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SUNation Energy Inc. operates across the nation, bringing together local and regional companies specializing in solar, energy storage, and related energy services. The firm's core objective is to advance the energy transition by promoting the organic growth of solar electricity coupled with battery storage solutions. Its diverse collection of brands, which includes SUNation, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power, offers homeowners and small businesses complete product suites encompassing solar installations, battery storage, and grid services. Founded in 1969, the company maintains its headquarters in Ronkonkoma, NY.
RONKONKOMA, N.Y., Aug. 18, 2026 (GLOBE NEWSWIRE) -- SUNation Energy Inc. (Nasdaq: SUNE) (“SUNation” or the “Company”), a leading provider of solar energy and backup power solutions to residential, commercial, and municipal customers, today announced that it has installed it's 800th battery backup and energy storage device.
SUNE's second-quarter 2026 revenues decline as weak residential solar demand squeezes gross profit, while management pursues cost cuts and diversification.
Residential solar demand and consolidated revenue declined year over year following the loss of the 25D federal residential tax credits resulting from the One Big Beautiful Bill Act, effective January 1, 2026, partially offset by ongoing commercial, service and storage activity. SUNation remains focused on liquidity, balance sheet strength, and diversified revenue streams, as well as pursuing a strategic transaction in a more challenging industry backdrop.
SUNE and SMXT are pivoting to adapt to solar industry.
BALA CYNWYD, Pa., June 30, 2026 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.