GreenEnergyBreaks Archive - Page 23 of 96

FridayMar 01, 2024 12:57 pm

GreenEnergyBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Appoints Raffi Sossoyan as New Chief Financial Officer

Vision Marine Technologies Inc. (NASDAQ: VMAR), a trailblazer in electric recreational boating, today announced Raffi Sossoyan as its new chief financial officer (“CFO”). Sossoyan brings a wealth of experience, with over 25 years in global financial and operational leadership. In his recent role as VP, corporate treasury at Velan Inc. (TSX: VLN), a Canadian multinational company, he managed financial operations amidst global sales exceeding US$370 million. According to the announcement, Sossoyan’s tenure as CFO at Valtech Fabrication Inc., where he drove worldwide sales beyond US$50 million, further highlights his capacity to spearhead financial growth and success. “This strategic appointment marks…

ThursdayFeb 29, 2024 2:34 pm

GreenEnergyBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR) Positioning as Forward-Thinking Leader in Electric Boat Industry

Vision Marine Technologies (NASDAQ: VMAR), a global leader and innovator in the performance electric recreational boating industry, was spotlighted in a recent InvestorPlace article titled “Three Electric Boat Stocks That Will Sail Higher by 2024.” “The article calls Vision Marine a key player in the electric boat stocks market, noting that despite some challenges, the company’s recent ‘strategic moves suggest a promising future...’ The article noted VMAR’s partnership with 4ocean, along with its expansion into the pontoon market, which shows ‘strategic diversification’ a move that InvestorPlace says ‘could be a game changer for Vision Marine, showcasing its adaptability and innovation…

ThursdayFeb 29, 2024 2:07 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Begins Road Testing on Solid-State Polymer Battery Pack

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has moved to the next phase in testing an integrated solid-state polymer battery pack in its Class 1 EV cargo vans. According to the announcement, vehicle road testing began this week on the battery pack. The company began initial lab testing of the latest phase of solid-state polymer battery packs in January by installing the battery pack in the Class 1 EV cargo van to monitor system compatibility between the vehicle and pack; performance testing also included on-road drive cycles and Dyno testing at an EPA-certified lab. The company initially…

ThursdayFeb 29, 2024 1:50 pm

GreenEnergyBreaks — Turbo Energy S.A. (NASDAQ: TURB) Capitalizing on Growing Transition to Renewables

Turbo Energy (NASDAQ: TURB), a designer, developer and manufacturer of photovoltaic energy generation, management and storage equipment, has sought to take advantage of the dramatic increase in renewable energy demand, which has been driven by the decline in renewable energy costs and the exponential rise in fossil fuel prices. “Turbo Energy has looked to capitalize on the growing transition toward renewable energy and sustainable residential energy supplies through its revolutionary ‘SunBox Home’ energy storage solution. The company’s ‘SunBox Home’ system encompasses an all-in-one AI-powered energy storage solution, designed to assist households in managing their power consumption. Directly linked to a…

WednesdayFeb 28, 2024 1:41 pm

GreenEnergyBreaks — Correlate Energy Corp. (CIPI) Positioning as One-Stop Shop for Companies Seeking Increased Participation in Renewables

Correlate (OTCQB: CIPI), a tech-enabled development, finance and fulfillment platform for distributed energy solutions across North America, is capitalizing on America’s growing trend toward renewables and increased energy efficiency. “As such, it is positioning itself as the one-stop go-to for companies seeking more significant participation in renewables, cost savings and overall reduction in their carbon footprint. More recently, corporations such as Continental Envelope and American Tire Distributors (‘ATD’) have signed on for Correlate’s energy offerings,” a recent article reads. “The company continues to finance, develop and sell localized green energy solutions and microgrids to industrial, commercial and residential customers, and…

MondayFeb 26, 2024 2:06 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Update Strategic Focus on Commercial Vehicle Segment

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting on its continued focus on the commercial vehicle segment with production and deliveries of its Class 1 and Class 3 commercial EVs. According to the announcement, the company is in full commercial production of the Class 1 and Class 3 EV vehicles while subsidiary Bollinger Motors is focused on Class 4–6 vehicles; production of the Class 4 EV is set to begin in the second half of 2024. In addition, Mullen saw positive gross margin per Class 1 and Class 3 vehicles invoiced. The company also noted that…

FridayFeb 23, 2024 11:48 am

GreenEnergyBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR) Enters Exclusive Distributor Agreement, Receives ‘Significant’ PO

Vision Marine Technologies (NASDAQ: VMAR), an innovator in the performance electric recreational boating industry, has entered into a “groundbreaking” partnership with Nautical Ventures Marine Group. According to the announcement, partnership includes an initial purchase order (“PO”) for 50 of VMAR’s innovative rotomolded, recyclable boat, known as the Phantom. In addition, the agreement establishes an exclusive distributorship arrangement between the two companies, identifying Nautical Ventures Marine Group, a premier provider of maritime products and services, as the sole distributor of the Phantom in the growing South Florida market. The company observed that the Phantom has already established a reputation for its…

ThursdayFeb 22, 2024 3:39 pm

GreenEnergyBreaks — Turbo Energy S.A. (NASDAQ: TURB) Positioning in Dynamic Landscape of AI-Driven Green Energy

Turbo Energy (NASDAQ: TURB) is a European innovator designing, developing and manufacturing photovoltaic energy generation, management and storage equipment. “Boasting cutting-edge products labeled as ‘the market’s most advanced AI-driven energy management system,’ Turbo Energy makes no secret of its ambitious goals. In this dynamic landscape of AI-driven green energy, the company aims to position itself as a key player with a bold mission ‘to protect the world from energy and economic crisis,’” a recent article reads. “Turbo Energy recently released its flagship product, Sunbox, an all-in-one device for residential solar installations powered by AI capable of connecting to everything. Sunbox’s…

ThursdayFeb 22, 2024 1:42 pm

GreenEnergyBreaks – Correlate Energy Corp. (CIPI) Adding Partners as Companies Prioritize Clean Energy

Correlate Energy (OTCQB: CIPI) has completed one of the largest rooftop solar-power facilities in Illinois. The facility was constructed at the manufacturing plant of Continental Envelope, one of the oldest envelope manufacturers in the country. Continental Envelope is focused on going green and partnered with Correlate Energy to construct the facility, which is now fully operational, along with all engineering, permitting and interconnection work completed. According to the announcement, the new solar-powered facility will supply an estimated 20%–25% of the plant’s overall energy requirements and offset approximately 18,849 tons of carbon dioxide over the next two decades. Correlate also collaborated…

WednesdayFeb 21, 2024 1:44 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports on Anticipated Timeline for Class 1 EV Cargo Vans CBP Ruling

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting an update on its U.S. Customs and Border Protection (“CBP”) application for Class 1 EV cargo vans. According to the update, CBP notified counsel on Feb. 20, 2024, that a determination on the ruling request should be made in the next one to two months. The company noted that CBP ruling requests are typically processed on a first-in, first-out basis and that decisions are usually made between 45 to 90 days, although some decisions may take longer, depending on the agency’s caseload. “On Nov. 24, 2023, Mullen and Rapid…

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