ThursdayApr 11, 2024 2:38 pm

GreenEnergyBreaks — Correlate Energy Corp. (CIPI) Enabling Businesses with Green Solutions

Correlate (OTCQB: CIPI), a tech-enabled development, finance and fulfillment platform for distributed energy solutions across North America, is working with U.S. businesses and government programs to make solar power and other green energy solutions accessible to mid-tier entities that are often overlooked by large energy companies and consulting firms. “As Correlate works to build partners similarly inclined to find green solutions, the company has announced a partnership with Carbonsight (by Autocase) that is designed to assist corporate building portfolio managers as they try to improve their green footprints. Carbonsight is an online decarbonization planning tool that organizes data for potential…

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TuesdayApr 09, 2024 3:44 pm

GreenEnergyBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Moves Closer to Industrialization of E-Motion(TM) Product

Vision Marine Technologies Inc. (NASDAQ: VMAR), a leader in electric marine propulsion, today announced a groundbreaking achievement in electric outboard propulsion, in collaboration with McLaren Engineering, a division of Linamar Corporation. Aligning with the fast-evolving electric market and the upcoming SAE J1228 outboard compliance standard, Vision Marine has revolutionized the measurement of rated power output with its E-Motion(TM) 180E Electric Powertrain Systems. Vision Marine and McLaren Engineering have developed a sophisticated test cell, designed to meticulously control various critical parameters and provide a comprehensive and precise assessment of the powertrain system under conditions that mimic real-world usage. “We are excited…

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MondayApr 08, 2024 3:05 pm

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Streamlines Operations to Focus on Commercial Segment

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that the company has initiated significant cost reduction and consolidation measures, aligning budget to current conditions. Actions are expected to drive an estimated $170 million reduction in Mullen’s operating and investing cash flow expenses over the next 12 months when compared to operating and investing cash flows for the 12 months ended Sept. 30, 2023. The company is making these changes to refine business operations and better align focus on the commercial EV segment that has opportunity to drive near term revenue for Mullen, including projected April sales…

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FridayApr 05, 2024 2:45 pm

GreenEnergyBreaks — Correlate Energy Corp. (CIPI) Positioned as All-in-One Brand for Total Clean Energy Solutions

Correlate (OTCQB: CIPI), a tech-enabled development, finance and fulfillment platform for distributed energy solutions across North America, is positioned to capitalize on the growing trend toward efficient energy sourcing and use. The company is aware of the increased pressure for buildings to become more energy efficient. “Through its strategy of selling, retaining and acquiring, Correlate has managed to carve out a significant market share. It is positioning itself as the all-in-one brand for total clean energy solutions, especially as the conversation around zero emissions buildings continues to proliferate and more stringent regulations are enforced,” a recent article reads. “This market…

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FridayApr 05, 2024 12:56 pm

GreenEnergyBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Shareholders Approve Proposed Merger at Special Meeting

Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company which has developed new-generation, power-control electronics that expand the capabilities of electric motors and batteries, has announced that all necessary shareholders and stockholders approved the proposed merger with SEA Electric Inc. According to the announcement, the company held a special meeting of shareholders on April 4, 2024. During the meeting, shareholders and stockholders approved an ordinary resolution for the company to issue up to 398,549,647 common shares to stockholders of SEA Electric as outlined in an amended agreement. The agreement is between Exro, its indirect wholly owned subsidiary eTruck VCU…

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ThursdayApr 04, 2024 3:08 pm

GreenEnergyBreaks – Astra Energy Inc. (ASRE) Collaborates to Build Independent Power Producer in Waste-to-Energy Sector

Astra Energy (OTCQB: ASRE) today announced the closing of a joint venture transaction with Powertron Global LLC to build a power company in the waste-to-energy sector. The announcement noted that Astra and Powertron intend to own and operate projects as a single entity – an independent power producer – selling power to consumers while providing them with waste-to-energy solutions on a long-term contract basis. The projects will address accumulating waste in many regions, generate incremental power, improve reliability of electricity delivery critical to a growing economy, reduce carbon emissions, and create direct and indirect jobs. Astra and Powertron intend to…

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ThursdayApr 04, 2024 2:19 pm

GreenEnergyBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Marks Strategic Milestone in Industrialization of High-Tension Battery Packs

Vision Marine Technologies Inc. (NASDAQ: VMAR), a leader in electric marine propulsion, today announced the commissioning of its partner Neogy, a subsidiary of Startek Energy Group, state-of-the-art lithium battery production facility in Pompignac, France. According to the announcement, this pivotal development marks a significant milestone in the industrialization of high-tension battery packs designed specifically for Vision Marine’s innovative electric boating solutions. “The use of HV batteries in the nautical industry demands a very high level of safety and mastery of the technology,” said Xavier Montagne, CTO of Vision Marine. “It’s not just a matter of designing the right battery but…

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WednesdayApr 03, 2024 2:51 pm

GreenEnergyBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Presents Story at NICCEE Green Ammonia Meeting

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, recently attended an exploratory meeting hosted by the U.S. National Science Foundation-funded Global Nitrogen Innovation Center for Clean Energy and the Environment (“NICCEE”). The meeting, which was held on March 15, 2024, included regional agricultural partners in the Chesapeake Bay Watershed's grain-production region on the eastern shore of Maryland. FuelPositive was invited to attend by Dr. Matthew Houser, a senior social scientist at the Nature Conservancy and an assistant research professor at the University of Maryland Center for Environmental Science. At the meeting, FuelPositive representatives presented the company’s breakthrough green-ammonia…

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MondayApr 01, 2024 3:56 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces FTZ Filing as ‘Strategic Initiative’

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has filed for Foreign Trade Zone (“FTZ”) status with the U.S. Department of Commerce; the company is filing for the status at its commercial vehicle manufacturing and assembly center in Tunica, Mississippi. According to the announcement, the company anticipates that FTZ status would provide key benefits, including the opportunity for improving company cash flow through reduction of taxes, fees and deferment of import duties. Specifically, Mullen projects that deferred working capital on domestic sales could result in deferred capital outlays of $10 million for the remainder of fiscal year 2024.…

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ThursdayMar 28, 2024 3:32 pm

GreenEnergyBreaks — Ideal Power Inc. (NASDAQ: IPWR) Reports on $15M Public Offering

Ideal Power (NASDAQ: IPWR), a company pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN(TM) bidirectional semiconductor power switch, has priced its previously announced underwritten public offering. The offering, which is anticipated to close today, consists of 2,000,000 shares of its common stock (or prefunded warrants in lieu thereof) at $7.50 per share of common stock. The public offering is expected to result in an estimated $15 million in gross proceeds before standard deductions are made. Ideal Power anticipates using the funds for general corporate and working capital purposes. The company also noted that it has…

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