From Friday, September 22nd at 4 PM ET until Monday, September 25th, Wood Mackenzie will be experiencing a planned internal system migration. If you need any support during this time, don't hesitate to contact our customer support team using the Webchat below.


Sunnova’s IPO: Going public in a slower residential solar market

Get this report


You can pay by card or invoice

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

On 27 June 2019, Sunnova submitted a pre-IPO (initial public offering) prospectus to the U.S. Securities and Exchange Commission (SEC). It would be the first residential solar company to go public since 2015. Other major residential solar companies – Sunrun, Vivint, and Tesla – all went public between 2012-2015, when the residential solar market was growing roughly 60% every year. But today’s market context is much different. Sunnova will be going public as residential solar growth moderates, market penetration intensifies customer acquisition challenges, and customers turn increasingly towards customer ownership. Our Power & Renewables reports and data provide deep insight into the current and future state of electricity generation.

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    Sunnova IPO Insight_PR.pdf

    PDF 320.20 KB