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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TuesdayJun 06, 2023 1:51 pm

GreenEnergyBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) Releases Share Consolidation Date, Announces New Strategic Advisor

Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F), a pioneering clean-technology company offering transformative power-conversion technologies and state-of-the-art control system solutions, is announcing the date for the completion of a consolidation of its authorized and issued common shares. According to the announcement, the consolidation will be complete at market opening on June 8, 2023. The company noted that beginning that day, its common shares will start trading on the Canadian Securities Exchange on a post-consolidation basis under the existing ticker HEAT. The consolidation is on the basis of a one post-consolidated common share for each six preconsolidation common shares.…

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MondayJun 05, 2023 11:50 am

GreenEnergyBreaks – Vision Energy Corporation (VENG) Announces Conclusion of Pre-FEED Study

Vision Energy (OTC: VENG) (the “Company”) today announced that it has concluded the pre-FEED study for all phase 1 green ammonia infrastructure at its Green Energy Hub development in North Sea Port of Vlissingen, the Netherlands. The company’s wholly owned subsidiary, Evolution Terminals BV, in November 2022, engaged Linde Engineering GmbH to undertake a pre-FEED study with the objective to define the engineering basis for the project and to form the design concepts for the next development phase. As a result of the pre-FEED outcomes, key design decisions have been made regarding supporting infrastructure and storage tank configurations to ensure…

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MondayJun 05, 2023 10:54 am

GreenEnergyBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) Reports on Results from Annual General Meeting

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) held its annual general meeting on June 1, 2023, and is now reporting on the voting of resolutions that was held during the meeting. According to the announcement, all resolutions presented to shareholders at the meeting were voted on, including the resolutions electing each of the company’s four nominees as directors, the resolutions approving the company’s equity incentive plan and ratifying issued awards, and the resolution appointing Smythe LLP, chartered professional accountants, to serve as company auditor. All resolutions were unanimously approved with a total of 4,831,301 (11.4%) of Reflex’s common…

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MondayJun 05, 2023 10:27 am

GreenEnergyBreaks – FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) Awarded Best-Place-to-Work Recognition from HRD Canada

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, has been awarded a 2023 Best Places to Work award by Human Resources Director Canada, the world’s leading independent HR publisher. Noting that understanding the needs and aspirations of employees forms a crucial part of the company’s HR strategy, the company pointed to its employees’ “exceptional skills and behaviours” as a main reason for its success and for employee satisfaction. The company also reiterated its commitment to cultivating an inclusive culture where employees can be engaged and contribute to the development of practical, clean, and sustainable emissions-free solutions. “We are…

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FridayJun 02, 2023 1:30 pm

GreenEnergyBreaks – EarthGrid Reports on Investments, Reaching ‘Milestone’ with NetCapital $1.3M+

EarthGrid, a company dedicated to revolutionizing the infrastructure industry and creating a sustainable future for all, has surpassed a $1.3 million in investments on NetCapital. Calling it a “major milestone,” the company attributed the success to the hard work and dedication of the EarthGrid team and the support of company investors. According to the company, outside of NetCapital, EarthGrid has raised a total of approximately $30 million. The company utilizes its proprietary plasma tunnel-boring technology to create efficient, cost-effective and environmentally friendly solutions for communities while positively impacting the world by building sustainable, reliable and long-lasting infrastructure. “We are extremely proud…

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