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An announcement from Stardust Solar Energy Inc. ( (TSE:SUN) ) is now available.
Stardust Solar Energy Inc. has launched its first commercial-focused solar franchise in Temiskaming, Ontario, marking a significant milestone in its expansion strategy. This new franchise has already secured a contract with an Ultramar Gas Station, highlighting the growing demand and economic viability of commercial solar installations in Canada. The project is expected to have a payback period of less than five years and underscores the company’s commitment to sustainability and profitability. With a 68% year-over-year increase in solar project backlog, Stardust Solar is well-positioned to capitalize on the untapped market potential for solar solutions in small and medium-sized businesses, offering a replicable model for commercial installations nationwide.
More about Stardust Solar Energy Inc.
Stardust Solar Energy Inc. is a North American franchisor specializing in renewable energy installation services, including solar panels, energy storage systems, and electric vehicle supply equipment. The company provides entrepreneurs with branded business management services and comprehensive support, aiming to drive the adoption of clean energy solutions across Canada and the United States.
Average Trading Volume: 81,713
Technical Sentiment Signal: Sell
Current Market Cap: C$3.62M
See more data about SUN stock on TipRanks’ Stock Analysis page.