MONTHLY NOTE

MAY 1, 2024

Friends,



Hope this note finds you well after a good April. We stayed busy, and we're looking forward to being busier this month.



In April, we worked two rooftop projects in Savannah, Georgia as well as ground mounts in Virginia and northeast Arkansas.



In Savannah, we finished up a 486kw rooftop with the Sollega ballasted system at a new school, and we began a 1.4MW rooftop with the Ecofoot2+ system at a shopping mall. We've built a bunch in the Savannah area and are getting comfortable with that location. It's become a second home for us in Georgia.



On the ground, we're reaching substantial completion in the next couple of days on our 4.1MW installation in South Boston, Virginia. We built a Terrasmart fixed tilt. It's our largest project to date. We also began driving piles in northeast Arkansas on several installations for farmers.



We're looking forward to a good May. We'll be in Savannah, Georgia; northeast Arkansas; southeast Missouri; Memphis, Tennessee; and back in Virginia preparing for a summer ground mount.



Hope you have a safe, productive May. Please keep in touch if there's anywhere we can build together soon.



Thank you,



Jason

Jason Sosnovsky

Chief Executive Officer

jsosnovsky@pineenergyllc.com

404-314-8998