C, B2B, Platform
Revenue Model Usage Based, Leasing/Rental, Subscription
Social

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About Sunnova Energy

Sunnova Energy, with the slogan "Powering Energy Independence™", is a prominent player in the renewable energy sector. Established in 2012 and headquartered in the United States, this company is dedicated to transforming the accessibility and affordability of clean energy solutions for residential and commercial customers alike.

In the competitive landscape of Energy, Renewable Energy, and Clean Energy, Sunnova Energy distinguishes itself by offering an adaptive energy platform designed to enhance energy independence. The firm's commitment to providing superior energy services at a more competitive price aligns with its mission of delivering reliable clean energy solutions.

Despite its innovative offerings and market leadership, it's important to note that Sunnova Energy faced financial distress, as indicated by its last known activity—a Bankruptcy investment dated 01 June 2025. This significant financial event poses critical questions about its future stability and investment viability. The absence of specific investor participation details further suggests potential concerns around investor confidence at that time.

Business keywords: Energy Services, Clean Energy, Solar Energy, Residential Solar, Energy Independence, Affordable Energy, Renewable Energy Solutions, Adaptive Energy Platform, Local Installation Partners, Solar Service Agreements, Worry-free Electricity, Nationwide Solar Coverage, Experienced Installation Contractors, Sustainable Energy Solutions, Homeowner-focused Energy Services

Services & Products

Asset management for renewable energy
Operations & maintenance for solar systems
Billing and collections for solar services
Customer service and support for existing systems

Target Customers

Residential solar customers Solar energy investors Customers with existing solar systems

Funding Rounds & Investors (12)

View All
Funding Stage Amount Investors Lead Investors Date
Bankruptcy Undisclosed -
01 Jun 2025
Post-IPO Debt $3.00B 1
US Department of Energy
01 Dec 2023
Post-IPO Equity $400.00M 1
US Department of Energy
01 Sep 2023
Post IPO Convertible $425.00M -
01 Aug 2022
Post-IPO Debt $150.00M 2
Credit Suisse, LibreMax Capital
01 Jan 2020
IPO $170.00M -
01 Jul 2019
Growth Equity VC $100.00M 1
Quantum Strategic Partners
01 Apr 2018
Debt Financing $140.00M 1
CIT Group
01 Jun 2017
Growth Equity VC $175.00M 1
Goldman Sachs
01 May 2016
Debt Financing $300.00M 1
Triangle Peak Partners
01 Oct 2015

View All 12 Funding Rounds

Sunnova Energy Alternatives & Competitors

View All Alternatives
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FAQ About Sunnova Energy

Powering Energy Independence™
Sunnova Energy was founded in 2012.
Sunnova Energy is headquartered in Houston, United States.
Sunnova Energy operates in Energy, Renewable Energy and Clean Energy. Its work centres on Energy Services, Clean Energy, Solar Energy and Residential Solar. Its customers include Residential solar customers, Solar energy investors and Customers with existing solar systems.
Sunnova Energy has a B2C, B2B and Platform business model. Its revenue comes from Usage Based, Leasing/Rental and Subscription.
Sunnova Energy has approximately 633 employees.
Sunnova Energy has completed 12 funding rounds, raising a total of $5.22B.
Sunnova Energy offers: Asset management for renewable energy, Operations & maintenance for solar systems, Billing and collections for solar services, Customer service and support for existing systems.
Top alternatives and competitors to Sunnova Energy include Ion Solar, True South Solar, Aptech Africa, SOLS Energy, Verengo Solar. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Sunnova Energy and Ion Solar are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Sunnova Energy, https://bouncewatch.com/company/sunnova-energy, updated 9 June 2026. When citing, please name BounceWatch and link this page.

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