by James Lynch
The National Review
A solar installation company that received a $3 billion partial loan guarantee from the Biden administration declared bankruptcy earlier this week as the solar industry faces uncertain headwinds.
Sunnova Energy said Sunday that it filed for Chapter 11 bankruptcy in South Texas to facilitate a sale of its assets and business operations. The company will continue operating in the meantime as bidders submit proposals…
“The green energy disaster in America is only getting larger and more inexcusable,” said Steve Milloy, a senior fellow at the Energy and Environmental Legal Institute. Milloy is a prominent skeptic of green energy and apocalyptic climate change predictions.
“During the Obama era, the Solyndra fiasco only cost $500 million,” Milloy said. “But now, in 2025, the Joe Biden-subsidized Sunnova cost taxpayers $3 billion. Solar power has no purpose and only raises electricity prices.
