Sunnova International just another EMBEZZLEMENT FRONT COMPANY as part of the Biden Regime’s FAKE GREEN movement – now BANKRUPT

Obama was the king of creating fake green companies, funding them with millions and billions of dollars, then watching them all magically go bankrupt as the money completely disappeared (went into the offshore accounts of all the executives involved). Biden was even worse, participating in these scams and schemes on a much higher financial level, running up trillions in unaccounted funds, while claiming to be supporting “climate science” and “climate change” initiatives. All big lies for embezzlement. Sunnova is just another pawn in the big “climate” game of racketeering and fraud.

• Obama’s Green Energy Scams: The Obama administration funneled billions in taxpayer dollars into fake “green” companies like Solyndra, Abound Solar, and Fisker Automotive—only for them to collapse as executives pocketed the money. These ventures were never meant to succeed, just to launder funds to political allies.
• Biden’s Bigger Fraud Scheme: The Biden Regime has taken green energy corruption to new heights, pushing trillions in unaccountable “climate” spending while companies like Sunnova and SunPower declare bankruptcy after executives siphon off subsidies. The entire “renewable energy” push is a front for embezzlement and control.
• Sunnova’s Collapse Exposes the Scam: Sunnova Energy, propped up by federal loans and tax breaks, just filed for bankruptcy with up to $50 billion in liabilities—proving yet another “green” company was a taxpayer-funded Ponzi scheme. CEO John Berger and other insiders got rich while employees and customers were left holding the bag.
• The Green Energy Grift Continues: From solar to EVs, the government’s “climate” agenda is a racket designed to bankrupt the middle class while elites profit. With more collapses coming, sites like ClimateAlarmism.news expose how these companies were never about the environment—just theft.

Sunnova Energy Files for Bankruptcy Amid Mounting Debt and Industry Turmoil

Sunnova Energy International Inc., one of the largest residential solar installers in the U.S., has filed for Chapter 11 bankruptcy, marking a dramatic collapse for a company that relied heavily on government subsidies and tax incentives. The Houston-based firm, which never reported a quarterly profit, cited mounting debt, weakening demand, and potential subsidy rollbacks as key factors in its downfall.

The company listed estimated assets and liabilities between 10 billion and 50 billion, with total debt reaching $10.67 billion as of December 31, according to court filings. Shares plummeted 36.4% to 14 cents in premarket trading following the announcement. Sunnova also revealed plans to lay off 55% of its workforce—718 employees—in an effort to cut costs.

Sunnova’s business model depended on federal grants, loans, and tax breaks, raising questions about accountability in renewable energy subsidies. Critics argue that while top executives profited, the company failed to deliver sustainable value to consumers or investors.

“Profuse government grants, loans, and tax breaks supported Sunnova from the beginning,” one industry observer noted. “The public needs to know where the money went and why founder/CEO John Berger and a few others at the top made out like bandits, while just about everyone else bit the dust.”

The company’s bankruptcy comes amid broader instability in the residential solar sector. Higher interest rates, reduced incentives in California, and fears of subsidy cuts under proposed Republican legislation have squeezed the industry. Last month, the Trump administration canceled a $2.92 billion partial loan guarantee awarded to Sunnova by the Biden administration.

Sunnova’s failure follows the bankruptcy of SunPower Corporation, once a pioneer in residential solar, which collapsed last year amid SEC scrutiny and leadership turmoil. Analysts warn that further subsidy reductions could devastate rooftop solar providers, leaving hundreds of thousands of customers in limbo.

Reuters recently reported that the U.S. clean energy industry is “teetering on the brink,” with Sunnova’s collapse underscoring systemic risks. If tax credits disappear under pending legislation, more than 400,000 Sunnova customers could face voided contracts, leaving them without warranty coverage or maintenance support.

Sunnova stated it intends to continue servicing existing solar and storage systems during the bankruptcy process. However, responsibility may shift to subsidiaries like TEPH and ATLAS SP Partners—raising concerns about long-term reliability. Industry experts warn that without stable backing; homeowners could face costly repairs as aging solar systems deteriorate.

The bankruptcy highlights the precarious nature of heavily subsidized green energy ventures and raises urgent questions about oversight in renewable energy financing. As policymakers debate future incentives, Sunnova’s collapse serves as a cautionary tale—one where lofty promises met financial reality.

Sunnova’s downfall reflects deeper challenges in the residential solar industry, where reliance on government support has clashed with market realities. As the company navigates bankruptcy, customers, employees, and taxpayers are left grappling with the fallout—while the broader debate over sustainable energy policy continues.

Check out ClimateAlarmism.news for updates on fake “green” companies declaring bankruptcy while pocketing billions of dollars that the Biden Regime pushed across the table to them for embezzlement purposes, with no goal of ever being a successful “green” company in the first place.

Sources for this article include:

NaturalNews.com

BezoEarthFund.org

Wattsupwiththat.com