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Stardust Solar Reaches 100 Franchises Globally, Milestone Marked with 3 New Territories
Newsfile· 2025-10-07 12:30
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2025) - Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) (FSE: 6330) today announced that it has reached 100 franchises globally with the addition of Durham, Ontario; Kitchener, Ontario; and New London, Connecticut in September. The milestone reflects the continued adoption of Stardust's scalable franchise model for residential and small-commercial solar-PV, battery-storage, and EV-charging solutions across North America."Reaching 100 franchise ...
Recent Canadian Policy Developments and Forecasted $200B Clean-Power Investment Support Market Conditions for Stardust Solar
Newsfile· 2025-09-29 12:30
Core Insights - The recent forecasts for clean-power additions and the relaunch of the Canada Greener Homes Affordability Program (CGHAP) indicate a sustained demand for residential and small-commercial solar across Canada [1][2] - The Canadian Renewable Energy Association projects over $200 billion in investment for clean power by 2035, primarily driven by rising electricity demand, with wind and solar expected to dominate new generating capacity [2] - Stardust Solar is well-positioned to benefit from these developments due to its installation network and accredited training programs [3] Industry Developments - The CGHAP has been relaunched with a direct-install model that eliminates upfront costs for low- and median-income households, with the first implementation agreement in Manitoba involving $29.8 million in federal funding [2] - Market conditions in Canada are favorable for solar and energy-efficient retrofit solutions, supported by increasing clean energy procurement pipelines and rising electricity demand [4] Company Positioning - Stardust Solar, as a licensed provider of solar PV installations and renewable energy training, is aligned with the local delivery model of CGHAP, enhancing its ability to meet growing demand [3] - The company plans to expand its reach in high-potential provinces, focusing on increasing installations of residential retrofits and distributed solar and storage projects [4] - Stardust Solar operates as a North American franchisor of renewable energy installation services, providing comprehensive support to its franchisees [5]
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]
Stardust Solar Updates Status of Filing Annual Financial Statements
Newsfile· 2025-05-15 12:30
Core Viewpoint - Stardust Solar Energy Inc. has received a management cease trade order (MCTO) from the British Columbia Securities Commission, which restricts its CEO and CFO from trading the company's securities until the required financial documents are filed [1][2]. 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 [5]. - The company supports its franchisees with various services from corporate headquarters, such as marketing, sales, engineering, customer service, and project management [5]. Regulatory Compliance - The MCTO prohibits the CEO and CFO from trading until the audited annual financial statements for the year ended December 31, 2024, along with management's discussion and analysis, are filed [2]. - The company plans to issue bi-weekly default status reports to comply with alternative information guidelines while remaining in default of its financial statement filing requirements [4]. Management's Efforts - The Board of Directors and management are actively working to complete and file the required financial documents [3]. - The company has confirmed that there is no undisclosed material information regarding its affairs since the last press release [3].