Largest Coachella Valley Solar Company Shuts Down Temporarily Amid Financial Struggles - NBC Palm Springs
Renova Energy, the largest solar company in the Coachella Valley, is temporarily closing its doors due to financial issues stemming from its partnership with SunPower.
Renova Energy, the largest solar company in the Coachella Valley, is temporarily closing its doors due to financial issues stemming from its partnership with SunPower. The shutdown affects operations in both California and Arizona, forcing the layoff of hundreds of workers for 2-3 weeks. This closure highlights broader struggles within the solar industry across the state. Nova Energy plans to reach out to cash-only customers in the next three weeks while working on solutions for others. Customers with SunPower systems are advised to contact the provided support number.
Related Knowledge Center: ENERGY BASICS: solar
Declining costs and government encouragement have resulted in a rapid increase in solar energy production in the United States over the past 10 years, although solar’s share remains small: 1.6 percent of all electricity generation in 2018. That rapid growth is projected to continue.