SUNation Energy Inc. announced on March 30, 2026 that it has installed its 10,000th residential or commercial solar system, bringing the company’s total installed capacity to more than 130 MW. The milestone underscores the firm’s expanding footprint on Long Island and in other high‑cost markets such as New York and Hawaii.
"For more than twenty years, the SUNation team has worked hard to bring solar power to the homes and businesses of Long Island," said CEO Scott Maskin. He added, "Back in the day, Oakdale was SUNation’s first home, and it’s fitting that we’ve come full‑circle and installed number 10,000 for a great family in the place where our deepest roots are." The company estimates that its 10,000 systems have saved customers an estimated $42 million in energy costs regionwide, a figure that reflects the cumulative impact of its integrated solar, battery storage, and energy‑management services.
On March 18, 2026, SUNation reported a strong Q4 2025 earnings beat, with revenue up 77% year‑over‑year to $1.45 billion and full‑year revenue up 26% to $5.78 billion. Gross margin improved to 32% from 29% in the prior year, and the company posted net income of $12 million in Q4, a turnaround from a $9 million loss in the same quarter a year earlier. Adjusted EBITDA rose to $18 million, reflecting disciplined cost management and the scale of the new installations.
The company’s focus on high‑cost regions is reinforced by its continued expansion beyond Long Island. While the federal solar investment tax credit is phasing out, SUNation’s integrated solutions—combining solar panels, battery storage, and energy‑management software—enable it to maintain pricing power and customer value in New York and Hawaii, where energy costs remain among the highest in the country.
Looking ahead, SUNation plans to pursue additional roll‑up opportunities and expand into new high‑cost regions. The company’s strategy of bundling solar, storage, and management services positions it to capture market share in areas where customers seek reliable, cost‑effective power solutions amid the loss of federal incentives.
The 10,000‑system milestone, coupled with the company’s recent earnings beat and strategic focus on high‑cost markets, demonstrates SUNation’s operational scale and financial resilience, reinforcing its competitive position in the evolving renewable‑energy landscape.
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