Solar energy provider Pineapple Energy faces challenges in Hawaii and New York, but expects improvements and growth in the second half of the year.
Pineapple Energy, a solar energy provider, shared an update on its business activities, addressing factors impacting its financial performance. Despite challenges such as lower battery attachment rates in Hawaii and delayed commercial projects in New York, the company expects improvements in the second half of the year. SUNation, its New York subsidiary, demonstrated growth in kilowatt sales, client referral sales, and invoice value per sale. Pineapple Energy aims to become a leading national industry player in the solar energy sector.
August 26, 2024
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