Month: June 2025

DOE reduces remaining capacity of Sunnova’s solar + storage loan guarantees

In an 8-K filing with the Securities and Exchange Commission on May 29, 2025, Sunnova Energy Corporation disclosed that it had amended its Loan Guarantee Agreement with the U.S. Dept. of Energy on May 22, 2025. The amendment reduced the maximum aggregate amount of partial guarantees from $3 billion to $371.6 million. This is equal… …

DOE reduces remaining capacity of Sunnova’s solar + storage loan guarantees Read More »

DOE terminates $3.7 billion in awards from Office of Clean Energy Demonstrations

U.S. Sec. of Energy Chris Wright announced the termination of 24 awards issued by the Office of Clean Energy Demonstrations (OCED) totaling over $3.7 billion in taxpayer-funded financial assistance. After a thorough and individualized financial review of each award, DOE said it found these projects failed to advance the energy needs of the American people,… …

DOE terminates $3.7 billion in awards from Office of Clean Energy Demonstrations Read More »

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