About Sunnova
Sunnova is a publicly listed company based in Houston (United States) founded in 2010 by John Berger. Solar services are provided to residential and commercial customers. Sunnova has raised $1.54 billion across 17 funding rounds from investors including Goldman Sachs, US Bank and Credit Suisse. The company has 1,800 employees. Sunnova has completed 1 acquisition, including SunStreet. Its chief executive, as recorded, is John Berger. Its website sunnova.com draws about 41 thousand monthly visits. Sunnova offers products and services including Solar Installation Services, Energy Maintenance Services, and Solar Energy Consulting. Its focus areas include Energy, Solar Energy, Solar-as-a-service and Full-end Services. Its legal entity is Sunnova Energy International, Inc. Its competitors include SolarCity, Sunrun and SunPower; 3 of its 3 listed competitors have raised funding.
Company details
Sunnova was founded in 2010 and is headquartered in Houston, United States. Operations focus on the renewable energy sector, where solar panel installations and related services are offered to both residential and commercial clients. Maintenance and financing options for solar systems are also handled through the companys domain, sunnova.com. Leadership is provided by John Berger as founder and CEO, with activities centered in the U.S. market.
- Headquarters Houston, United States
- Employees 1,800
- Founders John Berger
- Stage Public
- SectorsEnergy & Utilities
- Website category Heavy Industry and Engineering · Energy Industry
- Website sunnova.com
- Social LinkedIn X Facebook Instagram
- Legal Name Sunnova Energy International Inc
- Annual Revenue$839.92 M (USD)16.55as on Dec 31, 2024
- Net Profit-$367.89 M (USD)11.98as on Dec 31, 2024
- EBITDA$42.03 M (USD)195.87as on Dec 31, 2024
- Total Equity Funding$1.54B (USD)
in 17 rounds
- InvestorsGoldman Sachs
& 9 more
- Employee Count1,800
- Investments & Acquisitions
Products & Services of Sunnova
Sunnova offers a comprehensive portfolio of products and services, including Solar Installation Services, Energy Maintenance Services, and Solar Energy Consulting.
Provides solar panel installation for residential energy efficiency.
Offers ongoing maintenance for solar systems to ensure optimal performance.
Delivers expert advice on solar options and energy savings for homes.
Funding Insights of Sunnova
Sunnova has successfully raised a total of $1.54B across 17 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.54B
- Total Rounds 17
- First Round $9.45M
(May 2014)
- Investors Count 10
Latest 10 of 17 funding rounds of Sunnova with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2021 | Post-IPO | – | – | – | |
| May 2020 | $185M | Post-IPO | – | – | – |
| Jan 2020 | $55M | Post-IPO | – | – | |
| Nov 2018 | $176M | Series G | – | – | – |
| Apr 2018 | $165M | Series F | – | Quantum Partners | – |
| Feb 2018 | $6.93M | Series F | – | – | – |
| Jun 2017 | $140M | Debt – Conventional | – | – | |
| Apr 2017 | $360M | Debt – Conventional | – | – | |
| Mar 2017 | $80M | Series F | – | – | |
| May 2016 | $175M | Debt – Conventional | – | – |
10 investors in total: 10 institutional.
Investors in Sunnova
Sunnova has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, US Bank and Credit Suisse.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Magnetar Capital is engaged in alternative asset management. | magnetar.com | Evanston, United States | ||
Investments are directed to opportunities in the UK and Israel. | quantumpartners.co.uk | |||
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Private equity and VC-based investment firm | trianglepeakpartners.com | Palo Alto, United States | ||
US private equity investments are managed by FS Investments. | fsinvestments.com | Philadelphia, United States | ||
Energy Capital Partners is focused on energy transition infrastructure investments. | 2005 | ecpgp.com | Summit, United States | |
Investment management services are provided by Tortoise to clients. | 2002 | tortoiseadvisors.com | Leawood, United States | |
Provider of commercial equipment financing services | 1908 | cit.com | New York, United States | |
Wealth management, asset management, and investment banking services are offered. | 1856 | credit-suisse.com | Zurich, Switzerland | |
Commercial bank | 1968 | usbank.com | United States |
Investor details for Sunnova
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People of Sunnova
101 people are tracked at Sunnova (30 in leadership, 6 in board & advisors, 65 in team); the tracked headcount is 1,800.
| Name | Role | Group |
|---|---|---|
John Berger | Founder & CEO | Leadership |
Alyssa Rains | Senior Director, Software Quality And Engineering Operations | Leadership |
Michael Grasso | EVP & Chief Revenue Officer | Leadership |
Eric M. Williams | EVP, CFO | Leadership |
Camille Cunningham | Director Of Customer Journey/ Director Of Training | Leadership |
Hector de Los Santos | Vice President Of Operations And Maintenance | Leadership |
William J. Berger | Chairman, President & CEO | Leadership |
Kat Scherer | Director, Financial Reporting | Leadership |
Ryan S. | Vice President Operations | Leadership |
Paul S. Mathews | EVP & COO | Leadership |
Sean Britt | Svp, Chief Accounting Officer | Leadership |
Brett Shaver | Director Of Revenue Management | Leadership |
Gary Michal | Vp, Process Improvement | Leadership |
Tim Izatt | Director, Customer Transformation | Leadership |
Amanda B. | Senior Director Strategic Sourcing | Leadership |
Marianne Grobbelaar | Vp, Sales Operations & Technical Support | Leadership |
Joe Parappilly | VP Of Portfolio Management | Leadership |
Christopher Andrews | Vice President Revenue Management | Leadership |
Debra Moeller | Vice President Corporate Services | Leadership |
Jake Wachman | Vice President, Digital | Leadership |
81 more people are available in the full profile.
Complete people profiles for Sunnova
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IPO & Listings of Sunnova
Sunnova is a publicly listed company on the OTC with ticker symbol NOVAQ in USA, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date26 Jul 2019
- Listed onNYSE: NOVA
- Listed entitySUNNOVA ENERGY INTERNATIONAL INC
- Exchange sectorUtilities
- ISINUS86745K1043
- Share price$0.00 · 2025-11-14
- Market capitalisation$12,569.00
- Volume (last session)35,541
- Analyst consensusNeutral
Financials of Sunnova
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | $839.9M | -$367.9M | $42.0M |
| 2023 | $720.6M | -$418.0M | -$43.8M |
| 2022 | $557.7M | -$161.6M | $41.2M |
| 2021 | $241.8M | -$138.1M | $36.2M |
| 2020 | $160.8M | -$252.3M | $32.5M |
Detailed financial statements for Sunnova
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Investments & Acquisitions by Sunnova
Sunnova has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SunStreet.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Residential properties are developed in Irvine, United States. | buildwithsunstreet.com | Irvine, United States | 2013 | Feb 2021 | •••• |
Complete acquisition details for Sunnova
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Timeline of Sunnova
5 dated milestones of Sunnova across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Sunnova is founded.
- Funding First funding round of $9.5M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires SunStreet.
- Funding Latest funding round, Post-IPO,.
Competitors of Sunnova
Sunnova has 3 listed competitors in our database, 3 of them funded. They include SolarCity, Sunrun and SunPower.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solarcity.com | 2006 | San Mateo, United States | $1.28B | Solar power systems are designed, financed, and installed for clients. | ||
| sunrun.com | 2007 | San Francisco, United States | $296.98M | 8,360 | Solar energy services are provided to residential customers nationwide. | |
| sunpower.com | 1985 | San Jose, United States | $171.73M | 1,889 | Silicon-based solar PV modules are manufactured for diverse applications. |
Detailed competitors of Sunnova
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Web traffic of Sunnova
The website of Sunnova (sunnova.com) receives about 41K visits a month and ranks #678,796 among all websites worldwide, #10,482 in Energy Industry.
- Monthly visits41K
▼ 18.9% vs previous month
- Unique visitors29.4K
per month
- Global rank#678,796
among all websites
- Category rank#10,482
Heavy Industry and Engineering · Energy Industry
- Bounce rate58%
- Pages per visit1.8
- Average visit1 min 06 sec
- DevicesDesktop 44% · Mobile 56%
Websites whose visitors overlap most with Sunnova. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| sce.com | 100% | 4.5M | #10,530 | View details | |
residentialsolar101.org | residentialsolar101.org | 93% | – | ||
pv-magazine-usa.com | pv-magazine-usa.com | 92% | #312,304 | – | |
| pge.com | 91% | 7.5M | #5,907 | View details | |
| solarreviews.com | 88% | 186.8K | #226,922 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Sunnova
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Sunnova (Renewable & Sustainable Energy) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168.67 M | |||
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | 1,276 | ||
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Related news about Sunnova
Complete news archive for Sunnova
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Frequently Asked Questions about Sunnova
Sunnova was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Sunnova is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
John Berger is the CEO of Sunnova, as recorded in our data. They have also founded this company.
Sunnova is a funded company, having raised a total of $1.54B across 17 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $175M, raised on May 2014.
Sunnova has 1,800 employees.
Annual revenue of Sunnova is $839.92M as on Dec 31, 2024.
Sunnova was founded in 2010 and is headquartered in Houston, United States. Operations focus on the renewable energy sector, where solar panel installations and related services are offered to both residential and commercial clients. Maintenance and financing options for solar systems are also handled through the companys domain, sunnova.com. Leadership is provided by John Berger as founder and CEO, with activities centered in the U.S. market.
Sunnova offers Solar Installation Services, Energy Maintenance Services, and Solar Energy Consulting.
Yes, Sunnova is publicly traded on OTC under the ticker symbol NOVAQ.
Sunnova has made 1 acquisition, including SunStreet.
Sunnova has 10 investors. Key investors include Goldman Sachs, US Bank, Credit Suisse, Energy Capital Partners, and CIT.