Friends,



Happy new year! It is a fantastic feeling to write to so many partners, colleagues, clients, and the like, who are also friends. Some of you may have received or seen our "Pine Energy Loves You!" stickers. We mean it when we say it. We're thankful for all of our relationships and work, and we're thankful for a good 2024.



In all honesty, 2023 was a learning year. There were several self-inflicted wounds and learning experiences that came from those wounds. This year, the goal wasn't necessarily to grow. The goal was to have a "smooth" year, and with focus on our values and our work, we were able to accomplish this goal while still growing in several areas.



In 2024, we finished 28.9MW of solar projects installing 56,433 solar modules. With work carrying over into 2025 and with some operations and maintenance work, we were on over 40MW of projects. For completed work, we built 11.2MW on the roof, and we built 17.7MW on the ground. We worked on 45 projects in 15 states for 26 clients.



If you read this note periodically in 2024, you know the systems we built and the states we covered. No need to repeat here. Hopefully, you also saw the photos of our work and of our team. We're a growing, strong team. We're thankful for the work we have, and we're thankful for our friends that provide that work and support us in that work.



In 2025, we already have over 20MW of work in backlog, which only covers the first half of the year. So we're going to have a great year, and we're looking forward to building with old friends and new friends. If we can build with you, please holler. We vow to work with three values: safety, kindness, and professionalism. And we look forward to working with you and proving it.



Cheers to a happy, healthy, and productive 2025.



Thank you,



Jason