MINNETONKA, Minn., May 24, 2024 (GLOBE NEWSWIRE) — Pineapple Energy Inc. SUNation signed off on the 1.95-megawatt venture. SUNation will start work on this huge business set up in early July. The venture, which can be housed in a big industrial constructing in New York, will function an accelerated set up.
The developer has over 200 MW of power in its deliberate renewables pipeline within the nation. They selected SUNation due to their in depth data of interconnection in New York State in addition to their profitable monitor file of delivering tasks on time and on finances.
“Projects of this dimension and complexity can take years to develop. This venture went from first contact to implementation in a matter of months. This developer actually is aware of what they need and when who they wish to work with. Congratulations to my SUNation Commercial and Industrial workforce for his or her arduous work to satisfy the wants of this venture,” mentioned Scott Maskin, Interim CEO of Pineapple Energy and SUNation Founder.
John Mucci, General Manager of SUNation’s New York Operations, famous that, “SUNation has secured comparable contracts in current months. This is an thrilling time for SUNation,” Mucci added that, “The demand for industrial and business work has grown in current months as homeowners see the worth of going photo voltaic.
About Pineapple Energy
Pineapple is targeted on rising main native and regional photo voltaic, storage, and power companies corporations throughout the nation. Our imaginative and prescient is to speed up the power transition by way of the grassroots progress of photo voltaic electrical energy paired with battery storage. Our portfolio of manufacturers (SUNation, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power) supplies owners and small companies with an end-to-end product providing that covers photo voltaic, battery storage, and grid companies.
Forward-Looking Statements
This press launch comprises sure forward-looking statements throughout the which means of the Private Securities Litigation Reform Act of 1995, together with statements about future monetary efficiency, future progress or progress alternatives, future alternatives, future flexibility to pursue acquisitions, future money move and future earnings. These statements are based mostly on the Company’s present expectations or beliefs and are topic to uncertainties and modifications in circumstances. Actual outcomes might differ materially from these expressed or implied by the statements herein as a result of modifications in financial, enterprise, aggressive or regulatory components, and different dangers and uncertainties, together with these set forth in Company filings with the Securities and Exchange Commission. The forward-looking statements on this press launch converse solely as of the date of this press launch. The Company undertakes no obligation to replace or revise these forward-looking statements for any cause, besides as required by regulation.
| Contacts: | |
| Scott engine Interim Chief Executive Officer +1 (631) 823-7131 Scott.Maskin@pineappleenergy.com Pineapple Investor Relations |
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