SUNation Energy, a residential and commercial solar and energy storage system installer headquartered in New York, announced that one of its subsidiaries will merge with Suniva, an American silicon solar cell manufacturer. Listed on the NASDAQ Capital Market, this public listing is expected to provide Suniva with additional funding to support its expanding manufacturing plans.

Suniva will continue operating under its name while halting financing for its planned 4.5-gigawatt solar cell plant in Laurens, South Carolina. The company operates an existing 1-gigawatt cell plant in Georgia. View the list of U.S. manufacturers.

"We believe this combination provides us with a platform to execute our mission at the speed and scale demanded today. Entering the U.S. public capital market means we can act faster, invest deeper, and further expand domestic manufacturing capabilities, which are urgently needed by this country," said Suniva CEO Tony Etnyre. "SUNation brings a mature, customer-focused enterprise that strengthens our foundation in building the future together.". ”

The transaction has been approved by the boards of both companies and is expected to be completed in the second half of 2026. The two companies stated that the merger will enable them to "create a differentiated local solar company with manufacturing and customer-facing depth.". ”

"SUNation's residential, commercial, storage, and service businesses in high-cost markets provide an off-the-shelf channel for delivering Suniva's American-made batteries to end customers," the press release stated.

SUNation was founded in 2003 and has consistently been included in Solar Power World's list of top solar contractors annually since its first publication in 2012. The company has installed over 120 megawatts of solar power in New York, primarily concentrated in Long Island. In 2022, Pineapple Energy acquired SUNation and ultimately adopted the SUNation name. Today, SUNation also supports Hawaii Energy Connect, a solar installation company in the state of Hawaii.

"We have spent two years transforming SUNation into a stronger, more disciplined, and more resilient platform, and the proposed merger with Suniva is the next logical step in this journey," said SUNation CEO Scott Maskin. "By combining Suniva's U.S. solar cell manufacturing business with our high-growth residential, commercial, and utility-scale operations in some of the highest electricity-cost markets, we believe we can offer customers unique domestically sourced products.