Sunnova and ChargePoint Partner to Create Electric Vehicle Charging Solutions for Homeowners
HOUSTON, October 26, 2021– (BUSINESS WIRE) – Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA), a leading US provider of residential solar and storage services, has partnered with ChargePoint, Inc., a major electric vehicle (EV) charging network operating in North America and Europe, to provide Sunnova customers with electric vehicle charging solutions.
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Sunnova customer and reseller during ChargePoint installation (Photo: Business Wire)
“Sunnova has partnered with ChargePoint to help streamline and accelerate the growth of consumer adoption of electric vehicles. Household electric vehicles increase annual energy demand by 50% to 100%, depending on the charging behavior of owners. By bundling a solar system and an electric vehicle charger in one purchase, Sunnova enables customers to properly size and install the right energy solution for all of their needs, ”said Michael Grasso, Executive Vice President, Chief Marketing Officer and growth at Sunnova. “And with ChargePoint software integrated into their personal Sunnova portal, customers will benefit from car charging optimized for their Sunnova home energy ecosystem.”
As automakers increase their electric vehicle offerings in several segments, consumers have responded with increasing adoption. There are already more electric vehicles on the road than ever before, in the first half of 2021, the growth rate of electric vehicles in the United States was 166%1 and according to the US Department of Energy, 80% of all electric vehicle charging is done at home.
“Our Sunnova adaptive home offerings are carefully developed to meet the needs of our customers. We select the most innovative technologies available in the market and preserve them for seamless integration, ”said Shankar Achanta, Senior Director of Adaptive Homes at Sunnova. “This new EV charging package gives owners the ability to power their vehicles with clean energy produced directly from their rooftops.”
“Charging home EVs is an important part of the home energy picture. The ChargePoint partnership with Sunnova will provide information on charging connected home EVs that are integrated with residential solar power and storage for a complete picture of residential energy use, ”said Bill Loewenthal, senior vice president , Produced at ChargePoint. “ChargePoint Home Flex offers an unmatched combination of power and flexibility, smart connected features and a thoughtful, secure and reliable design. With enhanced functionality in the home and driver ecosystems, ChargePoint provides technology solutions to meet the needs of EV drivers now and in the future through industry-leading partnerships.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or the future financial or operational performance of Sunnova. In some cases, you can identify forward-looking statements because they contain words such as “may”, “will”, “should”, “expect”, “expect”, “anticipate”, “go to”, ” could “,” intention “,” target “,” project “,” contemplate “,” believe “,” estimate “,” predict “,” potential “or” continue “or the negative of these words or other terms or similar expressions regarding Sunnova’s expectations, strategy, priorities, plans or intentions. Forward-looking statements contained in this press release include, without limitation, statements regarding the impact of the partnership on customers and other statements regarding the future. Sunnova’s expectations and beliefs regarding these matters may not materialize, and actual results of future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including risks. regarding our ability to forecast our business due to our limited operating history. , the effects of the coronavirus pandemic on our business and operations, our operating results and financial condition, our competition, regulatory changes applicable to our business, fluctuations in the solar energy and construction markets housing, availability of capital, supply chain uncertainty, our ability to attract and retain dealers and customers, and our relationships with dealers and strategic partners. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those described in more detail in the documents filed by Sunnova with the SEC, including our annual report on Form 10-K for the year ended December 31, 2020 and our Quarterly Report on Form 10-Q for the quarter ended June 30, 2021. The forward-looking statements contained in this press release are based on information available to Sunnova as of the date hereof, and Sunnova disclaims any obligation to update forward-looking statements. , unless required by law.
Sunnova Energy International Inc. (NYSE: NOVA) is a leading provider of residential energy storage and solar energy services with customers throughout the United States and its territories. Sunnova’s goal is to be the clean, affordable and reliable source of energy with a simple mission: to fuel energy independence so that homeowners have the freedom to live uninterrupted lives®.
For more information, please visit sunnova.com
ChargePoint, Inc., is creating a new refueling network to move people and goods with electricity. Since 2007, ChargePoint has been committed to making it easy for businesses and drivers to go electric with one of the largest electric vehicle charging networks and a comprehensive portfolio of charging solutions available today. ChargePoint’s cloud subscription platform and software-defined charging hardware are designed to include options for every charging scenario, from home and multi-family to work, parking, hospitality, retail and transport fleets of all types. Today, a single ChargePoint account provides access to hundreds of thousands of charging points in North America and Europe. To date, more than 92 million charging sessions have been delivered, with drivers connecting to the ChargePoint network every two seconds or less. For more information, visit the ChargePoint newsroom, the ChargePoint investor relations site, or contact ChargePoint’s North American or European press offices or investor relations.
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