Pineapple Subsidiary SUNation Signs 1.95-Megawatt Project
May 24 2024 - 6:07PM
Pineapple Energy Inc. (“Pineapple”), a leading provider of
sustainable solar energy and backup power to households and small
business, announced today that its New York-based subsidiary
SUNation signed a 1.95-megawatt project. SUNation will begin work
on this large-scale commercial installation in early July. The
project, to be installed on a large industrial building in New
York, will feature an expedited installation.
The developer has more than 200 MW of energy in their projected
renewables pipeline nationally. They chose SUNation due to their
extensive interconnection knowledge in the State of New York as
well as their successful track record of delivering projects on
time and on budget.
“Projects of this size and complexity can take years to develop.
This project went from first contact to execution in a matter of
months. This developer knew exactly what they wanted and who they
wanted to work with. Congratulations to my SUNation Commercial and
Industrial team for the herculean effort to meet the requirements
of this project,” said Scott Maskin, Interim CEO of Pineapple
Energy and SUNation Founder.
John Mucci, General Manager of SUNation’s New York Operations,
noted that, “SUNation has been securing similar contracts in recent
months. It is an exciting period for SUNation,” Mucci added that,
“The demand for industrial and commercial work has grown in recent
months as owners see the value in going solar.”
About Pineapple EnergyPineapple is focused on
growing leading local and regional solar, storage, and energy
services companies nationwide. Our vision is to power the energy
transition through grass-roots growth of solar electricity paired
with battery storage. Our portfolio of brands (SUNation, Hawaii
Energy Connection, E-Gear, Sungevity, and Horizon Solar Power)
provide homeowners and small businesses with an end-to-end product
offering spanning solar, battery storage, and grid services.
Forward Looking StatementsThis press release
includes certain forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995, including
statements regarding future financial performance, future growth or
growth opportunities, future opportunities, future flexibility to
pursue acquisitions, future cash flows and future earnings. These
statements are based on the Company’s current expectations or
beliefs and are subject to uncertainty and changes in
circumstances. Actual results may vary materially from those
expressed or implied by the statements here due to changes in
economic, business, competitive or regulatory factors, and other
risks and uncertainties, including those set forth in the Company’s
filings with the Securities and Exchange Commission. The
forward-looking statements in this press release speak only as of
the date of this press release. The Company does not undertake any
obligation to update or revise these forward-looking statements for
any reason, except as required by law.
Contacts: |
Scott MaskinInterim Chief
Executive Officer+1 (631)
823-7131Scott.Maskin@pineappleenergy.comPineapple Investor
Relations+1 (952) 996-1674IR@pineappleenergy.com |
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