Sunnova Brings Solar and Battery Storage Services to Retail Stores in Puerto Rico | New

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HOUSTON–(BUSINESS WIRE)–July 26, 2022–

Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA), a leading provider of residential energy services in the United States, today announced that its reliable Sunnova SunSafe ® solar + battery storage service will now be available at all Home Depot stores across Puerto Rico.

“This extension of our energy services to Home Depot stores makes it even easier for Puerto Ricans to control their energy costs and keep their homes powered during grid outages,” said Vera Gavrilovich, vice president of marketing at Sunnova. “As the largest distributed residential solar power provider in Puerto Rico, we are committed to providing clean, resilient and affordable energy services to our customers; and with an increasingly unreliable power grid, we are proud to offer homeowners the peace of mind that comes with generating and storing their own electricity.

Sunnova has been active in Puerto Rico since 2013 and has the largest presence on the island with over 30,000 customers and growing rapidly. Since Hurricane Maria in 2017, Sunnova has deployed over 17,000 batteries in Puerto Rico and has had a 100% battery fixation rate since 2018. Puerto Rican owners will now have access to a trained solar expert in all stores Island’s Home Depot and will be able to obtain a solar system with storage battery backed by Sunnova Protect ® for 25 years of worry-free maintenance, monitoring, repairs, replacements and energy warranty.

In 2021, Sunnova opened 100 stores with The Home Depot in key hurricane markets – Florida, Virginia, Maryland and locally in Reno, Nevada – to give customers access to its Sunnova SunSafe solar + battery storage service.

Forward-looking statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or Sunnova’s future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “will”, “could”, “intend”, “target”, “project”, “consider”, “believe”, “estimate”, “predict”, “potential” or “continue” or the negative of these words or other similar terms or expressions that relate to Sunnova’s expectations, strategy, priorities, plans or intentions. Forward-looking statements in this press release include, but are not limited to, statements regarding Sunnova’s customer growth in Puerto Rico and the benefits of Sunnova’s product offerings to customers in Puerto Rico. Sunnova’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including risks regarding our ability to predict our business due to our limited operating history. , the effects of the coronavirus pandemic on our business and operations, our results of operations and financial condition, our competition, changes in regulations applicable to our business, fluctuations in the solar energy and residential construction, availability of capital, supply chain uncertainty, our ability to attract and retain dealers and customers and our relationships with dealers and strategic partners. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those described in more detail in Sunnova’s filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2021 and our subsequent quarterly reports on Form 10-Q. The forward-looking statements contained in this press release are based on information available to Sunnova as of the date hereof, and Sunnova disclaims any obligation to update any forward-looking statements except as required by law.

About Sunnova

Sunnova Energy International Inc. (NYSE: NOVA) is a leading provider of residential energy services with customers across the United States and its territories. Sunnova’s goal is to be the source of clean, affordable and reliable energy with a simple mission: to provide energy independence so homeowners have the freedom to live an uninterrupted life®.

For more information, please visit sunnova.com

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CONTACT: Media contact

Alina Eprimyan

[email protected] and analyst contact

Rodney McMahan

Vice President, Investor Relations

[email protected]

281.971.3323

KEYWORD: CARIBBEAN PUERTO RICO UNITED STATES NORTH AMERICA TEXAS

KEYWORD INDUSTRY: ENVIRONMENT CONSTRUCTION AND REAL ESTATE DEPARTMENT STORES OTHER ENERGY UTILITIES GOODS HOME ALTERNATIVE ENERGY ENERGY RETAIL

SOURCE: Sunnova Energy International Inc.

Copyright BusinessWire 2022.

PUBLICATION: 07/26/2022 08:30 / DISK: 07/26/2022 08:32

http://www.businesswire.com/news/home/20220726005123/en

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