GreenEnergyBreaks Archive - Page 43 of 101

WednesdayAug 16, 2023 3:20 pm

GreenEnergyBreaks – Astra Energy Inc. (ASRE) CEO Eyes Capitalization on Business Opportunities, Influx of Deals in Letter to Shareholders

Astra Energy (OTCQB: ASRE) today issued a letter to its shareholders from the company’s CEO and Chairman Ron Loudoun that discussed the first half of 2023, the company’s business momentum and expected continued progress. “The overall timing for the clean and renewable energy sector as well as for the company could not be better. The demand for solutions has never been greater. The business case for each respective technology will support broad market adoption. Further, both the Zanzibar and Tanzanian projects have gained support and commitments from local officials as well as the U.S. Chamber of Commerce. Studies, reports, engineering…

WednesdayAug 16, 2023 10:35 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Unveils Ultra-High-Performance FIVE RS Crossover

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, announced its newest mode: the ultra-high-performance Mullen FIVE RS EV Crossover. According to the announcement, the newest addition to MULN’s offerings features a top speed of more than 200 mph and can accelerate from 0–60 mph in under two seconds. The FIVE RS is equipped with 800-volt architecture, all-wheel drive, a two-speed gearbox and more than 1,100 horsepower. MULN is planning to showcase the model at this season’s kickoff of its Strikingly Different EV tour, which begins on Aug. 20, 2023, in Austin, Texas. The company noted that because of…

TuesdayAug 15, 2023 12:48 pm

GreenEnergyBreaks – Correlate Energy Corp. (CIPI) Announces Strong Q2 Results, Eyes Growing Momentum

Correlate (OTCQB: CIPI), a growth-oriented distributed energy company, has announced financial results for the second quarter ended June 30, 2023. Among the highlights, the company reported that it achieved revenue of $4,158,122 in Q2 2023 compared to $236,690 for the same quarter last year. Correlate believes that demand for renewables will continue to grow exponentially and that the need for localized energy systems that can operate independently or in connection with the main power infrastructure, such as microgrids, will play a pivotal role in facilitating the ongoing transition to renewable energy in the United States. “Correlate Energy Corp. is led…

MondayAug 14, 2023 1:39 pm

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Fiscal Q3 Results, Business Update

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced financial results for its fiscal third quarter for the three and nine months ended June 30, 2023, and provided recent business updates. Among the highlights, the company’s board of directors has authorized a stock buyback program, pursuant to which the company may, until Dec. 31, 2023, purchase up to $25 million in shares of its outstanding common stock. Mullen ended fiscal third quarter on June 30, 2023, with stockholders’ equity of $351.8 million, compared to $157.0 million on Sept 30, 2022, which represents a 124% increase. In addition,…

ThursdayAug 10, 2023 1:20 pm

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Commences Class 3 Vehicle Production at Tunica Facility

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the start of vehicle production at its Tunica, Mississippi, assembly plant for the Mullen THREE, Class 3 EV truck with first customer deliveries on track to begin in August and September. According to the update, the company will be gradually ramping up the production rate over the course of September through December, with Class 3 production capacity at the Tunica facility currently planned for 3,000 Class 3 vehicles per year. To date, Mullen has received $79 million in purchase orders for 1,250 Mullen THREE, Class 3 EV trucks…

ThursdayAug 10, 2023 12:29 pm

GreenEnergyBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Reports on Ruby Graphite Summer Core Drilling Program

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has engaged Falcon Drilling Corp. to execute the planned summer 2023 initial drill program at the Ruby Graphite project, which is slated to begin on Aug. 16, 2023. Based in Nevada, Falcon Drilling is a reputable drilling company with more than 35 years of experience in the industry. The company provides drill equipment and highly trained drill crews as well as rapid access to supplies and mobilization services to even remote of locations. According to the announcement, the program will include diamond core drilling of at least…

WednesdayAug 09, 2023 12:10 pm

GreenEnergyBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Moving Forward with Drill Program After Receiving Key BLM, DEQ Approvals

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has received approval from the Bureau of Land Management (“BLM”) and the Montana Department of Environmental Quality (“DEQ”) for the exploration drilling program at its Montana-based Ruby Graphite project; the approval also included a formal Authorization to Proceed with the summer 2023 drill program. According to the announcement, the company is moving forward on exploration efforts at its flagship asset, the Ruby Graphite project, which was a past-producing graphite mine. The program will help Reflex Advanced Materials determine the economic viability of the Ruby Graphite project. The…

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…

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…

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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