CNBC Pro

Sunnova CEO says war in Ukraine will spur shift to renewables, calls on U.S. to foster solar panel production

A team of workers installing solar panels on a home in California.
adamkaz | E+ | Getty Images

The calls for more oil and gas production have been loud and persistent since Russia invaded Ukraine. But the higher hydrocarbon prices that have resulted from the conflict will ultimately fuel a shift to renewables, said John Berger, CEO of solar energy company Sunnova.

"Every once in a while [geopolitical tensions] get to be a really big, massive global problem ... and it becomes a national security concern," he said in a recent interview. "Democracies never ever respond until there's a crisis. There's now a crisis. So democracy will respond."

More In Investing trends

RBC just named its top picks for the fourth quarter. These are some of the stocks that made the cut
CNBC ProRBC just named its top picks for the fourth quarter. These are some of the stocks that made the cut
Rising rates and volatile markets: A guide to keeping your investments on course in the fourth quarter
CNBC ProRising rates and volatile markets: A guide to keeping your investments on course in the fourth quarter
The fourth quarter starts now, and it's not looking good for the economy
CNBC ProThe fourth quarter starts now, and it's not looking good for the economy