GreenEnergyBreaks Archive - Page 4 of 94

ThursdayJan 30, 2025 10:35 am

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Expands U.S. Battery Production with Nikola Equipment Purchase

Mullen Automotive (NASDAQ: MULN) announced the acquisition of additional battery line equipment from Nikola Corporation to enhance its Fullerton, California, battery operations. The facility, dedicated to producing next-generation American-made battery packs and solid-state polymers, will now include two high-volume standard battery chemistry lines, a solid-state polymer R&D line, and an expanded testing laboratory. The move aligns with Mullen’s commitment to domestic battery production and reduced reliance on foreign imports. The company has also submitted a revised plan to the U.S. Department of Energy, seeking $55 million in matching funds to support its U.S.-based battery and pack manufacturing capabilities. To view…

WednesdayJan 29, 2025 10:46 am

GreenEnergyBreaks — SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) Highlights Major 2024 Milestones, Expands Clean Energy Footprint

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (CSE: SUNN) has announced key achievements from 2024, including over $67.5 million in committed financing and several strategic initiatives. Highlights include a $49.5 million transaction with Qcells for four New York solar projects, a $25.8 million financing deal with Royal Bank of Canada for battery storage projects, and a Nasdaq listing in April. SolarBank also completed its acquisition of Solar Flow-Through Funds Ltd., valued at up to $45 million, and expanded its board with renewable energy expert Chelsea L. Nickles. The company is exploring data center colocation as part of its…

TuesdayJan 28, 2025 11:48 am

GreenEnergyBreaks — Snow Lake Resources Ltd. (NASDAQ: LITM) Closes $16M Offering

Snow Lake Resources (NASDAQ: LITM) d/b/a Snow Lake Energy, a uranium exploration company, announced the closing of its best-efforts offering of 16,000,000 common shares, each at a public offering price of US$1.00, for gross proceeds of US$16.0 million. Snow Lake intends to use the net proceeds for working capital and general corporate purposes. ThinkEquity acted as sole placement agent for the offering. To view the full press release, visit https://ibn.fm/YNLTk About Snow Lake Resources Ltd. Snow Lake Resources, d/b/a Snow Lake Energy, is a Canadian clean energy exploration company listed on (NASDAQ: LITM), with a global portfolio of clean energy…

TuesdayJan 28, 2025 10:18 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Expands Presence on U.S. College Campuses with Additional EV Orders

Mullen Automotive (NASDAQ: MULN) announced the sale of five additional Mullen ONE Class 1 EV cargo vans to two major California universities in Los Angeles and the San Francisco Bay Area. The orders, fulfilled by EV dealers Papé Group and Randy Marion Automotive Group, highlight Mullen’s alignment with institutions prioritizing carbon emission reductions. CEO David Michery emphasized that repeat orders reflect the performance and value of Mullen's commercial EVs. The company’s lineup, including the Mullen ONE and Mullen THREE, meets stringent U.S. safety and emissions standards and continues to gain traction in campus and urban fleet applications nationwide. To view…

MondayJan 27, 2025 10:54 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports FY2024 Results and Highlights Commercial EV Growth

Mullen Automotive (NASDAQ: MULN) reported a net loss of $471 million for the fiscal year ending Sept. 30, 2024, an improvement from the prior year's $964.9 million loss. FY2024 revenues increased to $1.1 million, driven by invoicing 443 commercial vehicles valued at $21 million, up from 35 vehicles invoiced in FY2023. The company achieved significant milestones, including the production and certification of its Class 1 and Class 3 EVs, as well as Bollinger Motors' Class 4 electric trucks, which generated $4.2 million in revenue since their September 2024 launch. CEO David Michery acknowledged challenges in the EV sector but emphasized…

MondayJan 27, 2025 10:36 am

GreenEnergyBreaks — SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) CEO Shares Bright Forecast in Sustainable Biz Canada Article

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (CSE: SUNN), 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 an article published by Sustainable Biz Canada. The piece highlights SolarBank’s achievement in exceeding its fiscal year 2024 income with two deals, the company’s pursuit of expansion, as well as its optimistic outlook despite vocal resistance to EVs and the anti-renewables rhetoric from the Trump administration. In the article, SolarBank's president and CEO Richard Lu discussed sunny days ahead for the Toronto-based company as…

ThursdayJan 23, 2025 2:24 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Addresses Nasdaq Compliance Notice Over Delayed SEC Filing

Mullen Automotive (NASDAQ: MULN) an electric vehicle manufacturer, disclosed it has received a notice from Nasdaq regarding non-compliance with Listing Rule 5250(c)(1) due to the delay in filing its Annual Report on Form 10-K for the fiscal year ended Sept. 30, 2024. The notice does not immediately impact the trading of the company's stock on the Nasdaq Capital Market, but failure to address the issue could lead to delisting. Mullen has 60 days to file the report or submit a compliance plan, with the possibility of an extension up to 180 days if approved. The company aims to file the…

TuesdayJan 21, 2025 10:44 am

GreenEnergyBreaks — SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) to Present at Microcap Conference 2025 in Atlantic City

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (CSE: SUNN), a developer and independent power producer specializing in renewable energy, will participate in The Microcap Conference 2025, held Jan. 28-30 at the Borgata Hotel Spa & Casino in Atlantic City, N.J. CEO Dr. Richard Lu will present on Jan. 29 at 10 a.m. in Studio 2 and engage with investors to highlight SolarBank's portfolio of over 100 solar power plants and its pipeline exceeding 1 gigawatt in solar, battery storage, and EV charging projects across North America. The conference will feature industry keynotes, expert panels, and networking opportunities, including…

FridayJan 17, 2025 12:30 pm

GreenEnergyBreaks – Li-Cycle Holdings Corp. (NYSE: LICY) Secures $15M in Underwritten Public Offering

Li-Cycle (NYSE: LICY), a leading global lithium-ion battery resource recovery company, has announced the closing of its underwritten public offering in the United States. Li-Cycle secured approximately $15 million in gross proceeds from the offering, of which it intends to use the net for working capital and general corporate purposes. In addition, the company granted Aegis Capital Corp. a 45-day option to purchase additional Common Shares and/or Series A Warrants and/or Series B Warrants representing up to 15% of the total Common Shares and up to 15% of the total Series A Warrants and Series B Warrants sold in the…

ThursdayJan 16, 2025 2:53 pm

GreenEnergyBreaks — Fusion Fuel Green PLC (NASDAQ: HTOO) Achieves Strengthened Equity Position

Fusion Fuel (NASDAQ: HTOO), a leading provider of full-service energy engineering and advisory solutions, today announced pro forma stockholders’ equity of approximately $12.0 million, as of Jan. 10, 2025. According to the announcement, the pro forma amount reflects the impact of several recently completed transactions, including the acquisition of Quality Industrial Corp. in November 2024, and, on Jan. 10, 2025, the concurrent private placement of $1.28 million in senior convertible notes and entry into a $25 million equity line of credit. As a result, Fusion Fuel has undertaken a number of transactions to achieve and demonstrate long-term compliance with Nasdaq…

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