SUNation Energy Q2 revenue falls 38% after solar tax credit expires
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SUNation Energy Announces 2026 Second Quarter Results; Continues Cost & Balance Sheet Actions and Merger Process with Suniva, Inc.
August 12, 2026 7:00 AM EDTResidential 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.
On June 5, 2026, SUNation entered into an agreement with Suniva, Inc. for a proposed reverse merger transaction, with closing currently targeting Q4 2026.
RONKONKOMA, N.Y., Aug. 12, 2026 (GLOBE... More
