Residential Solar Panel Co. Sunnova Hits Ch. 11 With $9B Debt

By Clara Geoghegan · June 9, 2025, 11:48 AM EDT

Sunnova Energy International, a major residential solar panel designer, filed for Chapter 11 protection in Texas Sunday, with $8.9 billion in debt amid an industry downturn and uncertainty around the future...

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Bankruptcy Scorecard

Summary

Houston-based Sunnova filed for Chapter 11 protection, saying high inflation, elevated interest rates and an industry downturn ate away at its working capital. Those struggles caused the firm to fall behind on $367 million in payments to its contractors, which find customers and oversee the installation of Sunnova's solar panel systems at their homes.

Case Number

4:25-bk-90160

Judge

Alfredo R. Perez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

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