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SUNation Energy to Ring the Nasdaq Closing Bell on December 16, 2024

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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) ha annunciato che il 16 dicembre 2024 suonerà la Campana di Chiusura del Nasdaq a Times Square, per commemorare il cambio del nome aziendale. Il CEO Scott Maskin, insieme al consiglio di amministrazione, al team di gestione e ai consulenti, parteciperà alla cerimonia.

Fondata nel 2003, SUNation ha installato oltre 12.000 impianti solari residenziali e commerciali, generando circa 130 MW di energia solare pulita. L'azienda ha offerto risparmi sui costi energetici a famiglie e imprese nell'area metropolitana di New York e alle Hawaii. Il cambio di nome mira a capitalizzare l'equità del marchio costruita attraverso un servizio di qualità, ingegneria, installazione e supporto post-vendita.

SUNation Energy (Nasdaq: SUNE) anunció que sonará la Campana de Cierre del Nasdaq en Times Square el 16 de diciembre de 2024, conmemorando el cambio de nombre corporativo. El CEO Scott Maskin, junto con la junta directiva, el equipo de gestión y asesores, asistirá a la ceremonia.

Fundada en 2003, SUNation ha instalado más de 12,000 sistemas solares residenciales y comerciales, generando aproximadamente 130 MW de energía solar limpia. La empresa ha proporcionado ahorros en costos de energía a familias y negocios en el área metropolitana de Nueva York y Hawái. El cambio de nombre tiene como objetivo capitalizar el capital de marca que se ha construido a través de un servicio de calidad, ingeniería, instalación y soporte post-venta.

SUNation Energy (Nasdaq: SUNE)는 2024년 12월 16일 타임스퀘어에서 나스닥 폐장 벨을 울릴 것이라고 발표했으며, 이를 통해 회사명 변경을 기념합니다. CEO인 스콧 마스킨과 이사회, 경영진 및 자문가들이 이 행사에 참석할 것입니다.

2003년에 설립된 SUNation은 12,000개 이상의 주거용 및 상업용 태양광 시스템을 설치했으며, 약 130 MW의 청정 태양광 에너지를 생산하고 있습니다. 이 회사는 뉴욕 대도시 지역 및 하와이에 있는 가정과 기업에 에너지 비용 절감을 제공해왔습니다. 회사명 변경은 품질 서비스, 엔지니어링, 설치 및 애프터 서비스 지원을 통해 형성된 브랜드 자산을 활용하려는 목적이 있습니다.

SUNation Energy (Nasdaq: SUNE) a annoncé qu'elle sonnera la cloche de clôture du Nasdaq à Times Square le 16 décembre 2024, pour commémorer le changement de son nom d'entreprise. Le PDG Scott Maskin, ainsi que le conseil d'administration, l'équipe de direction et les conseillers, assisteront à la cérémonie.

Fondée en 2003, SUNation a installé plus de 12 000 systèmes solaires résidentiels et commerciaux, générant environ 130 MW d'énergie solaire propre. L'entreprise a permis aux familles et aux entreprises de la région métropolitaine de New York et d'Hawaï de réaliser des économies sur les coûts énergétiques. Le changement de nom vise à tirer parti du capital de marque construit grâce à un service de qualité, à l'ingénierie, à l'installation et au support après-vente.

SUNation Energy (Nasdaq: SUNE) hat angekündigt, dass es am 16. Dezember 2024 die Nasdaq Closing Bell am Times Square läuten wird, um die Umbenennung des Unternehmens zu feiern. CEO Scott Maskin sowie der Vorstand, das Management-Team und Berater werden an der Zeremonie teilnehmen.

Gegründet im Jahr 2003 hat SUNation über 12.000 Wohn- und Gewerbesolaranlagen installiert und dabei etwa 130 MW saubere Solarenergie erzeugt. Das Unternehmen hat Familien und Unternehmen im Großraum New York und Hawaii Energiekosteneinsparungen ermöglicht. Die Namensänderung zielt darauf ab, das durch Qualität, Ingenieurwesen, Installation und After-Sales-Service aufgebaute Marken-Equity zu nutzen.

Positive
  • Installed over 12,000 solar systems generating 130 MW of clean power
  • 20+ years of operational history since 2003
  • Established presence in New York metro area and Hawaii markets
Negative
  • None.

RONKONKOMA, N.Y., Dec. 16, 2024 (GLOBE NEWSWIRE) -- SUNation Energy, Inc. (Nasdaq: SUNE) (“SUNation” 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 ring the Closing Bell at the Nasdaq MarketSite in Times Square, New York City on Monday, December 16, 2024.

Scott Maskin, Chief Executive Officer and the Company’s Founder, will be joined by SUNation’s board of directors, members of the management team, and advisors.

“We are honored to ring the Nasdaq Closing Bell to commemorate our corporate name change and to recognize the efforts of our talented team of professionals who have worked incredibly hard to position SUNation for long-term success,” said Mr. Maskin. “We believe that energy independence is essential for a sustainable future. Founded in 2003, SUNation is one of the industry’s original solar energy companies. Over the last 20-plus years we have installed more than 12,000 residential and commercial solar systems that have generated approximately 130 MW of clean solar power. These installations have delivered tangible and impactful annual energy cost savings for countless families and businesses within the New York metro area and across Hawaii.”

“Our recent name change brings us back to our roots and leverages the significant brand equity we have built by providing residential and commercial customers with an outstanding end-to-end experience, high-quality engineering and installation, and dependable after-market support. We look forward to our future with confidence.”

The live broadcast of the Nasdaq Closing Bell ceremony will begin at 3:45 p.m. Eastern Time and will available at: https://www.nasdaq.com/marketsite/bell-ringing-ceremony

About SUNation Energy
SUNation Energy is focused on growing leading local and regional solar, storage, and energy services companies nationwide. Our vision is to power the energy transition through grass-roots growth of solar electricity paired with battery storage. Our portfolio of brands (SUNation, Hawaii Energy Connection, E-Gear) provide homeowners and businesses of all sizes with an end-to-end product offering spanning solar, battery storage, and grid services.

Forward Looking Statements 
This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Company’s current expectations or beliefs and are subject to uncertainty and changes in circumstances. While the Company believes its plans, intentions, and expectations reflected in those forward-looking statements are reasonable, these plans, intentions, or expectations may not be achieved. For information about the factors that could cause such differences, please refer to the Company’s filings with the Securities and Exchange Commission, including, without limitation, the statements made under the heading “Risk Factors” in the Company's Annual Report on Form 10-K for the year ended December 31, 2023 and in subsequent filings. The Company does not undertake any obligation to update or revise these forward-looking statements for any reason, except as required by law.

Safe Harbor Statement
Our prospects here at SUNation Energy Inc. are subject to uncertainties and risks. This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. The Company intends that such forward-looking statements be subject to the safe harbor provided by the foregoing Sections. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this presentation. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words "believes", "expects", "anticipates", "intends", "estimates", "plans", "projects", "should", or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. We caution readers not to place undue reliance upon any such forward-looking statements. The Company does not undertake to publicly update or revise forward-looking statements, whether because of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company and its operations are contained in the Company's filings with the SEC which can be found on the SEC's website at www.sec.gov.

Contacts:
Scott Maskin
Chief Executive Officer
+1 (631) 823-7131
smaskin@sunation.com

SUNation Energy Investor Relations
+1 (952) 996-1674
IR@sunation.com
 

FAQ

How many solar systems has SUNation Energy (SUNE) installed since its founding?

SUNation Energy has installed more than 12,000 residential and commercial solar systems since its founding in 2003.

What is the total power generation capacity of SUNation Energy's (SUNE) installations?

SUNation Energy's installations have generated approximately 130 MW of clean solar power.

Which geographical markets does SUNation Energy (SUNE) currently serve?

SUNation Energy serves the New York metro area and Hawaii markets.

When was SUNation Energy (SUNE) founded?

SUNation Energy was founded in 2003, making it one of the industry's original solar energy companies.

When is SUNation Energy (SUNE) ringing the Nasdaq Closing Bell?

SUNation Energy is ringing the Nasdaq Closing Bell on December 16, 2024, at 3:45 p.m. Eastern Time.

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