SUNation Energy Corporate

Pineapple Energy Inc. (Nasdaq: PEGY) today announced that it has begun the effectuation of the change to its corporate name to SUNation Energy, Inc. (“SUNation”) by filing its Certificate of Incorporation with the Secretary of State of Delaware under our new name, and that the Company will begin trading on Nasdaq under the trading symbol “SUNE” on November 19th, 2024. Read more here: https://lnkd.in/egk7Ause

Join us LIVE for Interm CEO Scott Maskin's fireside chat right now! Visit https://lnkd.in/dTyHbBB4 and click the link to register for access to our live interview and Q&A.

Pineapple Energy Inc. today announced that it has regained compliance with the Nasdaq Capital Market’s continued listing standard for the minimum share price requirement under Nasdaq Listing Rule 5550(a)(2). The Nasdaq staff made this determination of compliance after the closing bid price of the Company’s common stock was above $1.00 per share for a minimum of 10 consecutive trading days.? You can learn more here: https://lnkd.in/ewYYbQyq

Pineapple Energy announced today it is changing its corporate name to SUNation Energy, Inc. The corporate name change and a proposal to approve the redomestication and change in the Company’s legal state of incorporation from Minnesota to Delaware were each overwhelmingly approved at a Special Meeting of Shareholders held on November 4, 2024. Learn more in our latest press release at https://lnkd.in/eD4Y9DTg #PineappleEnergy #PEGY #SUNation

Scott Maskin, Interim CEO of Pineapple Energy, Shares His Perspective on Election Results and the Future of the Solar and Storage Industry As we consider potential impacts from the Presidential Election, I am cautiously optimistic about the future of the solar and storage industry under the incoming Trump administration. Our industry not only creates valuable jobs but generates substantial revenue at the regional level, positioning us as a significant contributor to the national energy mix alongside oil, coal, gas, and wind. Importantly, our distributed energy solutions enhance local infrastructural resilience, making us a vital part of energy security. The commercial and industrial (C&I) solar sector is growing at a remarkable rate. This growth aligns with a narrative that prioritizes economic expansion, which could encourage further investment in solar and storage solutions as part of the broader infrastructure. In the 1980s, the United States lost ground in renewable manufacturing, with much of the sector moving overseas. However, the tariffs imposed by the first Trump administration on Chinese manufacturing began to reverse that trend by incentivizing domestic production. Today, many of these companies have relocated production facilities to the US and are capitalizing on incentives from Biden's Inflation Reduction Act (IRA) and domestic content adders, which in turn strengthens our domestic renewable supply chain. Elon Musk’s support of President-Elect Trump offers another encouraging prospect. As a leader in electrification and clean energy, Musk’s vision could positively influence both the residential and commercial sectors, driving advancements in renewable adoption and electric infrastructure. Additionally, efforts to control inflation and further adjustment of interest rates by the Federal Reserve will likely benefit our sector by stabilizing capital costs, making solar and storage solutions more accessible for both businesses and individuals. As a 21-year veteran on this “Solar Coaster,” I’ve witnessed our industry’s resilience through every administration, whether Republican or Democratic. Our biggest challenges tend to arise at the state and utility levels rather than the federal level, and I’m confident that we’ll continue to grow and innovate regardless of national politics. Together, we’re well-positioned to continue leading the transition to a cleaner, more sustainable energy future. Thank you for your commitment and for joining me on this exciting journey.

Pineapple Energy announces that Scott Maskin, Interim CEO, will host a Fireside Chat on November 14, 2024 at 10am ET. The event will be moderated by Julien Dumoulin-Smith, Managing Director, Power, Utilities, & Clean Energy Equity Research group at Jefferies. Mr. Maskin will discuss recent developments, provide an overview of Pineapple’s business and industry, outline strategies to enhance shareholder value, and answer questions from current and prospective shareholders. For the link and other details, visit https://lnkd.in/ePwJV6Z2 #PineappleEnergy #PEGY

Pineapple Energy announces today a strategic partnership between our NY subsidiary SUNation Energy and Radial Power LLC, a key player within distributed energy and a provider of sustainability solutions for commercial and industrial real estate asset owners. Read more in our latest press release here: https://lnkd.in/eHY3spx6 #PineappleEnergy #PEGY

Pineapple Energy's New York subsidiary SUNation Energy has completed the foundational engineering work for an 8.46 MW series of commercial projects on Long Island collectively valued at $11 million. “The commercial side of the business is the solar success story of 2024,” Scott Maskin, Pineapple Energy’s interim CEO noted. “But these projects are quite complex. Still, we continue to see how benefits for both business owners who go solar and the expansion of green energy options to the broader community make these efforts well-worth it.” Read more in our latest press release here: https://lnkd.in/e7szHg5P #PineappleEnergy #PEGY #CommercialSolar

Pineapple Energy is excited to announce two additional Commercial Solar Installations for our SUNation Energy team on Long Island. “Once again, the market demonstrates that there is ample demand for commercial and industrial work in the renewable energy space,” Scott Maskin, Pineapple’s Interim CEO, said. “As energy prices continue to increase, commercial, industrial, and institutional property owners see the value, savings, and energy security that solar delivers.” https://lnkd.in/e7U4KjKm #PineappleEnerg #PEGY

Pineapple Energy announced today that it has terminated the operating lease for its former corporate office in Minnesota, saving the Company approximately $480,000. To learn more, read our press release for details: https://lnkd.in/epD9mWcg #PineappleEnergy #PEGY