News & Videos - PINEAPPLE ENERGY INC. - English

RONKONKOMA, N.Y., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (Nasdaq: PEGY) (Pineapple Energy) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, today announced that it is changing its corporate name to SUNation Energy, Inc. (“SUNation”). The effective date for the name change will be announced in the near term. The corporate name change and a...

RONKONKOMA, N.Y., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (Nasdaq: PEGY) (“Pineapple” or the “Company”) , a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, today announced that it will distribute to the holders of its non-transferable Contingent Value Rights (“CVRs”) a payment of $850,269, or $0.35 per CVR. “Since taking the helm, one of our top priorities has been honoring...

RONKONKOMA, N.Y., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (Nasdaq: PEGY) (“Pineapple” or the “Company”) , a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, today announced that Scott Maskin, Interim CEO, will host a virtual Fireside Chat on November 14 th , 2024 at 10:00 AM ET. The event will be moderated by Julien Dumoulin-Smith, Managing Director, Power, Utilities, & Clean...

RONKONKOMA, N.Y., Oct. 28, 2024 (GLOBE NEWSWIRE) -- SUNation, the New York-based subsidiary of Pineapple Energy Inc. (Nasdaq: PEGY) ("Pineapple" or the "Company"), a leading provider of sustainable solar energy, backup power solutions, and system servicing, today announced a strategic partnership with Houston, Texas-based Radial Power, a key player within distributed energy and a provider of sustainability solutions for commercial and industrial real estate asset owners. This strategic...

RONKONKOMA, N.Y., Oct. 24, 2024 (GLOBE NEWSWIRE) -- SUNation, the New York-based subsidiary of Pineapple Energy Inc. (Nasdaq: PEGY) (Pineapple Energy) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, has completed the foundational engineering work for an 8.46 MW series of commercial projects on Long Island collectively valued at $11 million. The work was performed...

RONKONKOMA, N.Y., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (Nasdaq: PEGY) (“Pineapple” or the “Company”) , a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, today announced that work will soon be commencing on two new commercial contracts for solar projects on Long Island. The work will be performed under contract for facilities within the arts & entertainment and consumer retail...

RONKONKOMA, N.Y., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (the “Company”) (NASDAQ: PEGY), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, announced today that it has terminated the operating lease for its former corporate office in Minnetonka, Minnesota. The termination of the lease, which was set to expire in 2027, is expected to save the Company approximately $17,500 per month or...

RONKONKOMA, N.Y., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (the “Company”) (NASDAQ: PEGY) announced today that effective at 12:01 a.m. Central Time on October 17, 2024, the Company will implement a 1-for-50 reverse stock split of its outstanding common stock, which is within the range approved by stockholders at the annual meeting of the Company's shareholders held on July 19, 2024. The Company’s common stock will continue to trade under the symbol “PEGY” and it is...

RONKONKOMA, N.Y., Oct. 10, 2024 (GLOBE NEWSWIRE) -- SUNation Energy, the New York-based subsidiary of Pineapple Energy Inc. (Nasdaq: PEGY), has been chosen as the exclusive provider of electric vehicle (“EV”) home charging stations for Empire Automotive Group. Empire Automotive Group (“EAG”), one of the largest automotive dealership groups in New York State with a total of 20 locations, will provide complimentary SUNation Energy Level 2 EV charging stations to their new EV clients. The...

MINNETONKA, Minn., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (Nasdaq: PEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, announced today that they have entered into Securities Exchange Agreements (the “Exchange Agreements”) with the holders of the Company’s Series A convertible preferred stock (the “Series A Preferred Stock”) and related warrants (the “Warrants”) pursuant...

RONKONKOMA, N.Y., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (Nasdaq: PEGY (Pineapple Energy) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, today announced the appointment of Spring Hollis as an independent member of the Company’s Board of Directors. Ms. Hollis is an accomplished financial executive with more than 25 years of experience in...

RONKONKOMA, N.Y., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (Nasdaq: PEGY) (Pineapple Energy) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, today announced the appointment of Andy Childs as the Company’s Interim Chief Financial Officer. Mr. Childs succeeds Eric Ingvaldson who, as previously announced, resigned the position of Chief Financial...

RONKONKOMA, N.Y., Aug. 26, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Pineapple Energy Inc. (Nasdaq: PEGY), please note that the figures in Highlights from Pineapple’s New York Subsidiary SUNation and Pineapple Energy’s financial highlights in Q2 have been amended. The corrected release follows: Pineapple Energy Inc. (Nasdaq: PEGY) (Pineapple Energy) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and backup...

RONKONKOMA, N.Y., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (Nasdaq: PEGY) (Pineapple Energy) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities and for servicing existing systems, is providing an update on the performance of its ongoing business activities, with the goal of giving context to the Company’s recently filed earnings report. “Our results for the second quarter of 2024...

RONKONKOMA, N.Y., July 31, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (Nasdaq: PEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, has regained compliance with Nasdaq’s equity requirements. Pineapple’s newly regained compliance relates to Listing Rule 5550(b)(1), also known commonly as the “Equity Rule,” which requires for companies listed on the Nasdaq Capital Market to maintain...

RONKONKOMA, N.Y., July 29, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (Nasdaq: PEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and backup power to households and small businesses, has successfully completed its first round of capital fundraising. The collaborative effort by Conduit Capital and MBB Energy, which can provide Pineapple over $1 million, was approved both by the Pineapple Board of Directors and Pineapple's existing senior lenders. The...

RONKONKOMA, N.Y., July 23, 2024 (GLOBE NEWSWIRE) -- SUNation, the New York-based subsidiary of Pineapple Energy Inc. (Nasdaq: PEGY) (“Pineapple” or the “Company”), has been designated the number one solar + storage New York-based installer by Solar Power World, a leading industry publication. In 2023, SUNation had installed five (5) times the amount of battery storage capacity compared to its local industry peers. Each year, Solar Power World recognizes industry leaders with their Top...

MINNETONKA, Minn., July 18, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (Nasdaq: PEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, has regained compliance with NASDAQ’s bid price requirement. Pineapple’s compliance relates to Listing Rule 5550(a)(2), also known commonly as the “Bid Price Rule,” which calls for companies to have their stock price consistently above $1.00 US. “Ensuring...

MINNETONKA, Minn., July 08, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (Nasdaq: PEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, has engaged Conduit Capital to provide structural internal support, staffing, and assistance with capital raising activities. Conduit Capital is a group known for connecting companies to mission aligned investors. The partnership also includes the addition of key...

MINNETONKA, Minn., July 08, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, is urging shareholders who have yet to vote their shares to do so before July 19 th , 2024. Pineapple’s annual shareholder vote, which was virtually held on July 1 st , 2024, had resulted in 49,447,703 shares, or 45.6% voter participation. Due to Pineapple’s...