TuesdayAug 08, 2023 1:12 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Reverse Split, Stock BuyBack Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced a 1 for 9 reverse split. According to the announcement, the company plans to repurchase up to $25 million in shares through a stock buyback program after the filing of its 10-Q and upon expiration of its blackout period. In making the announcement, the company noted NASDAQ Listing Rule 5810(c)(3)(H), which states that “if a Company fails to meet the [Minimum Bid Price requirement], compliance is generally achieved by meeting the requirement for a minimum of ten consecutive business days. However, Staff may, in its discretion, require a Company…

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MondayAug 07, 2023 12:47 pm

GreenEnergyBreaks – FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) Eyes 2024 Delivery of FP300 Commercial Systems, Answering Larger-Scale Need with FP1500

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) is a green technology company committed to developing commercially viable and sustainable onsite containerized green ammonia production systems. In early May, the company announced that it had begun running the final commissioning of its first farm-ready demonstration system, a production unit capable of producing 300 kg per day of green anhydrous ammonia or a little over 100 metric tons per year. Aptly named the FP300 model, the system will be heavily monitored for a full year on the 11,000-acre crop farm of Tracy and Curtis Hiebert, with the results shaping future systems being built concurrently…

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FridayAug 04, 2023 11:17 am

GreenEnergyBreaks — Fusion Fuel Green PLC (NASDAQ: HTOO) Enters Strategic Agreement with Spanish Customer

Fusion Fuel (NASDAQ: HTOO) has announced its entry into a long-term green hydrogen offtake contract with a Spanish industrial group. According to the update, the hydrogen is to be produced at a 2.5 MW green hydrogen project in Toledo, Spain, that Fusion Fuel plans to develop in 2024. “We are excited to announce this agreement with a fellow pioneering company in the green hydrogen energy transition, in particular, because this project involves the decarbonization of an off-grid project, an application for which our modular technology and decentralized approach is uniquely well-suited,” said Javier Esteban, CEO of Fusion Fuel Spain. “We…

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TuesdayAug 01, 2023 1:05 pm

GreenEnergyBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Completes Debt Settlement, Strengthens Balance Sheet

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, today announced completion of the previously disclosed settlement of $1,436,248 of outstanding indebtedness owing to certain arms-length parties and the issuance of 22,096,123 units, each at a price of $0.065. Each unit consists of one common share of FuelPositive and one common share purchase warrant (each, a “warrant”) entitling the holder to acquire an additional common share at a price $0.09 until July 28, 2026. In the event the volume-weighted average closing price of the company’s common shares on the TSX Venture Exchange exceeds $0.40 for ten consecutive trading days,…

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WednesdayJul 26, 2023 11:52 am

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Bollinger Motors’ Receipt of $3M Grant from State of Michigan

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that Bollinger Motors received final approval from the state of Michigan for a $3 million grant aimed at promoting job creation in the state. In a unanimous decision, the Michigan Strategic Fund Board approved the incentive through the Michigan Business Development Program. “Bollinger Motors is poised for growth and we’re proud to be focused on expanding our company’s operations as we approach start-of-production,” said Robert Bollinger, founder and CEO of Bollinger Motors. “I appreciate Michigan’s faith in our plan and our product as we seek to electrify America’s…

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MondayJul 24, 2023 12:49 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Partners with Shoshoni Native American Tribe in Commercial EV Pilot Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is partnering with the Shoshoni Native American tribe of Northern California and Nevada in a pilot program featuring the Mullen ONE Class 1 EV Cargo Vans and the Mullen CAMPUS Delivery Utility Vehicles. The program is designed to serve Harrah’s Northern California Resort & Casino property. According to the announcement, the collaboration between Mullen and the Shoshoni tribe aligns with the tribe’s commitment to a greener future and is also designed to serve as a model for other tribes and organizations. The program, which will utilize Mullen Class 1 cargo…

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ThursdayJul 20, 2023 2:06 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Plans Launch Event to Celebrate Class 3 EV Production Milestone

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is planning a commercial EV launch event to commemorate a significant milestone: the first of its class 3 vehicles rolling off the production line. The event is slated for Aug. 24, 2023, and will be held at Mullen’s Mississippi-based commercial assembly plant. The company is planning factory tours and a company presentation as well as ride and drives and vehicle demonstrations. Event attendees will include media, customers, dealers, vehicle upfitters, suppliers and local leaders. The Mullen THREE is a class 3 low cab forward EV truck that has earned an…

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WednesdayJul 19, 2023 2:37 pm

GreenEnergyBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Secures New Capital to Pave Path to Commercialization

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, announced that it has completed the final tranche of its non-brokered private placement and has issued a further 31,443,069 units (each, a “unit”), each at a price of $0.065, for gross proceeds of $2,043,800. “We have successfully completed our financing, generating an overwhelming interest from our esteemed investor base,” said Ian Clifford, CEO and board chair of FuelPositive. “We thank our existing investors for their unwavering support, and we warmly welcome our new shareholders to join us on our journey. As we embark on the mission to transform and transition…

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TuesdayJul 18, 2023 2:52 pm

GreenEnergyBreaks – Bollinger Motors, a Majority-Owned EV Truck Company of Mullen Automotive Inc. (NASDAQ: MULN), Kicks off ‘Design Validation’ Pilot Builds

Bollinger Motors, which in September of 2022 became a majority-owned EV truck company of Mullen Automotive (NASDAQ: MULN), today announced the start of its “design validation” pilot builds of the B4 all-electric Class 4 chassis cabs for testing and demonstration. According to the announcement, manufacturing of the pilot vehicles has kicked off in partnership with Roush Industries Inc. at its facility in Livonia, Michigan. The first five completed chassis cabs are expected to roll out this summer, with another 15+ vehicles by the end of the third quarter of 2023. “Bollinger Motors has over eight years of experience in developing,…

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FridayJul 14, 2023 10:51 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Begins Transferring EV Cargo Vans to Mississippi Plant for Final Assembly

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is transferring its Class 1 EV cargo van vehicles from its Indiana plant to its Mississippi plant for final assembly. The company announced that more than 350 of the class 1 vehicles have already been transferred and another 300 cargo vans are slated for transfer sometime this year. The company noted that its Tunica plant is in final stages for the production start and deliveries of class 1 and class 3 vehicles. “Exciting times as we are getting very close to delivering vehicles to awaiting customers, beginning in August 2023,…

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