Shares of Sunnova Energy International (NOVA) have plunged 60% on March 3 after the solar power company warned about its ability to continue as

Another day, another big solar installer faces bankruptcy. This time, the latest company to face the "solar coaster" is Sunnova Energy International, which is looking down the barrel at a cash flow that's insufficient to meet its obligations and fund operations.

Sunnova reported a net loss of $127.7 million, narrower than the $234.8 million loss reported a year earlier. The Houston-based company was founded in 2012

Saudi Arabia's state-owned oil giant Aramco reported a $106.25 billion profit in 2024 on Tuesday, down 12% from the prior year as lower energy prices now squeeze the kingdom's multi-trillion-dollar development plans.

Saudi Arabia’s state-owned oil giant Aramco has reported a $106.25 billion profit in 2024, down 12% from the prior year on lower energy prices