Sunnova Energy received the largest federal loan to a solar company in history
A politically connected solar company says it has “substantial doubt” it can stay in business, a little over a year after obtaining a $3 billion loan from the Biden administration.
Sunnova Energy said on Monday that its current finances are “not sufficient to meet obligations and fund operations for a period of at least one year from the date we issue our consolidated financial statements without implementing additional measures.”
“Therefore, substantial doubt exists regarding our ability to continue as a going concern for a period of at least…
