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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TuesdayMar 26, 2024 1:05 pm

GreenEnergyBreaks – Correlate Energy Corp. (CIPI) Eyes Opportunity as Sun Seems to Shine on Solar

Correlate (OTCQB: CIPI) is positioned as consumers and businesses look for cheaper and cleaner power sources, and the sector expects continued growth as the cost of solar energy continues to decline. That’s good news for companies like Correlate, the distributed energy company that blasted on the scene in early 2022 and has been in growth mode since, with the groundwork it laid starting to come to fruition. Last year “was all about executing what we started the year prior,” said Correlate president and CEO Todd Michaels in a recent interview where he discussed the company’s successes in 2023 and its…

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FridayMar 22, 2024 10:26 am

GreenEnergyBreaks — FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Files Patent for ‘Milestone’ Green Aqueous Ammonia Technology, Systems

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, has filed a provisional patent for its new green aqueous ammonia add-on module systems: the FP300A and FP1500A. According to the announcement, once the new module systems are commercialized, farmers will be able to use them in conjunction with their FuelPositive on-farm systems to independently produce green aqueous ammonia fertilizer onsite; the fertilizer will cost less and will produce lower greenhouse gas (“GHG”) than methods currently used. The add-on model can produce both green anhydrous ammonia and green aqueous ammonia fertilizers, and farmers can select their own fertilizer PH balance…

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WednesdayMar 20, 2024 1:03 pm

GreenEnergyBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Announces Leading PR Firm as Official Communications and Marketing Agency of Record

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, has selected Counsel Public Affairs as its communications and marketing agency of record; the two companies entered into an initial 12-month agreement. According to the announcement, FuelPositive conducted a thorough search and selected Counsel for its reputation as Canada’s most effective public affairs firm and because of its specialization in government relations, strategic communications and integrated campaigns. In addition to PR support, Counsel will provide investor relations communications support. “We are thrilled to welcome Counsel Public Affairs as our newly appointed agency of record,” said FuelPositive chief impact officer Luna…

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WednesdayMar 13, 2024 4:29 pm

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Issues Update on US Government Ruling for Class 1 EV Cargo Vans

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today provided an update on the U.S. Customs and Border Protection (“CBP”) application for Class 1 EV cargo vans. According to the announcement, the CBP, on March 5, 2024, informed Rapid Response Defense Systems (“RRDS”) counsel that a final determination on the ruling request needs to be issued by the U.S. General Services Administration (“GSA”). Based on CBP advice, Mullen and RRDS are proceeding with the GSA in order to finalize qualification of Mullen to sell Class 1 EV cargo vans to all branches of the U.S. government. “Mullen is…

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