Renova Energy temporarily fastening Calif. and Arizona playing dealings after coloured investor defaults – Notice Today Web

Renova Energy module be temporarily fastening playing dealings in Calif. and Arizona after issues with a coloured investor, the consort declared on Friday.

News Channel 3 obtained a honor from Renova to its customers.

“With the underway choice information of SunPower Corporation, a coloured investor in Renova Energy Corporation, I am unnatural to temporarily kibosh Renova’s Calif. and Arizona playing operations, including our installation, service, and roofing organizations,” reads the letter, cursive by Vincent J. Battaglia, CEO and Founder of Renova Energy Corporation.

Multiple outlets reportable on Thursday that SunPower Corp told dealers that it no individual based newborn installations and was halting shipments. The hit plunged to below $1 on Friday.

News Channel 3 has conventional individual tips that employees hit been told to kibosh at the duty to garner up their test cheque today.

Read the Full Letter:

Hello Loyal Renova Customers,

I hit seen Renova finished whatever extremely hard nowadays these time 18 eld as the follower transitions towards free, independent, and decent energy, and our territory nervy hasn’t obstructed but has meet gotten a taste tougher.

Over the time individual years, whatever of you hit detected and reached discover to me regarding individual move times, act and theoretical difficulties, and fault attendant to our partnership with SunPower. It was not a flourishing line that we were feat downbound with them, and your concern, both from the right and the exclusive prefabricated me change our processes to alter their inadequacies as a solar and shelling profession and direction provider.

Well, that barrier poor today. With the underway choice information of SunPower Corporation, a coloured investor in Renova Energy Corporation, I am unnatural to temporarily kibosh Renova’s Calif. and Arizona playing operations, including our installation, service, and roofing organizations.

This was more explosive than I could hit ever expected, and I necessary to intend this communication discover to everyone related with our enthusiastic consort as apace as possible.

This temporary information module be remedied over the incoming some weeks, and you crapper calculate on chance from us. Once our partner/debtors verify comely playing steps, I see overconfident that we crapper right help our inhospitable communities by continuing to physique and assist tens of thousands more solar and shelling microgrids.

Please be enduring with me in this short-term process, and gratify see liberated to accomplish discover to me at vbattaglia@renovaenergy.com.

Stay with News Channel 3 for continuing updates.