News Archives - Page 5 of 70 - Green Energy Stocks

MondayJan 06, 2025 2:10 pm

GreenEnergyBreaks — Expion360 Inc. (NASDAQ: XPON) Secures $2.6M in Registered Direct Offering, Private Placement

Expion360 (NASDAQ: XPON), an industry leader in lithium-ion battery power storage solutions, has announced the closing of its registered direct offering and concurrent private placement with institutional investors. The company issued shares of common stock and pre-funded warrants in a registered direct offering. In a concurrent private placement, the company also issued to the same investors warrants to purchase common stock. Expion360 secured aggregate gross proceeds of approximately $2.6 million from both transactions, which were priced at the market under Nasdaq rules. Aegis Capital Corp. acted as exclusive placement agent for the offerings. Stradling Yocca Carlson & Rauth LLP acted…

MondayJan 06, 2025 1:49 pm

GreenEnergyBreaks — Solaris Energy Infrastructure Inc. (NYSE: SEI) Announces $156M Underwritten Public Offering

Solaris Energy Infrastructure (NYSE: SEI) recently announced the pricing of its underwritten public offering of 6,500,000 shares of its Class A common stock, par value $0.01 per share, at a public offering price of $24.75 per share, for total net proceeds of approximately $156 million. In connection with the offering, Yorktown Energy Partners X, L.P., a selling stockholder of the company, has granted the underwriters the option to purchase up to an additional 975,000 shares of Class A common stock on the same terms and conditions within 30 days. The company intends to contribute all net proceeds from the offering…

MondayJan 06, 2025 10:40 am

GreenEnergyBreaks – SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) Sells New York Solar Projects to Qcells in $49.5 Million Deal

SolarBank (NASDAQ: SUUN) (CSE: SUNN) has announced the sale of four ground-mount solar power projects under development in upstate New York to Qcells, a subsidiary of Hanwha Solutions (KRX: 009830). The projects, totaling 25.577 MW, will be developed and constructed by SolarBank under engineering, procurement and construction (“EPC”) agreements valued at approximately $49.5 million. These community solar projects, leveraging U.S.-manufactured equipment, are expected to benefit from New York's NY-Sun Program incentives. SolarBank anticipates retaining operations and maintenance contracts post-construction. Qcells highlighted its commitment to strengthening domestic solar manufacturing as part of a broader $2.8 billion investment in clean energy. To…

ThursdayJan 02, 2025 8:00 am

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Launches Electric Van into Home Services Sector with Mr. Appliance Partnership

Mullen Automotive (NASDAQ: MULN) has sold its Mullen ONE All-Electric Cargo Van to Mr. Appliance of Owings Mills, Maryland, marking its entry into the home service market. This move positions the emerging electric vehicle manufacturer to address a critical industry need for cost-effective transportation solutions. With transportation costs accounting for over 30% of operating expenses in the home service sector, the Mullen ONE offers significant savings, including reduced fuel costs, lower maintenance expenses, and eligibility for a $7,500 federal tax credit. CEO David Michery highlighted the importance of this collaboration in supporting operational efficiency and sustainability for home service businesses. To…

ThursdayDec 26, 2024 9:25 am

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Secures Class 3 EV Truck Order from Westland Floral

Mullen Automotive (NASDAQ: MULN) has received a purchase order for two Class 3 EV trucks, the Mullen THREE, from Westland Floral. The trucks, customized by Phenix Truck Bodies in California, were delivered through Pritchard Commercial and include California HVIP incentives, emphasizing cost and environmental benefits. The Mullen THREE, designed for urban last-mile delivery, boasts a 38-foot turning diameter, over 5,800 pounds of payload, and easy upfitting capabilities. Mullen’s EV lineup meets strict U.S. safety and emissions standards and offers substantial savings through state and federal incentive programs, including up to $45,000 in California rebates. To view the full press release,…

ThursdayDec 19, 2024 11:12 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Expands U.S. Battery Manufacturing with Updated DOE Proposal

Mullen Automotive (NASDAQ: MULN) has submitted a revised plan to the U.S. Department of Energy (“DOE”) to bolster domestic battery production at its Mishawaka, Indiana, and Fullerton, California, facilities. The company has invested $12 million to date, with an additional $43 million planned, seeking $55 million in matching DOE funds under a program funded by the Bipartisan Infrastructure Law. Mullen’s plan prioritizes high-volume battery production at Mishawaka, a former GM Hummer facility, which will be upgraded to a capacity of 108,000 battery systems annually. Fullerton will focus on research, development, and prototype production. Mullen's strategic acquisitions and infrastructure investments position…

WednesdayDec 18, 2024 12:06 pm

GreenEnergyBreaks — Massimo Group (NASDAQ: MAMO) Unveils HVAC-Equipped Electric Golf and Utility Carts

Massimo (NASDAQ: MAMO) has launched the MVR HVAC Golf Cart and MVR HVAC Utility Carts, featuring fully enclosed cabs with heating and air conditioning for all-weather comfort. These electric carts include advanced features like a 48V 5kW motor, up to 45-mile range, marine-grade vinyl seats, and LED lighting. The utility model adds a heavy-duty dump bed for commercial applications such as farming and groundskeeping. CEO David Shan emphasized the carts' appeal for recreational and commercial use, positioning them as innovative, eco-friendly solutions in the growing electric cart market. Future models will integrate Lithium-Ion batteries for enhanced performance. To view the…

WednesdayDec 18, 2024 11:13 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports $5.5M in EV Sales and Significant Cost Reductions

Mullen Automotive (NASDAQ: MULN) announced sales of 100 Class 1 and Class 3 electric cargo vans and trucks since Sept. 30, 2024, generating $5.5 million in revenue. The company has also reduced its monthly burn rate from $16.8 million in August to $5.3 million in October and November. CEO David Michery highlighted growing demand for sustainable transportation solutions and ongoing discussions with government agencies and large fleets. The Mullen ONE and Mullen THREE commercial EVs meet strict U.S. emissions standards and qualify for various state and federal incentives, including up to $45,000 in rebates. To view the full press release,…

FridayDec 13, 2024 8:00 am

GreenEnergyBreaks – SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) (NEO: SUNN) (FSE: GY2) Releases Results of Annual General and Special Meeting

SolarBank (NASDAQ: SUUN) (CSE: SUNN) (NEO: SUNN) (FSE: GY2), an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the U.S., has announced the results of its 2024 annual general and special meeting of shareholders. The nominees listed in the management information circular for the meeting were elected as directors of SolarBank. The announcement includes detailed results of the election of directors as well as other items voted for in the meeting. To view the full press release, visit https://ibn.fm/hmP0o About SolarBank Corporation SolarBank Corporation is an independent renewable and…

ThursdayDec 12, 2024 11:01 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Bollinger Motors Delivers First 25 B4 Trucks, Generating $4.1M in Sales

Mullen Automotive (NASDAQ: MULN) announced that its subsidiary, Bollinger Motors, has delivered its first 25 all-electric B4 chassis cab trucks since production began in September, generating $4.1 million in retail sales. Designed with input from fleet operators, the Class 4 B4 truck features a 158-kWh battery, over 7,300 pounds of payload capacity, and a 185-mile range. Bollinger credits its growing dealer network and customer enthusiasm for the vehicle’s rapid market adoption. Key milestones include achieving EPA and CARB certifications, establishing a manufacturing partnership with Roush Industries, and securing partnerships with top commercial dealers and service providers. Bollinger Motors aims to…

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