{"id":389488,"date":"2025-07-18T08:26:02","date_gmt":"2025-07-18T06:26:02","guid":{"rendered":"https:\/\/climatescience.press\/?p=389488"},"modified":"2025-07-18T08:26:04","modified_gmt":"2025-07-18T06:26:04","slug":"sunnovas-enronish-ending","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=389488","title":{"rendered":"Sunnova\u2019s Enronish Ending"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"723\" height=\"723\" data-attachment-id=\"389490\" data-permalink=\"https:\/\/climatescience.press\/?attachment_id=389490\" data-orig-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/07\/AQOQS4k6iSmIniS3lLt-mkvHCuLSVvM3t02Ei_btpV1i-gr7NUNDiv9ZwqMiRXQIUzX1JSSZDSxeujDSUBCVDgo9D0GdoYr8ob-S5GeAi-I93s0Uy_ktaFPC3YJQqyAgeI8kleOfF9Hmb7ufGU34S01qXqCTpA.jpeg?fit=1280%2C1280&amp;ssl=1\" data-orig-size=\"1280,1280\" data-comments-opened=\"1\" 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https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/07\/AQOQS4k6iSmIniS3lLt-mkvHCuLSVvM3t02Ei_btpV1i-gr7NUNDiv9ZwqMiRXQIUzX1JSSZDSxeujDSUBCVDgo9D0GdoYr8ob-S5GeAi-I93s0Uy_ktaFPC3YJQqyAgeI8kleOfF9Hmb7ufGU34S01qXqCTpA.jpeg?resize=550%2C550&amp;ssl=1 550w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/07\/AQOQS4k6iSmIniS3lLt-mkvHCuLSVvM3t02Ei_btpV1i-gr7NUNDiv9ZwqMiRXQIUzX1JSSZDSxeujDSUBCVDgo9D0GdoYr8ob-S5GeAi-I93s0Uy_ktaFPC3YJQqyAgeI8kleOfF9Hmb7ufGU34S01qXqCTpA.jpeg?w=1280&amp;ssl=1 1280w\" sizes=\"auto, (max-width: 723px) 100vw, 723px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From <a href=\"https:\/\/www.masterresource.org\/sunnova-john-berger\/sunnovas-enronish-ending\/\">Master Resource<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>By Robert Bradley Jr.<\/em><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">\u201c\u2019The [Sunnova] summit [last November] was really part of the swindle,\u2019 said Chris P\u00e9lissi\u00e9, chief executive at Senga Solar, which is owed more than $680,000 by Sunnova. \u2018None of us dealers knew we were playing chess until it was just too late\u2019\u2026\u201d (below)<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Previous posts at MasterResource (below) have chronicled the government-enabled rooftop solar industry, which is now in distress. Bankrupt Sunnova Energy heads the list, with others either bankrupt or struggling.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/www.masterresource.org\/sunnova-john-berger\/sunnova-is-bankrupt\/\">Sunnova Declares Bankruptcy<\/a>\u00a0June 10, 2025<\/li>\n\n\n\n<li><a href=\"http:\/\/www.masterresource.org\/sunnova-john-berger\/sunnova-svp-exit-brag\/\">Sunnova EVP\u2019s Exit: Self-adulation Within a Taxpayer Bubble<\/a>\u00a0June 4, 2025<\/li>\n\n\n\n<li><a href=\"http:\/\/www.masterresource.org\/environment-social-government-esg\/sunnova-hype\/\">Sunnova Hype pre-Bankruptcy<\/a>\u00a0May 8, 2025<\/li>\n\n\n\n<li><a href=\"http:\/\/www.masterresource.org\/environment-social-government-esg\/sunnova-net-zero-esg\/\">Sunnova\u2019s Net Zero for Stockholders (last ESG report of a \u2018second-hander\u2019 company)<\/a>\u00a0May 7, 2025<\/li>\n\n\n\n<li><a href=\"http:\/\/www.masterresource.org\/sunnova-john-berger\/berger-lifetime-achievement-award\/\">John Berger: \u201cLifetime Achievement Award\u201d for Sustainable Energy Future<\/a>\u00a0April 1, 2025<\/li>\n\n\n\n<li><a href=\"http:\/\/www.masterresource.org\/solar-power-issues\/sunnova-berger-bankruptcy\/\">Sunnova Going Solyndra? (Enron-ex John Berger owes taxpayers a bundle)<\/a>\u00a0February 12, 2025<\/li>\n\n\n\n<li><a href=\"http:\/\/www.masterresource.org\/solar-rooftop\/sunnova-selling-a-bad-product-requires\/\">Sunnova\u2019s Rooftop Solar: Selling a Bad Product Requires \u2026.<\/a>\u00a0April 25, 2019<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">In the<em>&nbsp;Wall Street Journal<\/em>&nbsp;article last week, \u201cSunnova Pushed Sales as Woes Mounted\u201d (July 3, 2025), Alicia McElhaney wrote:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Each year, hundreds of dealers for solar-panel company Sunnova Energy International gather for a summit to celebrate a year\u2019s hard work. But this February, they came to the glitzy Town &amp; Country resort in San Diego looking for answers.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Enron was all glitz. The game was imaging\u2013creating a non-financial reality where political cronies (\u201cpull peddlers,\u201d as Ayn Rand described them in&nbsp;<em>Atlas Shrugged<\/em>) ruled. \u201cIt is of such pennies and smiles that the destruction of your country is made,\u201d bringing to mind the toothy white smile of Sunnova founder and now ex-CEO John Berger. &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But the reality was dire, so (Enron-ex) John Berger spun a tale.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Sunnova was months behind on its payments to dealers, who sell and install its home solar-energy systems and depend on timely reimbursements from the company to recoup upfront costs. Sunnova\u2019s stock was tumbling, and its liquidity had worsened. But on that early February day in San Diego, Sunnova\u2019s then-chief executive assured dealers they would get repaid as long as the dealers kept installing solar projects.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Dealers didn\u2019t know the severity of the company\u2019s financial problems at the time, or that it was already working with bankers to manage its debt burden and fix its rapidly eroding liquidity, several dealers told The&nbsp;<em>Wall Street Journal<\/em>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Reality bats last.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Weeks after the gathering, Sunnova warned that it may not be able to operate as a going concern. By June, the company had filed for chapter 11, leaving its 175 dealers collectively owed around $347 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe summit was really part of the swindle,\u201d said Chris P\u00e9lissi\u00e9, chief executive at Senga Solar, which is owed more than $680,000 by Sunnova. Dealers are facing payment challenges beyond Sunnova, with some also waiting to be paid by SunPower and Lumio, both of which filed for bankruptcy in 2024 amid a downturn in the renewables industry\u2026.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Berger gave his side of the story:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In bankruptcy court filings, Sunnova said it aims to settle dealer claims to ensure completion of 22,000 ongoing solar projects\u2026. John Berger, Sunnova\u2019s former CEO, separately told the Journal that he explained to dealers at the summit the company retained long-term cash flows for a rainy day. Berger said he told dealers that what Sunnova was facing was more like a hurricane than a rainy day, and that the company planned to use the cash to stabilize the company.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cI understand the frustration, but I consistently engaged with dealers openly and truthfully, even when the<br>news was difficult,\u201d Berger said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">What was the reserve fund? The $2.92 billion loan guarantee from the U.S. Department of Energy (<a href=\"http:\/\/www.instituteforenergyresearch.org\/renewable\/solar\/trump-administration-cancels-2-92-billion-loan-awarded-to-solar-firm-sunnova\/\">Project Hestia<\/a>)? Enron thought it had a billion dollar reserve from accounts receivables from California utilities in the aftermath of the power crisis in that state. It was only a paper asset that byzantine regulation gave and the legal system and politics took away.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Turns out Sunnova would get a&nbsp;<a href=\"http:\/\/subscriber.politicopro.com\/article\/eenews\/2025\/07\/08\/sunnovas-unsecured-creditors-oppose-releasing-kkr-over-loan-00441522\">$185 million loan from asset KKR<\/a>&nbsp;in March (good money after bad)? But that money, little doubt, is long gone, feeding into the high-cost structure of an extravagant company (a la Enron).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cSunnova didn\u2019t respond to these allegations,\u201d the article continues.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Sunnova stopped paying its dealers last November, and some of them stopped routing solar installation financing requests through the company. Val Berechet, co-founder and CEO at Sunsolar, said he is owed some $800,000, but that it could have been worse if he continued to sell his customers Sunnova products.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Berger was fired. He cashed in over the years, making him a rare winner amid thousands of losers. He has a lot of explaining to do. No more sermonizing about \u201cclean\u201d energy (solar is not ecologically blessed) and climate benefits (there are none from Sunnova or the U.S. solar industry on close inspection).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sunnova wants to blame others for its bubble business model enabled by special government favor (graft, in retrospect). The article ends:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Around the end of March, Sunnova said in a letter to dealers reviewed by the Journal that it \u201cwill pursue all available legal remedies to seek damages for lost business and profits resulting from any intentional violation\u201d of its policy that dealers can\u2019t transfer their solar projects to another company after installation. \u201cNone of us dealers knew we were playing chess until it was just too late,\u201d Senga\u2019s P\u00e9lissi\u00e9 said.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Each year, hundreds of dealers for solar-panel company Sunnova Energy International gather for a summit to celebrate a year\u2019s hard work. But this February, they came to the glitzy Town &#038; Country resort in San Diego looking for answers.<\/p>\n","protected":false},"author":121246920,"featured_media":389490,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691818526,691836664,691834528],"class_list":{"0":"post-389488","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-bankruptcy","9":"tag-rooftop-solar-industry","10":"tag-sunnova","12":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/07\/AQOQS4k6iSmIniS3lLt-mkvHCuLSVvM3t02Ei_btpV1i-gr7NUNDiv9ZwqMiRXQIUzX1JSSZDSxeujDSUBCVDgo9D0GdoYr8ob-S5GeAi-I93s0Uy_ktaFPC3YJQqyAgeI8kleOfF9Hmb7ufGU34S01qXqCTpA.jpeg?fit=1280%2C1280&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1Dk4","jetpack-related-posts":[{"id":414251,"url":"https:\/\/climatescience.press\/?p=414251","url_meta":{"origin":389488,"position":0},"title":"Sunnova: Autopsy of a \u2018Green\u2019 Failure","author":"uwe.roland.gross","date":"22\/11\/2025","format":false,"excerpt":"MasterResource has chronicled the rise and fall of the large, government-enabled rooftop solar company,\u00a0Sunnova Energy International, Inc. Led by the toothy Enron-ex John Berger (who made millions of dollars at the expense of just about everyone else, including taxpayers), Sunnova is yet another case study of business failure under\u00a0political capitalism\u00a0(versus\u2026","rel":"","context":"In \"bankruptcy\"","block_context":{"text":"bankruptcy","link":"https:\/\/climatescience.press\/?tag=bankruptcy"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/11\/AQN-6GD6K-uDRccnjZatAF16c2KrOIOknODVJJgZKywFSj7JL69XhOuaU7FKsHdRu8EsBQ7YLp9g2hFW9JRQ6iFN87UxS2dA5errNDQuUnrsrvU7hF6iQwsZtey-Di28T8YNlXzVLRtIvbVyb4svPF7vRpMT.jpeg?fit=1200%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/11\/AQN-6GD6K-uDRccnjZatAF16c2KrOIOknODVJJgZKywFSj7JL69XhOuaU7FKsHdRu8EsBQ7YLp9g2hFW9JRQ6iFN87UxS2dA5errNDQuUnrsrvU7hF6iQwsZtey-Di28T8YNlXzVLRtIvbVyb4svPF7vRpMT.jpeg?fit=1200%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/11\/AQN-6GD6K-uDRccnjZatAF16c2KrOIOknODVJJgZKywFSj7JL69XhOuaU7FKsHdRu8EsBQ7YLp9g2hFW9JRQ6iFN87UxS2dA5errNDQuUnrsrvU7hF6iQwsZtey-Di28T8YNlXzVLRtIvbVyb4svPF7vRpMT.jpeg?fit=1200%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/11\/AQN-6GD6K-uDRccnjZatAF16c2KrOIOknODVJJgZKywFSj7JL69XhOuaU7FKsHdRu8EsBQ7YLp9g2hFW9JRQ6iFN87UxS2dA5errNDQuUnrsrvU7hF6iQwsZtey-Di28T8YNlXzVLRtIvbVyb4svPF7vRpMT.jpeg?fit=1200%2C1200&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/11\/AQN-6GD6K-uDRccnjZatAF16c2KrOIOknODVJJgZKywFSj7JL69XhOuaU7FKsHdRu8EsBQ7YLp9g2hFW9JRQ6iFN87UxS2dA5errNDQuUnrsrvU7hF6iQwsZtey-Di28T8YNlXzVLRtIvbVyb4svPF7vRpMT.jpeg?fit=1200%2C1200&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":428686,"url":"https:\/\/climatescience.press\/?p=428686","url_meta":{"origin":389488,"position":1},"title":"Sunnova\u2019s Continuing Mess: Buyer Beware (Part II)","author":"uwe.roland.gross","date":"28\/02\/2026","format":false,"excerpt":"\u201cThe Sunnova case has become a cautionary tale in the solar industry, underscoring the importance of keeping all documentation \u2026 researching a company\u2019s financial health before signing contracts. understanding all terms, especially service and maintenance obligations \u2026 avoiding tying financing solely to the installer.\u201d","rel":"","context":"In \"DOE\u2019s guarantees\"","block_context":{"text":"DOE\u2019s guarantees","link":"https:\/\/climatescience.press\/?tag=does-guarantees"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOQS4k6iSmIniS3lLt-mkvHCuLSVvM3t02Ei_btpV1i-gr7NUNDiv9ZwqMiRXQIUzX1JSSZDSxeujDSUBCVDgo9D0GdoYr8ob-S5GeAi-I93s0Uy_ktaFPC3YJQqyAgeI8kleOfF9Hmb7ufGU34S01qXqCTpA.jpeg?fit=1200%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOQS4k6iSmIniS3lLt-mkvHCuLSVvM3t02Ei_btpV1i-gr7NUNDiv9ZwqMiRXQIUzX1JSSZDSxeujDSUBCVDgo9D0GdoYr8ob-S5GeAi-I93s0Uy_ktaFPC3YJQqyAgeI8kleOfF9Hmb7ufGU34S01qXqCTpA.jpeg?fit=1200%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOQS4k6iSmIniS3lLt-mkvHCuLSVvM3t02Ei_btpV1i-gr7NUNDiv9ZwqMiRXQIUzX1JSSZDSxeujDSUBCVDgo9D0GdoYr8ob-S5GeAi-I93s0Uy_ktaFPC3YJQqyAgeI8kleOfF9Hmb7ufGU34S01qXqCTpA.jpeg?fit=1200%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOQS4k6iSmIniS3lLt-mkvHCuLSVvM3t02Ei_btpV1i-gr7NUNDiv9ZwqMiRXQIUzX1JSSZDSxeujDSUBCVDgo9D0GdoYr8ob-S5GeAi-I93s0Uy_ktaFPC3YJQqyAgeI8kleOfF9Hmb7ufGU34S01qXqCTpA.jpeg?fit=1200%2C1200&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOQS4k6iSmIniS3lLt-mkvHCuLSVvM3t02Ei_btpV1i-gr7NUNDiv9ZwqMiRXQIUzX1JSSZDSxeujDSUBCVDgo9D0GdoYr8ob-S5GeAi-I93s0Uy_ktaFPC3YJQqyAgeI8kleOfF9Hmb7ufGU34S01qXqCTpA.jpeg?fit=1200%2C1200&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":416320,"url":"https:\/\/climatescience.press\/?p=416320","url_meta":{"origin":389488,"position":2},"title":"Solar Bankruptcy: Pine Gate Renewables (boom to bust continues)","author":"uwe.roland.gross","date":"06\/12\/2025","format":false,"excerpt":"MasterResource has\u00a0chronicled\u00a0the rise and fall of major U.S. solar firms this year. The rooftop solar business is in shambles, with leaders such as Sunnova becoming worthless and defaulting on their long-term projects. And more recently, utility-scale solar developers are in trouble despite the last-minute deal to continue major tax subsidies\u2026","rel":"","context":"In \"Pine Gate Renewables\"","block_context":{"text":"Pine Gate Renewables","link":"https:\/\/climatescience.press\/?tag=pine-gate-renewables"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/12\/0AQO2xpoEwzX7KX_AD1Ob1Tli7eRru1UvUNqLrpBcrYF5glv6PXKazYRJiSBYtWxrPG1FRh6xtkDyUHO0_8Bntbd4_sIQAFtDwPD7ZnWDr_pISI4_ZS_LLxmKChlxBFE-1.jpeg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/12\/0AQO2xpoEwzX7KX_AD1Ob1Tli7eRru1UvUNqLrpBcrYF5glv6PXKazYRJiSBYtWxrPG1FRh6xtkDyUHO0_8Bntbd4_sIQAFtDwPD7ZnWDr_pISI4_ZS_LLxmKChlxBFE-1.jpeg?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/12\/0AQO2xpoEwzX7KX_AD1Ob1Tli7eRru1UvUNqLrpBcrYF5glv6PXKazYRJiSBYtWxrPG1FRh6xtkDyUHO0_8Bntbd4_sIQAFtDwPD7ZnWDr_pISI4_ZS_LLxmKChlxBFE-1.jpeg?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/12\/0AQO2xpoEwzX7KX_AD1Ob1Tli7eRru1UvUNqLrpBcrYF5glv6PXKazYRJiSBYtWxrPG1FRh6xtkDyUHO0_8Bntbd4_sIQAFtDwPD7ZnWDr_pISI4_ZS_LLxmKChlxBFE-1.jpeg?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/12\/0AQO2xpoEwzX7KX_AD1Ob1Tli7eRru1UvUNqLrpBcrYF5glv6PXKazYRJiSBYtWxrPG1FRh6xtkDyUHO0_8Bntbd4_sIQAFtDwPD7ZnWDr_pISI4_ZS_LLxmKChlxBFE-1.jpeg?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":365931,"url":"https:\/\/climatescience.press\/?p=365931","url_meta":{"origin":389488,"position":3},"title":"Sunnova Going Solyndra? (Enron-ex John Berger owes taxpayers a bundle)","author":"uwe.roland.gross","date":"13\/02\/2025","format":false,"excerpt":"Just 15 months after receiving a\u00a0$3.0 billion loan guarantee\u00a0from the U.S. Department of Energy (Jigar Shaw), Sunnova stock price has cratered with the prospect of bankruptcy. Sunnova founder (and Enron-ex) John Berger\u2019s battle cry\u2013 \u201csolar is going to rip apart the energy business as we know it\u201d\u2013 is an example\u2026","rel":"","context":"In \"bankruptcy\"","block_context":{"text":"bankruptcy","link":"https:\/\/climatescience.press\/?tag=bankruptcy"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/02\/0Screenshot-2025-02-13-081707.png?fit=1200%2C601&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/02\/0Screenshot-2025-02-13-081707.png?fit=1200%2C601&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/02\/0Screenshot-2025-02-13-081707.png?fit=1200%2C601&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/02\/0Screenshot-2025-02-13-081707.png?fit=1200%2C601&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/02\/0Screenshot-2025-02-13-081707.png?fit=1200%2C601&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":382712,"url":"https:\/\/climatescience.press\/?p=382712","url_meta":{"origin":389488,"position":4},"title":"Sunnova Declares Bankruptcy","author":"uwe.roland.gross","date":"11\/06\/2025","format":false,"excerpt":"\u201cProfuse government grants, loans, and tax breaks supported Sunnova from the beginning. 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