The CEO of Renova Energy, the Coachella Valley-based seller of solar power systems, says it has ceased operations and is reconstituting itself as a new company called Mycrogrid, which will have a different business strategy.
The long-term impact on customers who have existing solar systems serviced by Renova was not immediately clear, but CEO and founder Vincent Battaglia said anyone who bought or leased a solar system through Renova Energy and has an active warranty will have it honored under the warranty terms. Battaglia will also lead the new company, Mycrogrid.

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