Articles from Pineapple Energy

New Ticker Symbol “SUNE” Effective November 19TH, 2024

RONKONKOMA, N.Y., Nov. 12, 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 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).

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.

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.

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 14th, 2024 at 10:00 AM ET. The event will be moderated by Julien Dumoulin-Smith, Managing Director, Power, Utilities, & Clean Energy Equity Research group at Jefferies.

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.

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.

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.

RONKONKOMA, N.Y., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (the “Company”) (NASDAQPEGY), 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.

RONKONKOMA, N.Y., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (the “Company”) (NASDAQPEGY) 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 expected to open for trading on Nasdaq on October 17, 2024 on a post-split basis. The new CUSIP number for the common stock following the reverse stock split will be 72303P404.

Agreement Creates New Potential Revenue Stream By Introducing new EV Owners to Residential Solar Powered by SUNation

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 to which the holders have agreed to exchange the Series A Preferred Stock and Warrants for shares of the Company’s Series C convertible preferred stock (the “Series C Preferred Stock”).

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.

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.

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:

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.

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.  

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.

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.

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.  

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.

Pineapple Energy Urges All Shareholders Who Have Yet to Vote To Do So Before July 19th, 2024

MINNETONKA, Minn., June 25, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses encourages its shareholders to participate actively in the upcoming meeting of shareholders scheduled on July 1, 2024.

SUNation Energy To Install Solar System at National Training Center on Long Island

SUNation Energy Surpasses Commercial and Industrial Milestone, Sees Potential for Robust Project Pipeline in Coming Year

Purchase by Pineapple Energy’s Interim CEO Affirms Commitment to Company’s Goals for Growth

SUNation Energy’s Work With The Shinnecock Nation Helps Ensure Tribe Has Access to Clean and Affordable Power

Pineapple Energy Engaged With Firm Known For Helping To Ensure Fairness In Free Trading Markets

MINNETONKA, Minn., June 10, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (the “Company”) (NASDAQPEGY) announced today that effective at 12:01 a.m. Central Time on June 12, 2024, the Company will implement a 1-for-15 reverse stock split of its outstanding common stock. The Company’s common stock will continue to trade under the symbol “PEGY” and it is expected to open for trading on Nasdaq on June 12, 2024 on a post-split basis.

SUNation Energy is one of five companies across New York State to earn the highest recognition by NYSERDA for their commitment to quality work.

Pineapple Board appoints James R. Brennan as Chief Operating Officer, Reaffirms Eric Ingvaldson as Chief Financial Officer

MINNETONKA, Minn., May 24, 2024 (GLOBE NEWSWIRE) -- 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.

MINNETONKA, Minn., May 17, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (“Pineapple”), a leading provider of sustainable solar energy and backup power to households and small business, today announced that Chief Executive Officer Kyle Udseth has decided to resign his position, effective immediately. Pineapple Board Member and SUNation Energy Founder Scott Maskin will assume the position of Interim Chief Executive Officer. SUNation Energy, a regional solar company based on Long Island, NY was acquired by Pineapple Energy in November 2022. Mr. Maskin, a 23-year veteran of the solar industry, founded SUNation in 2003.

First Quarter 2024:

MINNETONKA, Minn., May 06, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Friday, May 10 at 8:30am ET to discuss the company’s first quarter 2024 financial results. The company plans to provide a press release reporting its results on the Investor Relations section of its website at https://ir.pineappleenergy.com/news-events after the close of the financial markets on May 9, 2024 prior to the conference call.

MINNETONKA, Minn., April 25, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (“Pineapple”), a leading provider of sustainable solar energy and backup power to households and small business, today commented on the announcement of $7 billion in awards through the Environmental Protection Agency’s Solar for All program.

MINNETONKA, Minn., April 08, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses encourages its shareholders to participate actively in the upcoming meeting of shareholders scheduled on April 12, 2024.

MINNETONKA, Minn., March 28, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced CVR agreement extended to December 31, 2024.

Fourth Quarter 2023:

MINNETONKA, Minn., March 23, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Thursday, March 28 at 4:15pm ET to discuss the company’s fourth quarter and full year 2023 financial results. The company plans to provide a press release reporting its results on the Investor Relations section of its website at https://ir.pineappleenergy.com/news-events after the close of the financial markets on March 28, 2024 prior to the conference call.

MINNETONKA, Minn., March 04, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, is excited to announce that CEO Kyle Udseth and CFO Eric Ingvaldson are attending Bank of America’s 2024 Power, Utilities and Clean Energy Conference in New York City, NY at the Bank of America Tower.

MINNETONKA, Minn., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced it has entered into a definitive agreement with investors for the purchase and sale of 2,702,703 shares of the Company’s common stock at a purchase price of $0.37 per share in a registered direct offering. The gross proceeds to Pineapple from the offering are expected to be approximately $1.0 million, before deducting placement agent fees and other offering expenses payable by Pineapple. The offering is expected to close on or about February 7, 2024, subject to customary closing conditions.

MINNETONKA, Minn., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, is excited to announce that CEO Kyle Udseth and CFO Eric Ingvaldson attended Bank of America’s 2023 Renewables Conference in New York City, NY at the Bank of America Tower last week and will be attending Janney’s Clean Energy Investment Symposium this week in New Orleans, LA at Tulane University.

MINNETONKA, Minn., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced financial results for the third quarter ended September 30, 2023.

MINNETONKA, Minn., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Friday, November 10 at 9:00am ET to discuss the company’s third quarter 2023 financial results. The company plans to provide a press release reporting its results on the Investor Relations section of its website at https://ir.pineappleenergy.com/news-events after the close of the financial markets on November 9, 2023 prior to the conference call.

MINNETONKA, Minn., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, announced that subsidiary E-Gear is the first company to integrate testing with Hawaiian Electric on the upcoming Bring Your Own Device (BYOD) tariff program through its ConductDER platform.

MINNETONKA, Minn., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (“Pineapple”), a leading provider of sustainable solar energy and backup power to households and small business, today commented on the extension of the battery bonus program on Oahu in the state of Hawaii.

MINNETONKA, Minn., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that subsidiary SUNation Energy has expanded to Tampa and Central Florida.

MINNETONKA, Minn., Sept. 18, 2023 (GLOBE NEWSWIRE) -- Pursuant to the merger of Communications Systems Inc. (CSI) and Pineapple Energy, Inc., which was completed on March 28, 2022, CSI shareholders of record at the close of business on March 25, 2022 (the “CVR Holders”) received one contractual, non-transferable contingent value right (“CVR”) per share of CSI common stock. Each CVR represents the right to receive a pro rata portion of proceeds available from the disposition of CSI’s premerger assets during the 24-month period following the effective time of the merger.

MINNETONKA, Minn., Aug. 25, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, is excited to announce that CEO Kyle Udseth and CFO Eric Ingvaldson will be attending Roth’s 10th Annual Solar & Storage Symposium at RE+, which will be held at The Venetian Convention and Expo Center in Las Vegas, Nevada on September 12th.

MINNETONKA, Minn., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced financial results for the second quarter ended June 30, 2023.

MINNETONKA, Minn., Aug. 04, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Friday, August 11 at 8:30am ET to discuss the company’s second quarter 2023 financial results. The company plans to provide a press release reporting its results on the Investor Relations section of its website at https://ir.pineappleenergy.com/news-events after the close of the financial markets on August 10, 2023 prior to the conference call.

MINNETONKA, Minn., July 07, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced the sale of substantially all the assets of legacy non-core subsidiaries JDL Technologies, Incorporated (“JDL”) and Ecessa Corporation (“Ecessa”) to TheIPGuys.net LLC doing business as OneNet Global (the “Transaction”). The Transaction closed on June 30, 2023.

–$7.5 million debt instrument with 48-month term––Retires SUNation short-term seller’s note with no equity dilution––Allows Pineapple to move forward with full integration of SUNation for synergy realization–

MINNETONKA, Minn., June 01, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will participate in one upcoming investor conference taking place in June. Attendance at the conferences is open to clients of the respective firms.

MINNETONKA, Minn., May 11, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced financial results for the first quarter ended March 31, 2023.

MINNETONKA, Minn., May 05, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Friday, May 12, at 8:00 a.m. ET to discuss the Company’s First Quarter 2023 financial results. The Company plans to post a press release reporting its results on the Investor Relations section of its website at https://pineapple-holdings.com/investor-resources/ after the close of the financial markets on May 11, 2023 and prior to the conference call.

MINNETONKA, Minn., May 01, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will participate in two upcoming investor conferences taking place in May. Attendance at the conferences is open to clients of the respective firms.

MINNETONKA, Minn., March 30, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced select financial results for the fourth quarter ended December 31, 2022. Results reflect a partial quarter of contribution from SUNation, the acquisition of which closed on November 9, 2022.

MINNETONKA, Minn., March 22, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that its technology subsidiary E-Gear will license its proprietary Energy Management Controller (“EMC”) to energy storage leader Eguana for use in their portfolio of battery energy storage systems.

MINNETONKA, Minn., March 20, 2023 (GLOBE NEWSWIRE) -- In a release issued earlier today by Pineapple Energy Inc. (NASDAQPEGY) please note that in the headline and first paragraph of the release, the release date should be March 30, not March 31 as previously stated. The corrected release follows:

MINNETONKA, Minn., March 20, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Friday, March 31, at 8:00 a.m. ET to discuss the Company’s Fourth Quarter 2022 financial results. The Company plans to post a press release reporting its results on the Investor Relations section of its website at https://pineapple-holdings.com/investor-resources/ after the close of the financial markets on March 31, 2023 and prior to the conference call.

MINNETONKA, Minn., March 02, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management participate at the 35th Annual Roth conference in Laguna Niguel, California. Management will be available for one-on-one meetings with institutional investors during the conference on March 13th – 14th. Attendance at the conference is open to clients of Roth Capital Partners. For more information or to request a meeting, please contact your Roth sales representative.

MINNETONKA, Minn., Feb. 24, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that Kyle Udseth, Chief Executive Officer, will ring the closing bell at the Nasdaq MarketSite in New York City’s Time Square, Monday, February 27, 2023 at 4:00 p.m. ET. The Company commenced trading on the Nasdaq Stock Market under the ticker symbol “PEGY” on March 29, 2022 and closed its merger with Communications Systems, Inc. on March 28, 2022.

MINNETONKA, Minn., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that its subsidiary SUNation was awarded a contract with a major New York State real estate developer to outfit sustainable homes, demonstrating early traction in its strategy to enter the new-build housing market.

MINNETONKA, Minn., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced an initiative led by recently-acquired SUNation that aims to expand access and training for the next generation of workers in the solar energy industry.

MINNETONKA, Minn., Jan. 24, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, filed a Form 8-K/A on January 23, 2023 that includes unaudited pro forma financial information illustrating the financial impact of the acquisition of SUNation, which closed on November 9, 2022.

MINNETONKA, Minn., Nov. 17, 2022 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (“Pineapple,” “Pineapple Energy” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, announced today, as required by Nasdaq Listing Rule 5635(c)(4), that in connection with the appointments of Scott Maskin and James Brennan to the roles of Senior Vice President and General Manager, New York Division of the Company and Senior Vice President, Corporate Development of the Company, respectively, effective November 9, 2022, each of Messrs. Maskin and Brennan received a grant of an inducement award on November 15, 2022.

MINNETONKA, Minn., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQPEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced financial results for the third quarter ended September 30, 2022. Results reflect performance of the Hawaiian operations; future results will reflect the SUNation acquisition that closed last week.

Acquisition Expected to Triple Annual RevenueStrong Fit with Pineapple’s Customer-centric Model

MINNETONKA, Minn., Oct. 13, 2022 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (“Pineapple,” “Pineapple Energy” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, announced today, as required by Nasdaq Listing Rule 5635(c)(4), that in connection with the appointment of Eric Ingvaldson as the Company’s Chief Financial Officer effective October 10, 2022, Mr. Ingvaldson received a grant of an inducement award on October 11, 2022.