Stardust Solar Energy Inc. Announces Annual Meeting Results/Shareholder Approval of New By-Law No. 1 with Advance Notice ProvisionsOctober 16, 2025 8:47 PM EDT | Source: Stardust Solar Energy Inc.Vancouver, British Columbia--(Newsfile Corp. - October 16, 2025) - Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) (FSE: 6330) ("Stardust Solar" or the "Corporation") announces that at the Corporation's September 18, 2025, Annual and Special Meeting (the "Meeting"), all proposed resolutions set ...

Core Insights - Stardust Solar Energy Inc. has reached a significant milestone of 100 franchises globally, with new additions in Durham, Ontario; Kitchener, Ontario; and New London, Connecticut in September 2025, indicating strong demand for its clean-energy solutions [1][8] Company Expansion - The new franchises enhance Stardust's coverage in the Greater Toronto Area and New England, with a focus on quality execution and customer experience [2][8] - The Durham territory will be led by an experienced Master Electrician, improving service responsiveness and crew capacity [2] Operational Strategy - Stardust follows a structured operational cadence, signing new territories in Q4, training in Q1, and executing installations primarily in Q2 and Q3, while maintaining year-round activities [3] Financial Performance - In August 2025, the company secured approximately $1 million in new customer contracts, raising its total signed contract backlog to about $3.5 million as of September 1, 2025, which includes residential and small-commercial solar-PV and battery-storage contracts [4]

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]