US Roof Top Solar Business is going to boom, Sunnova energy CEO is hopeful

 Roof Top Solar Installation Business is recovering from slump after govt. imposed  high rate of interest and cut in subsidy plans for Solar panel Installation plan in California", as per John Berger CEO of Sunnova Energy.




In an interview to Bloomberg Tv, He said that the growth of Solar business will be back on track either in this quarter or in upcoming one.

Solar Installation business have been suffering loss from starting of this year. The reason behind loss is hike in the rate of interest and slash in subsidy over installation of solar panel. Buyer are resistance towards paying higher interest rate has laid in loss of sales of solar panel. California is the biggest solar panel market in United State.


Sunnova Energy has seen 30% drop in it's share price this year, but CEO Jhon Berger is helpful that the slump days for solar market is over and it will grow soon.

Image credit- Google


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