GreenEnergyBreaks Archive - Page 12 of 101

MondayJan 27, 2025 10:54 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports FY2024 Results and Highlights Commercial EV Growth

Mullen Automotive (NASDAQ: MULN) reported a net loss of $471 million for the fiscal year ending Sept. 30, 2024, an improvement from the prior year's $964.9 million loss. FY2024 revenues increased to $1.1 million, driven by invoicing 443 commercial vehicles valued at $21 million, up from 35 vehicles invoiced in FY2023. The company achieved significant milestones, including the production and certification of its Class 1 and Class 3 EVs, as well as Bollinger Motors' Class 4 electric trucks, which generated $4.2 million in revenue since their September 2024 launch. CEO David Michery acknowledged challenges in the EV sector but emphasized…

MondayJan 27, 2025 10:36 am

GreenEnergyBreaks — SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) CEO Shares Bright Forecast in Sustainable Biz Canada Article

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (CSE: SUNN), an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the U.S., was featured in an article published by Sustainable Biz Canada. The piece highlights SolarBank’s achievement in exceeding its fiscal year 2024 income with two deals, the company’s pursuit of expansion, as well as its optimistic outlook despite vocal resistance to EVs and the anti-renewables rhetoric from the Trump administration. In the article, SolarBank's president and CEO Richard Lu discussed sunny days ahead for the Toronto-based company as…

ThursdayJan 23, 2025 2:24 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Addresses Nasdaq Compliance Notice Over Delayed SEC Filing

Mullen Automotive (NASDAQ: MULN) an electric vehicle manufacturer, disclosed it has received a notice from Nasdaq regarding non-compliance with Listing Rule 5250(c)(1) due to the delay in filing its Annual Report on Form 10-K for the fiscal year ended Sept. 30, 2024. The notice does not immediately impact the trading of the company's stock on the Nasdaq Capital Market, but failure to address the issue could lead to delisting. Mullen has 60 days to file the report or submit a compliance plan, with the possibility of an extension up to 180 days if approved. The company aims to file the…

TuesdayJan 21, 2025 10:44 am

GreenEnergyBreaks — SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) to Present at Microcap Conference 2025 in Atlantic City

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (CSE: SUNN), a developer and independent power producer specializing in renewable energy, will participate in The Microcap Conference 2025, held Jan. 28-30 at the Borgata Hotel Spa & Casino in Atlantic City, N.J. CEO Dr. Richard Lu will present on Jan. 29 at 10 a.m. in Studio 2 and engage with investors to highlight SolarBank's portfolio of over 100 solar power plants and its pipeline exceeding 1 gigawatt in solar, battery storage, and EV charging projects across North America. The conference will feature industry keynotes, expert panels, and networking opportunities, including…

FridayJan 17, 2025 12:30 pm

GreenEnergyBreaks – Li-Cycle Holdings Corp. (NYSE: LICY) Secures $15M in Underwritten Public Offering

Li-Cycle (NYSE: LICY), a leading global lithium-ion battery resource recovery company, has announced the closing of its underwritten public offering in the United States. Li-Cycle secured approximately $15 million in gross proceeds from the offering, of which it intends to use the net for working capital and general corporate purposes. In addition, the company granted Aegis Capital Corp. a 45-day option to purchase additional Common Shares and/or Series A Warrants and/or Series B Warrants representing up to 15% of the total Common Shares and up to 15% of the total Series A Warrants and Series B Warrants sold in the…

ThursdayJan 16, 2025 2:53 pm

GreenEnergyBreaks — Fusion Fuel Green PLC (NASDAQ: HTOO) Achieves Strengthened Equity Position

Fusion Fuel (NASDAQ: HTOO), a leading provider of full-service energy engineering and advisory solutions, today announced pro forma stockholders’ equity of approximately $12.0 million, as of Jan. 10, 2025. According to the announcement, the pro forma amount reflects the impact of several recently completed transactions, including the acquisition of Quality Industrial Corp. in November 2024, and, on Jan. 10, 2025, the concurrent private placement of $1.28 million in senior convertible notes and entry into a $25 million equity line of credit. As a result, Fusion Fuel has undertaken a number of transactions to achieve and demonstrate long-term compliance with Nasdaq…

WednesdayJan 15, 2025 11:20 am

GreenEnergyBreaks — SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) Partners with IBN to Enhance Corporate Communications

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (CSE: SUNN), a leading developer and operator of renewable energy projects in North America, has engaged IBN to manage its corporate communications. SolarBank specializes in distributed and community solar initiatives, leveraging solar photovoltaic systems, battery energy storage systems (BESS), and expanding into EV charging infrastructure. With over 100 MW of developed capacity and a development pipeline exceeding 1 GW, SolarBank collaborates with utilities, municipalities, and commercial entities to advance sustainable energy solutions. IBN will utilize its extensive distribution network and investor-focused resources to amplify SolarBank’s market presence and investor outreach. To…

TuesdayJan 07, 2025 1:49 pm

GreenEnergyBreaks — SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) (NEO: SUNN) (FSE: GY2) Secures $25.8M Finance Facility

SolarBank (NASDAQ: SUUN) (CSE: SUNN) (NEO: SUNN) (FSE: GY2) announced that its subsidiary has secured the financial closing of a combined project loan in a principal amount of $25.8 million from Royal Bank of Canada. The loan will be used for the construction, operation and maintenance of two 4.99 MW Battery Energy Storage System (“BESS”) projects to be located in Ontario, with project names SFF 06 and 903, respectively. According to the announcement, the projects are owned by 1000234763 Ontario Inc., which is the borrower under the terms of the loan. The projects represent SolarBank's initial foray into battery energy…

MondayJan 06, 2025 2:10 pm

GreenEnergyBreaks — Expion360 Inc. (NASDAQ: XPON) Secures $2.6M in Registered Direct Offering, Private Placement

Expion360 (NASDAQ: XPON), an industry leader in lithium-ion battery power storage solutions, has announced the closing of its registered direct offering and concurrent private placement with institutional investors. The company issued shares of common stock and pre-funded warrants in a registered direct offering. In a concurrent private placement, the company also issued to the same investors warrants to purchase common stock. Expion360 secured aggregate gross proceeds of approximately $2.6 million from both transactions, which were priced at the market under Nasdaq rules. Aegis Capital Corp. acted as exclusive placement agent for the offerings. Stradling Yocca Carlson & Rauth LLP acted…

MondayJan 06, 2025 1:49 pm

GreenEnergyBreaks — Solaris Energy Infrastructure Inc. (NYSE: SEI) Announces $156M Underwritten Public Offering

Solaris Energy Infrastructure (NYSE: SEI) recently announced the pricing of its underwritten public offering of 6,500,000 shares of its Class A common stock, par value $0.01 per share, at a public offering price of $24.75 per share, for total net proceeds of approximately $156 million. In connection with the offering, Yorktown Energy Partners X, L.P., a selling stockholder of the company, has granted the underwriters the option to purchase up to an additional 975,000 shares of Class A common stock on the same terms and conditions within 30 days. The company intends to contribute all net proceeds from the offering…

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