MondayApr 22, 2024 2:30 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Marks Phase One Completion of Battery Line Integration

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the first phase completion of battery line integration at its high energy facility located in Fullerton, California. According to the announcement, the southern California facility is dedicated to producing next-generation American-made EV battery packs, a critical component to Mullen’s commitment to zero emissions and to reducing reliance on key battery components imported from foreign countries. “Our new battery assembly plant is not just an investment in Mullen Automotive's future, but also a testament to our commitment towards U.S. battery production,” said David Michery, CEO of Mullen Automotive. “Battery…

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MondayApr 22, 2024 11:19 am

GreenEnergyBreaks — Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Enters SID Agreement for Base Resources Transformational Acquisition

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements (“REEs”) and vanadium has executed a definitive scheme implementation deed (“SID”) with Base Resources Limited. According to the agreement, Energy Fuels has agreed to acquire 100% of the issued shares of Base Resources in consideration for 0.0260 Energy Fuels common shares and A$0.065 in cash; the transaction will be payable by way of a special dividend by Base Resources to its shareholders for each Base Resources ordinary share held. The transaction has a total equity value of an estimated A$375 million. Highlights of the agreement include that…

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FridayApr 19, 2024 11:58 am

GreenEnergyBreaks — Turbo Energy S.A. (NASDAQ: TURB) Reports on FY 2023 Financial, Business Results

Turbo Energy S.A. (NASDAQ: TURB), a leading energy-saving technology company leveraging artificial intelligence software, is reporting its financial numbers and business highlights for the year ended Dec. 31, 2023. Specifically, the company reported revenues of $14.54 million and a net loss of $2.23 million. Cost of revenue decreased 55%, to an estimated $13 million with selling and administrative expenses up 24% to more than $2.8 million. The company noted that key accomplishments for the year included its new SunBox Industry product line, a storage solution focused on the solar, commercial and industrial self-consumption market; an initial public offering of 1…

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ThursdayApr 18, 2024 2:11 pm

GreenEnergyBreaks – Energy and Water Development Corp. (EAWD) Files US Patent Application for Breakthrough Water Generation Technology

Energy and Water Development Corp. (OTCQB: EAWD), renowned for its sustainable water and energy solutions, today announced the filing of its U.S. National Stage application under 35 USC 371, application number 18/688,661. The move is part of the company’s strategic initiative to secure its intellectual property on a global scale, and the application builds on the international application PCT/EP2021/074299 and aligns with filings in key markets including Canada, Mexico, Brazil, and Colombia. The technology outlined in the patent represents a breakthrough in water resource management, utilizing renewable energy to extract water from atmospheric humidity. “Our application under 35 USC 371…

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TuesdayApr 16, 2024 4:02 pm

GreenEnergyBreaks — Turbo Energy S.A. (NASDAQ: TURB) Portable GoSolar Solution Now Available at Largest Department Store Chain in Europe

Turbo Energy S.A. (NASDAQ: TURB), a leader in the field of photovoltaic energy storage, announced that its GoSolar portable solar-energy storage solution will now be offered for sale at El Corte Inglés S.A., the largest department store group in Europe. According to the announcement, the launch of the GoSolar system represents El Corte Inglés S.A.’s commitment to innovation and sustainability. The department store chain is the only remaining department store chain in Spain and Portugal. The company has built a reputation for offering a wide range of products, including music, movies, portable and household electronics, furniture, hardware, books, clothes, groceries,…

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TuesdayApr 16, 2024 12:56 pm

GreenEnergyBreaks — FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Ships First-Ever FP300 System after Successful FAT, Safety Testing

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, announced that the Factory Acceptance Testing (“FAT”) was successfully completed for the world’s first FuelPositive FP300 system; testing was conducted by FuelPositive’s farmer-partner and advisor, Curtis Hiebert, and was completed on April 10, 2024. Following the successful FAT results, the first FP300 began shipping on April 15, 2024, with the company noting that it will take up to a week for all the components to arrive onsite in Manitoba. According to the announcement, the Hiebert Factory Acceptance Testing included the system being installed the way it would be onsite in…

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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 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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