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SUNation Energy (Nasdaq: SUNE) announced it will ring the Nasdaq Closing Bell at Times Square on December 16, 2024, commemorating its corporate name change. CEO Scott Maskin, along with the board of directors, management team, and advisors, will attend the ceremony.
Founded in 2003, SUNation has installed over 12,000 residential and commercial solar systems, generating approximately 130 MW of clean solar power. The company has provided energy cost savings to families and businesses in the New York metro area and Hawaii. The name change aims to capitalize on the company's brand equity built through quality service, engineering, installation, and after-market support.
SUNation Energy (Nasdaq: SUNE) has appointed Scott Maskin as permanent Chief Executive Officer, effective December 10, 2024. Maskin, who has served as Interim CEO since May 2024, co-founded SUNation Energy in 2003 and brings over 20 years of experience in solar and battery storage industries.
During his interim tenure, Maskin has successfully reduced overhead and operating expenses, improved corporate governance, restructured internal operations, and addressed capital structure weaknesses. Board Chairman Roger H.D. Lacey praised Maskin's industry expertise and leadership, highlighting his background as a master electrician and his understanding of solar installations.
SUNation Energy (Nasdaq: SUNE), a leading sustainable solar energy and backup power provider, announced its participation in the Bank of America Clean Energy Symposium. Interim CEO Scott Maskin and COO Jim Brennan will join a panel discussion titled 'Democratizing Solar: Tapping into the Untapped US Residential Market' on December 5, 2024, at 11:00 AM ET. Management will conduct in-person investor meetings on December 5 and virtual meetings on December 6, 2024. Interested investors can arrange meetings through their Bank of America representatives.
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