WednesdayJun 21, 2023 12:54 pm

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Moratorium on New Financings, Sufficient Capital for at Least 12 Months

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced an investor financing moratorium for the balance of 2023 and that it has sufficient capital on hand for at least the next 12 months. In addition, the company confirmed that remaining investor option expires on June 30, 2023, and that its assets are unencumbered with the exception of $7.3 million outstanding debt. Mullen continues to trade at a steep discount to its current cash position of $135 million or $0.38 per share as of June 13, 2023. The company’s book value was $2.08 per share ss of its…

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TuesdayJun 20, 2023 3:48 pm

GreenEnergyBreaks – Astra Energy Inc. (ASRE) Moves to Secure 207-Acre Land Package for ZCREP Project

Astra Energy (OTCQB: ASRE) today announced that it has successfully presented a feasibility report and executed documentation to secure 207 acres of land on a 33-year renewable lease with the Revolutionary Government of Zanzibar for Astra’s Zanzibar Clean and Renewable Energy Park project (“ZCREP”). Astra officials met with the president of Zanzibar, H.E. Dr. Hussein Mwinyi (“H.E.”), along with officials from Zanzibar Electricity Corporation (“ZECO”), the Ministry of Water, Energy and Minerals, and the Zanzibar Utilities Regulatory Authority, and presented the completed feasibility study for the project. H.E. restated his continued support for the ZCREP project and encouraged Astra and…

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TuesdayJun 20, 2023 3:06 pm

GreenEnergyBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Featured in Taking Care of Business Newscast

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) is committed to providing commercially viable and sustainable clean technology solutions, including an on-farm/onsite, containerized green ammonia (“NH3”) production system that eliminates carbon emissions from the production of NH3. The company’s board chair and CEO Ian Clifford recently sat down with Mario Toneguzzi, the managing editor of Canada’s podcast. In the interview, Clifford discussed FuelPositive’s business model and innovative technology that will play a role in the massive global decarbonization movement in multiple sectors. “You can be part of a multibillion-dollar, 100-year-old industry that needs disrupting,” Clifford said, when asked by Toneguzzi why he should…

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TuesdayJun 20, 2023 12:30 pm

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Working on Broad Commercialization of AI-Powered PERSONA Vehicle Technology

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the integration of AI-powered PERSONA vehicle technology into its overall commercial and consumer vehicle lineups. Originally developed for the Mullen FIVE, PERSONA is an advanced interactive AI camera/sensor and video monitoring system that utilizes facial recognition technology to unlock/lock vehicles and completely personalize the overall vehicle experience for the driver. “Right from the beginning, when we first introduced PERSONA at the 2021 LA Auto Show, the amount of positive feedback we’ve received has been far beyond anything we imagined; so, of course, we had to expand it for…

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FridayJun 16, 2023 12:27 pm

GreenEnergyBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) CEO Featured Guest on BNN Bloomberg Interview

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, was spotlighted during a recent BNN Bloomberg interview that discussed the company’s focus on scaling green-ammonia use for farmers and other end users. During the interview, FuelPositive CEO Ian Clifford explained the difference between gray ammonia and green ammonia, and discussed how the Waterloo-based company plans to roll out its green-ammonia solution for end users, including farmers and others in multiple sectors around the world. He noted that the company’s containerized green-energy production system is designed to replace fossil-fuel use and bring cost savings and energy security to farmers and…

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FridayJun 16, 2023 10:50 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Corrects Shareholder Letter to Reflect $0.38 Per Share

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has released a letter to its shareholders designed to address the decrease in the company’s share price. The letter noted that earlier this week, the company’s common stock closed at $0.32 per share, down 90% since the end of March. The company currently trades at a discount to its current cash position of $135 million or $0.38 per share. The letter noted several key factors, including $86.7 million of cash available to operations and $0.68 of cash value per share as of March 31, 2023, and the completion of two…

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ThursdayJun 15, 2023 12:04 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Shareholder Letter Featuring Status Update

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has issued a shareholder letter providing a business update and responding to questions regarding the company’s share price, which has declined significantly since March 31, 2023; the company currently trades at a discount to its current cash position of $135 million, or $.038 per share. The letter noted that the company anticipates meeting previously announced objectives regarding the production and sales of its class 3 commercial vehicles; management also noted that the company has completed two acquisitions, which have added “valuable, unencumbered assets to the balance sheet.” Those assets include…

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WednesdayJun 14, 2023 12:09 pm

GreenEnergyBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTD) (FRA: 7HIA.F) Announces Completion of First ZVS-Enabled Power Module for EV Space

Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTD) (FRA: 7HIA.F), a pioneering clean-technology company offering transformative power-conversion technologies and state-of-the-art control system solutions, has completed the design phase for the industry's first silicon carbide (“SiC”) power module optimized for Hillcrest's proprietary Zero Voltage Switching (“ZVS”) technology. According to the company, the ZVS-enabled power modules are designed to provide offer increased levels of power density, system efficiency, performance and reliability for EV applications up to 1,000 volts; the modules could reduce and possibly eliminate the need for EMI filters and shielding, saving manufacturers hundreds of dollars per vehicle and reducing the overall weight…

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MondayJun 12, 2023 10:04 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Collaboration with Phenix to Develop Light-Weight EV Truck Body

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is partnering with Phenix Truck Bodies & Van Equipment to develop a light-weight truck body for its class 3 EV. One of California’s largest providers of work trucks, equipment and specialty truck bodies, Phenix has an impressive list of long-term customers, including Southern California Edison, Southern California Gas, Los Angeles County Fire Department, SDG&E, USDA Forest Service and LA County Department of Public Works. MULN noted that the majority of commercial vehicles sold in the United States are sold through upfitters such as Phenix. The collaboration between the two companies…

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TuesdayJun 06, 2023 2:36 pm

GreenEnergyBreaks – voltWALL Marks Significant Advancement in Energy Storage with Launch of xBlade Module

voltWALL, the industry leader in modular energy storage systems, today announced the launch of its highly anticipated xBlade module. According to the update, the cutting-edge innovation marks a significant advancement in the field of energy storage, bringing unparalleled benefits to customers and solidifying voltWALL’s position at the forefront of the clean energy revolution. The xBlade builds upon voltWALL’s patented immersive liquid thermal cooling system and offers a host of exceptional features with a focus on maximizing performance and efficiency. “Our xBlade module represents a significant milestone in energy storage technology,” said CEO and voltWALL founder Aldo Grech. “We have listened…

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