Yahoo Finance

Shares of solar company Sunnova Energy International (NOVA) are plummeting by over 60% after the company warned of its uncertainty over whether it can stay in business or not, citing insufficient cash flows.

Julie Hyman and Josh Lipton cover Sunnova's latest statement — issued alongside its fourth quarter results — and the solar sector's struggle under high interest rates, reduced demand, and political instability that threatens tax credit programs.

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This post was written by Josh Lynch