Pineapple Energy Subsidiary SUNation Completes Foundational Engineering Work on 8.46 MW Commercial Installations Valued at $11 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 24 2024
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Source: Newsfilter
Project Overview: SUNation, a subsidiary of Pineapple Energy Inc., has completed foundational engineering for an 8.46 MW solar project on Long Island valued at $11 million, with construction expected to begin in 2025 if finalized contracts are agreed upon.
Business Insights: The interim CEO highlighted the commercial solar sector as a success story for 2024, noting a trend towards bundling projects into packages rather than focusing on individual structures, reflecting evolving approaches in the industry.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
