SUNation Energy Inc. announced that it ranked first among solar contractors in total installed capacity within PSEG Long Island’s service territory for 2025, installing 9.3 MW of solar capacity in the region.
The 9.3 MW of new capacity represents a 29% year‑over‑year increase from the 7.3 MW installed in 2024, underscoring the company’s execution advantage in a high‑cost energy market and its ability to capture market share in its core New York region.
SUNation’s 2025 revenue grew 26% to $71.9 million, driven by a 25% rise in New York revenue to $49.6 million and a 30% increase in Hawaii revenue to $22.3 million. Service revenue at the Hawaii Electric Company grew 57%, reflecting strong demand for storage‑related offerings and a growing mix of residential and commercial projects.
"This milestone is a clear operating proof point of SUNation’s growth in our core market," said CEO Scott Maskin. "Finishing 2025 as the top installer in PSEG Long Island reflects durable customer demand, strong local execution, and the scalability of our platform across residential and commercial channels." General Manager John Mucci added, "Our deep familiarity with the Long Island market gives us an execution advantage at every stage of the customer lifecycle, enabling us to install more projects efficiently and create additional opportunities across residential, commercial, and service segments."
The company’s gross margin improved to 38.3% in FY 2025 from 35.9% in FY 2024, a result of a stronger residential mix, disciplined operating costs, and higher pricing power in both New York and Hawaii. The margin expansion, coupled with the 29% capacity growth, signals that SUNation’s strategy of expanding residential, commercial, and service offerings in high‑margin markets is delivering tangible results.
The ranking aligns with SUNation’s broader financial performance, reinforcing investor confidence in the company’s execution capability and its position to capitalize on continued demand for solar and storage solutions in high‑cost energy markets.
The company’s 2025 results, including the ranking, support its outlook for sustained growth and demonstrate the effectiveness of its local market expertise and operational discipline.
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