MONTHLY NOTE

JULY 1, 2024

Friends,



Happy July to all! June ended a good first half of 2024 for Pine Energy. Hope that everyone had a safe, productive, and fun month.



In June, we worked rooftop projects in Fairburn and Savannah, Georgia as well as Tallahassee, Florida. We were also on the ground in Blakely, Georgia, northeast Arkansas, and southeast Missouri working on ground mounts.



In Savannah, we see the finish line on our 1.4MW rooftop with the Ecofoot2+ system at a shopping mall. Just a little more to go. In Tallahassee, we built a 295.68kW metal roof. And in Fairburn, we've started a large 2.35MW roof building the PanelClaw system. First steps are pictured above.



On the ground, we drove piles and completed racking on a 330kW in Blakely, Georgia building an OMCO fixed-tilt system. Modules will be done the first week of July. We're also building a Trina tracker on sites in Pocahontas and Maynard, Arkansas as well as Doniphan, Missouri.



We're looking forward to a good July. We'll finish in Savannah and continue in Fairburn on rooftops. We'll also finish the above-mentioned ground mounts. Then we'll look to start several other rooftops and ground mounts in our backlog. We're scheduled from Texas through Virginia, and if we can help you in that footprint, please let us know. And if we can help you outside of that footprint, give us a shout too. It could be a good opportunity to expand!



Hope you all have a great month. Stay safe and build well.



Thank you,



Jason

Jason Sosnovsky

Chief Executive Officer

jsosnovsky@pineenergyllc.com

404-314-8998