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SUNation Energy to merge with Suniva, creating a major US solar cell maker on Nasdaq.

Company Fundamentals
08 Jun 2026
Proactive Investors
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Bullish
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SUNation Energy has agreed to a reverse merger with Suniva, the largest US-owned manufacturer of high-efficiency solar cells. The combined company will operate under the Suniva name but keep SUNation's Nasdaq listing, with Suniva shareholders owning about 98.2% of the new entity. This merger creates a vertically integrated solar company spanning production to installation, aiming to expand US solar cell manufacturing amid growing domestic demand and policy support. SUNation's shares surged over 113% following the announcement, highlighting investor optimism about the deal and the future of US solar manufacturing.

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