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Stardust Solar Reports $3.6 Million System-Wide Sales Backlog, Up 80% Since February
Newsfile· 2025-07-17 12:30
Core Insights - Stardust Solar Energy Inc. has reported a significant increase in its project backlog, reaching approximately $3.6 million in signed contracts, which is an 80% increase from the previous $2 million backlog reported in February 2025 [1][2] - The backlog consists of residential and small-commercial solar-PV and battery-storage installations scheduled to commence over the next 12 months [1] - The company's CEO highlighted the growing interest in their franchise model among homeowners and businesses seeking reliable clean-energy solutions, indicating a robust pipeline and an expanding North-American footprint of 96 territories [2] Strategic Initiatives Driving Momentum - The company is expanding its franchise network in high-growth Sun Belt markets in the U.S. and increasing its presence in Canada, which is contributing to immediate project flow and enhanced brand visibility [8] - Stardust Solar offers exclusive access to premium products such as Tesla Powerwall and Hanwha Qcells panels, enabling franchisees to provide industry-leading efficiency and reliability [8] - The company has certified over 2,500 renewable-energy professionals through its accredited training programs, ensuring quality installations and high customer satisfaction [8] Company Overview - Stardust Solar is a North American franchisor specializing in renewable energy installation services, including solar panels, energy storage systems, and electric vehicle supply equipment [4] - The company provides entrepreneurs with comprehensive support, including business management services, marketing, sales, engineering, and project management [4]
Stardust Solar Accelerates Canadian Growth with Two New Ontario Franchises, Reaching 96 Territories Across North America
Newsfile· 2025-07-15 12:30
Core Insights - Stardust Solar Energy Inc. has expanded its franchise network by awarding new franchises in Etobicoke and Temiskaming, Ontario, increasing its total to 96 territories across North America and the Caribbean [1][2][8] - The company aims to surpass 100 territories by the end of 2025, with Ontario identified as a high-potential region for growth [2][8] Company Overview - Stardust Solar specializes in renewable energy installation services, focusing on solar panels, energy storage systems, and electric vehicle supply equipment [4] - The company provides franchise partners with comprehensive support, including business management services, marketing, sales, engineering, and project management [4] Strategic Context - The addition of the new Ontario franchises enhances Stardust Solar's service coverage in the Greater Toronto Area and Northern Ontario, contributing to its Canadian network of over 30 territories [8] - The company has more than tripled its franchise count since 2023, driven by organic growth and targeted acquisitions [8]
Sunoco LP Announces Second Quarter 2025 Earnings Release and Call Timing
Prnewswire· 2025-07-08 20:16
DALLAS, July 8, 2025 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") announced that it will release its second quarter 2025 financial and operating results before the market opens on Wednesday, August 6, 2025. Management will hold a conference call that same day at 9:00 a.m. Central Daylight Time (10:00 a.m. Eastern Daylight Time) to discuss SUN's results. By Phone: Dial 877-407-6184 (toll free) or 201-389-0877 at least 10 minutes before the call. A replay will be available through Au ...
Stardust Solar Reports 20% Revenue Growth in Q1 2025 and Strengthens Gross Margin to 48%
Newsfile· 2025-07-08 12:30
Vancouver, British Columbia--(Newsfile Corp. - July 8, 2025) - Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) (FSE: 6330) a North American provider of renewable-energy installation and training services, today announced its interim financial results for the three months ended March 31, 2025 ("Q1 2025").Q1 2025 Financial Highlights(All figures in Canadian dollars)Revenue of $1.00 million, an increase of 20% over $0.83 million in Q1 2024.Gross margin improved to 48% (Q1 2024: 27.4%).Achieved record-hi ...
Sunoco LP (SUN) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2025-07-03 23:01
Sunoco LP (SUN) ended the recent trading session at $55.03, demonstrating a +1.07% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.83%. Elsewhere, the Dow gained 0.77%, while the tech-heavy Nasdaq added 1.02%. The stock of master limited partnership has risen by 2.25% in the past month, lagging the Oils-Energy sector's gain of 5.14% and the S&P 500's gain of 4.99%.Analysts and investors alike will be keeping a close eye on the performance of Sunoco LP in its u ...
Stardust Solar Files 2024 Audited Financial Statements Reporting 38% Revenue Growth
Newsfile· 2025-06-27 21:30
Core Insights - Stardust Solar Energy Inc. reported a revenue of $3.61 million for 2024, marking a 38% increase from 2023, driven primarily by the U.S. franchise segment which saw a remarkable 483% year-over-year growth [2][4]. Financial Performance - The company incurred one-time costs of $0.99 million related to professional fees and a non-cash reverse-takeover transaction cost of $3.90 million during its public-listing process, which are expected to decline significantly in 2025 [3][4]. Business Expansion - Stardust Solar expanded its franchise territories from 27 to 83 in 2024, and currently operates in 94 territories across North America. Strategic partnerships with Tesla and Rematek Energie have bolstered support for franchisees [4][5]. Future Outlook - Management anticipates continued revenue growth in 2025, fueled by deeper market penetration in the U.S., direct procurement of equipment, and the launch of a mobile certification application aimed at enhancing installer training [4][5].
Sunoco: Buy The Dip Despite Questionable M&A (Upgrade)
Seeking Alpha· 2025-06-26 11:50
On Tuesday , we learned that Parkland shareholders approved Sunoco’s (NYSE: SUN ) acquisition of the company. Despite some pushback from shareholders, in the end, 93% of Parkland shareholders voted in favor of the deal. I see little risk of regulatory challenges under theOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a questio ...
Stardust Solar Signs LOI for Exclusive North American Distribution of MarkeDroid A.I. Driven Technology with European Union Participation
Newsfile· 2025-05-27 12:30
Stardust Solar Signs LOI for Exclusive North American Distribution of MarkeDroid A.I. Driven Technology with European Union ParticipationMay 27, 2025 8:30 AM EDT | Source: Stardust Solar Energy Inc.Vancouver, British Columbia--(Newsfile Corp. - May 27, 2025) - Stardust Solar Energy Inc. (TSXV: SUN) (FSE: 6330) (OTCQB: SUNXF) (the "Company" or "Stardust Solar"), a leading North American franchisor of renewable energy installation services, is pleased to announce that it has signed a non-binding ...
Stardust Solar Updates Status of Filing Annual Financial Statements
Newsfile· 2025-05-15 12:30
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2025) - Stardust Solar Energy Inc. (TSXV: SUN) ("Stardust Solar" or the "Company"), a leading provider of residential solar energy solutions, announces, further to its news release of May 1, 2025, that the Company's principal regulator, the British Columbia Securities Commission (the "Commission"), granted a management cease trade order (the "MCTO") on May 1, 2025, under National Policy 12-203 Management Cease Trade Orders ("NP 12-203").The MCTO prohib ...
Sunoco LP and NuStar Energy L.P. 2024 Schedule K-3s Now Available
Prnewswire· 2025-05-13 20:15
DALLAS, May 13, 2025 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced that its 2024 Schedule K-3 reflecting items of international tax relevance is available online. In addition, SUN announced that the 2024 Schedule K-3 for NuStar Energy Partners, L.P., who merged with SUN on May 3, 2024, is also available online. Unitholders requiring this information may access their Schedule K-3 at www.sunocolp.com in the investor relations section of the website.A limited number of unit ...