“Profuse government grants, loans, and tax breaks supported Sunnova from the beginning. 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.”
Sunnova was all hat, no cattle. All sizzle, no steak. Long on DEI, short on profits. Long on government, short on consumer value.
And a lot of “Net Zero” for investors. And potentially voided contracts for more than 400,000 rooftop customers if tax credits go away under current legislation under debate. [1]
Yesterday, Sunnova International declared bankruptcy, or in their Enronish PR world, “Strategic Action to Facilitate Value-Maximizing Sale Process.”
The company never had a quarterly profit, existing on political fumes and gullible “green” customers.…
Continue ReadingThis post excerpts energy and climate material from the Media Balance Newsletter, a free fortnightly published by physicist John Droz Jr., founder of the Alliance for Wise Energy Decisions.
Greed Energy Economics:
*** How the House cut off new solar and wind subsidies in the “Big Beautiful Bill”
Leading Florida power provider blasts solar/wind subsidies
Unreliables (General):
*** Short good video: America in the Dark
*** The Physics Behind the Spanish Blackout
Reliance on ‘Renewables’ Makes Widespread Blackout Nightmare More Likely
Global Tally of Alternative-Energy Rejections Passes 1,000
15 Hidden Hazards of Green Energy that Get Ignored
Wind Energy — Offshore:
Showdown looms for Empire Wind (NY Offshore)
Ruling that could doom its Irish Sea wind projects
Wind Energy — Other:
*** New Study: “The presented research rejects the typically held view that wind power is a sustainable energy source.”…
“An unlikely coalition of renewables groups, manufacturers and oil & gas companies opposed the bills. ‘It might as well have been the ‘Lobby Employment Act of 2025,’ based on the number of lobbyists hired to fight it,’ wrote state representative Jared Patterson.” (Sheridan, below)
Doug Sheridan is a noted analyst of the climate/energy realism school. With more than 40,000 social media followers, he corrects the bias of the mainstream media in real time. Little surprise that his influence dwarfs that of many prominent ‘magical thinking’ energy pundits, part of a very promising global rethink.
Sheridan’s latest analysis concerns the failure of the Texas legislature to cool the jets of uneconomic, destructive wind, solar, and batteries in the Lone Star State. But how did Texas, of all states, end up where it is today?…
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