Sunnova Energy Stock: A Ray Of Legislative Sunshine (NYSE:NOVA)


June Alcantara/E+ via Getty Images 2023 has been the year for unprecedented renewable energy growth, providing a source of security amidst market turmoil and uncertainty. Strong government policies in the European Union, China and Latin America have incentivized the switch to sustainable energy solutions to become increasingly attractive. The United States lags well behind in its adoption of renewable energy and tax incentive policies. However, earlier this week, contrary to his previous stance, senator Joe Manchin reached an agreement with Democrats to reduce US carbon emissions by 40% before 2030.