Sunnova CEO on IPO, Tesla and Solar Power

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Sunnova Energy International (NOVA) - Get Report officially went public on Thursday, July 25. 

CEO John Berger talked to TheStreet about the future of solar, Tesla and how he plans to expand globally.

Sunnova opened for trading on the New York Stock Exchange around $11. Its pricing was announced around $12 Wednesday night. 

When asked when he expects the U.S. to switch to, or even adopt, solar-powered energy, here's what Berger had to say:

"Well, you know, like everything, it starts out slow and then accelerates and then as you mature in the market--so what they call an S-curve. And I think, you know, my personal opinion is that we're really moving as an industry and on a global basis, we're starting to really hit that inflection point on. It's probably driven by a lot of different things. The technology of solar panels has gotten incredibly cheap. But also now batteries are coming into market at an ever-faster clip, not only for cars but also for what we're doing now with phones as well. So that's an exciting catalyst that a lot of people are taken advantage of and we're seeing a lot more growth in the marketplace," he said.

Tesla (TSLA) - Get Report , which released earnings after the bell Wednesday, makes its own solar panels. But when asked whether or not Tesla was more of a partner or a competitor, Berger responded that it was a bit of both. 

Watch to see his full answer, and how Sunnova is planning on expanding globally. 

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