GreenEnergyBreaks Archive - Page 7 of 101

TuesdayMay 27, 2025 2:49 pm

GreenEnergyBreaks — Fusion Fuel Green PLC (NASDAQ: HTOO) Signs Heads of Terms to Acquire UK Fuel Distributor for £50M

Fusion Fuel Green (NASDAQ: HTOO) announced it has signed non-binding Heads of Terms to acquire a privately held UK-based fuel distribution business and related companies for £50 million, comprised of £40 million in debt-financed cash and £10 million in Fusion Fuel ordinary shares. The target company reported FY2025 revenues of $58 million and net income of $7 million, with minimal debt. CEO John-Paul Backwell said the acquisition would complement Fusion Fuel’s existing operations, including its Al Shola Gas brand, and aligns with the company's strategy to build a diversified, synergistic energy portfolio. To view the full press release, visit https://ibn.fm/SZv2L …

TuesdayMay 27, 2025 10:27 am

GreenEnergyBreaks — SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Advances 6.9 MW Community Solar Project in Nova Scotia

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) will develop the 6.9 MW DC Brooklyn solar project in Nova Scotia under Canada’s first Community Solar Program. Owned by AI Renewable Fund, the $13.9 million project will be built in partnership with local firm Trimac Engineering. The program supports Nova Scotia’s goal of reaching 80% renewable energy by 2030 and net-zero by 2035. SolarBank will oversee interconnection, permitting, and design through 2025, with construction expected to begin in spring 2026. The company also disclosed a shares-for-services agreement with an independent advisor valued at up to…

ThursdayMay 22, 2025 9:58 am

GreenEnergyBreaks — Fusion Fuel Green PLC (NASDAQ: HTOO) Subsidiary Al Shola Gas Secures $2.7M in Engineering Contracts, Expands UAE Utility Portfolio

Fusion Fuel Green (NASDAQ: HTOO) announced its majority-owned subsidiary, Al Shola Al Modea Gas Distribution LLC (“Al Shola Gas”), secured approximately $2.7 million in new engineering contracts since March 2025. Additionally, the subsidiary added more than 1,800 residential service contracts and two commercial contracts since January, boosting expected recurring revenue by over $900,000. Al Shola Gas now serves over 12,000 customers and supplies more than 600 MT of LPG monthly, with plans to reach 800 MT by year-end. To view the full press release, visit https://ibn.fm/XT3TI About Fusion Fuel Green PLC Fusion Fuel Green PLC (NASDAQ: HTOO) is an emerging…

TuesdayMay 20, 2025 10:09 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Posts $5M Q2 Revenue, Highlights EV Deliveries and Battery Progress

Mullen Automotive (NASDAQ: MULN) reported $5 million in revenue for the quarter ended March 31, 2025, a significant increase from $33,000 in the prior-year period, driven by deliveries of Class 1 and Class 3 electric vehicles to customers including logistics firms, local governments and universities. The company also highlighted new agreements, such as a supply deal with Enpower Greentech for advanced solid-state batteries and expanded public sector eligibility via Sourcewell contracts. Bollinger Motors, a majority-owned subsidiary, delivered Class 4 trucks but was placed into court-appointed receivership in May, a move Mullen says will not materially impact its liquidity. For the…

MondayMay 19, 2025 9:00 am

GreenEnergyBreaks – SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) Reports Q3 Results; Eyes Long-Term Gains with $100M Project Financing

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (CSE: SUNN) posted fiscal Q3 results for the period ended March 31, 2025, showing year-to-date revenue of C$29.1 million versus C$50.4 million a year earlier, reflecting a shift toward long-term asset ownership over short-term EPC sales. The company reported a net loss of C$9 million compared to net income of C$5.5 million last year, driven by higher costs and reduced EPC activity. SolarBank highlighted a 395% increase in assets to C$194 million following the Solar Flow-Through Funds acquisition and secured a mandate letter with CIM Group for up to US$100 million…

FridayMay 16, 2025 9:00 am

GreenEnergyBreaks – SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) CEO Highlights Vertical Integration and $184M Asset Base on GotStocks Podcast

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (CSE: SUNN) President and CEO Dr. Richard Lu appeared on the GotStocks Podcast to discuss the company’s vertically integrated model and its $184 million portfolio of revenue-generating clean energy assets. Lu detailed how SolarBank develops, builds, owns, and operates distributed and community solar projects across Canada and the U.S., including partnerships with Honeywell and Qcells. He also highlighted a recent $100 million financing agreement with CIM Group to fund 97 MW of U.S. projects, positioning the company for continued long-term growth. To view the full press release, visit https://ibn.fm/JdnZZ About SolarBank…

TuesdayMay 13, 2025 11:29 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reaches Settlement Agreement with GEM Over Mishawaka Assets

Mullen Automotive (NASDAQ: MULN), an electric vehicle manufacturer, announced it has executed a settlement agreement with GEM Yield Bahamas Limited and GEM Global Yield LLC SCS, resolving a four-year legal dispute. Under the agreement, GEM has a 55-day due diligence period—subject to extension—to evaluate the transfer of Mullen’s Mishawaka assets in full satisfaction of the judgment. All collection activities will be suspended during this period. Mullen stated it remains focused on expanding its Tunica, Mississippi, manufacturing operations to meet growing demand across its EV product lines. To view the full press release, visit https://ibn.fm/WaERH About Mullen Automotive Inc. Mullen Automotive…

FridayMay 09, 2025 9:10 am

GreenEnergyBreaks – SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) Files C$200 Million Shelf Prospectus for Flexible Future Offerings

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (CSE: SUNN) has filed a final short form base shelf prospectus with Canadian securities regulators, replacing its previous version set to expire in June 2025. The new Shelf Prospectus allows the company to offer up to C$200 million in securities—including common shares, debt instruments, warrants, and units—over the next 25 months. A corresponding Form F-10 registration has been filed with the U.S. SEC but is not yet effective. Proceeds from any future offerings will support business development, working capital, debt repayment, capital programs, and potential To view the full press release,…

WednesdayMay 07, 2025 11:18 am

GreenEnergyBreaks — SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) to Join D. Boral Capital Global Conference in New York

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) today announced it will participate in the D. Boral Capital Inaugural Global Conference on May 14, 2025, at The Plaza Hotel in New York City. CEO Dr. Richard Lu will be available for one-on-one investor meetings from 9 a.m. to 3 p.m. ET. To view the full press release, visit https://ibn.fm/sMhZQ About SolarBank Corporation SolarBank Corporation is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA . The Company develops solar, Battery Energy Storage System (BESS) and…

TuesdayMay 06, 2025 11:59 am

GreenEnergyBreaks — SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Secures Up to $100 Million in Project Financing for 97 MW U.S. Solar Portfolio

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) has entered into a mandate letter with CIM Group to secure up to $100 million in project-level preferred equity financing for 97 MW of solar power projects in the U.S. The financing, structured through a joint venture with SolarBank subsidiary Abundant Solar Power Inc., will not involve the issuance of new SolarBank shares. CIM will acquire non-convertible preferred equity in the venture, with SolarBank retaining majority ownership of the 21 projects. The deal includes a revenue-sharing model, tax credit transfers, and redemption rights after a five-year…

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