GreenEnergyBreaks Archive - Page 2 of 94

FridayMar 28, 2025 3:40 pm

GreenEnergyBreaks — SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) to Develop 7.2 MW Hoadley Hill Rd Solar Project

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) has announced plans to develop a 7.2 MW DC ground-mount solar power project known as the Hoadley Hill Rd project (the “Project”) on a site located in upstate New York. According to the announcement, the Project is another key addition to SolarBank's expanding development pipeline—which exceeds one gigawatt—as well as the company's commitment to advancing community solar. Assuming receipt of the requested interconnection approval, SolarBank will continue efforts to complete the permitting process and secure necessary financing for construction of the Project. The Project is expected…

ThursdayMar 27, 2025 10:52 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Posts Record Revenue, Plans Cost Cuts and Staff Reductions

Mullen Automotive (NASDAQ: MULN) reported record GAAP revenue of $3.18 million for the quarter ending March 31, 2025, as the electric vehicle maker intensifies its focus on cost reduction and commercial sales growth. The company will implement further staff reductions, lease eliminations and operational consolidations starting in April. Mullen is also prioritizing advancements in its battery cell and pack technologies while continuing to sell its Class 1 Mullen ONE cargo van and Class 3 Mullen THREE cab chassis truck, both fully certified for U.S. and California emissions standards. Deliveries of Bollinger’s Class 4 B4 Chassis Cab began in October. To…

WednesdayMar 26, 2025 10:06 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports Record Revenue Surge Driven by Commercial EV Sales

Mullen Automotive (NASDAQ: MULN) announced record GAAP revenue of $3.18 million as of March 21, 2025, marking a 189% increase over its total 2024 revenue of $1.1 million. The surge reflects strong momentum in sales of its commercial EVs, including the Mullen ONE cargo van and Mullen THREE cab chassis truck, both of which are fully certified under U.S. emissions and safety standards. The company also highlighted progress from its Bollinger division, which began delivering its all-electric Class 4 B4 Chassis Cab truck in October. CEO David Michery stated the fiscal Q2 will close as the company’s strongest revenue quarter…

TuesdayMar 25, 2025 11:03 am

GreenEnergyBreaks — SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Closes $8.5 Million Direct Offering with Institutional Investor

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) has closed a registered direct offering with a single institutional investor, securing approximately $8.5 million in gross proceeds. The investor, backed by a bulge bracket investment bank and active in the energy sector, purchased 2,394,367 common shares and an equal number of warrants at a combined price of $3.55 per share. The warrants are immediately exercisable at $4.45 per share and expire in five years, potentially generating up to an additional $10.65 million. SolarBank plans to use the proceeds to support battery energy storage system projects,…

ThursdayMar 06, 2025 11:16 am

GreenEnergyBreaks — SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Moves Forward with Silver Springs Solar Project After Key Approval

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) announced progress on its 2.9 MW DC Silver Springs solar project in Gainesville, N.Y., with the successful completion of a Coordinated Electric System Interconnection Review. This milestone allows the company to move forward with site permitting, with the project expected to qualify for incentives under the NYSERDA NY-Sun Program. CEO Dr. Richard Lu emphasized SolarBank’s commitment to U.S.-based clean energy development, noting that recent tariffs on Canada, Mexico, and China are not expected to impact operations. Once completed, the Silver Springs project will operate as a…

TuesdayMar 04, 2025 9:55 am

GreenEnergyBreaks — Fusion Fuel Green PLC (NASDAQ: HTOO) Closes $1.3M Private Placement to Strengthen Financial Position

Fusion Fuel Green (NASDAQ: HTOO) announced the closing of a $1.3 million private placement of senior convertible notes with institutional investors. Issued at an average original issue discount of 23%, the notes have an 8% annual interest rate and mature in August 2026. The financing also includes warrants for noteholders, providing additional equity participation. CEO John-Paul Backwell highlighted the investment as a testament to investor confidence in the company’s long-term strategy. Proceeds will support Fusion Fuel’s working capital and reinforce its position as a diversified energy services provider. To view the full press release, visit https://ibn.fm/uNdEw About Fusion Fuel Green…

TuesdayMar 04, 2025 9:45 am

GreenEnergyBreaks – SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Advances 7.2 MW Solar Project in New York

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (CSE: SUNN) has completed the Coordinated Electric System Interconnection Review for its 7.2 MW DC North Main solar project in Wyoming County, New York, allowing it to move forward with permitting. Once approved and financed, the project will proceed to construction and operate as a community solar initiative, benefiting local residents with lower electricity costs through the New York State Energy Research and Development Authority's NY-Sun Program. Solar Simplified will manage customer enrollment and subscriptions to ensure full participation and maximize revenue. To view the full press release, visit https://ibn.fm/6Jucv About…

MondayMar 03, 2025 1:10 pm

GreenEnergyBreaks – SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) CEO Featured in Electrek Podcast

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: 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., was featured in a Quick Charge podcast produced by Electrek Daily. SolarBank CEO Richard Lu joined the program and host Jo Borrás to discuss how his decades of experience led him to build a vertically integrated clean energy company, as well as provide a look at some of the opportunities that lie ahead. To view the full podcast, visit https://ibn.fm/2aXcn About SolarBank Corporation SolarBank…

ThursdayFeb 27, 2025 10:20 am

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Delivers Mullen ONE EV Cargo Van to Orange County, North Carolina

Mullen Automotive (NASDAQ: MULN) announced the purchase and delivery of its Mullen ONE Class 1 EV cargo van to Orange County, North Carolina, for deployment by the county’s Solid Waste Management Department. The order, fulfilled by National Auto Fleet Group, supports Orange County’s Climate Action Plan to transition its fleet to all-electric by 2025. Mullen’s commercial EVs, including the Mullen ONE and Mullen THREE, are available for purchase under Sourcewell’s contract, offering sustainable solutions for government agencies nationwide. To view the full press release, visit https://ibn.fm/Yk7xM About Mullen Automotive Inc. Mullen Automotive is a Southern California-based automotive company building the…

WednesdayFeb 26, 2025 10:30 am

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Joins Sourcewell Contract for Government EV Purchases

Mullen Automotive (NASDAQ: MULN), an electric vehicle manufacturer, announced that its all-electric commercial vehicles, the Mullen ONE Class 1 EV cargo van and Mullen THREE Class 3 EV cab chassis truck, have been added to National Auto Fleet Group’s (NAFG) Sourcewell contract. This approval allows government agencies and educational institutions to purchase Mullen’s commercial EVs through NAFG without lengthy bidding procedures. Sourcewell, a government agency that streamlines procurement, offers competitively solicited contracts, making fleet acquisition more efficient. NAFG, a California-based dealer, is also an approved California Air Resource Board (“CARB”) HVIP dealer, enabling significant incentives on the Mullen THREE, including…

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