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Stardust Solar Energy Inc. ( (TSE:SUN) ) has issued an update.
Stardust Solar Energy Inc. has expanded its franchise network by selling five new territories in Miami-Dade County, Florida, to European investor Christophe Ayassamy-Cally. This expansion aligns with Florida’s growing residential solar market and increases Stardust Solar’s presence in the Southeast U.S., contributing to an 18% growth in U.S. territories in 2025. The company now operates in 24 states and nine Canadian provinces, supported by services like engineering and Tesla Powerwall distribution. This strategic move is part of Stardust Solar’s broader mission to surpass 100 territories by the end of 2025, enhancing its market position and supporting revenue growth through certified training programs and strategic partnerships.
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 supports entrepreneurs with business management services, cutting-edge equipment, and comprehensive support, aiming to drive the adoption of clean energy solutions across Canada and the United States.
Average Trading Volume: 58,178
Technical Sentiment Signal: Sell
Current Market Cap: C$7.23M
See more insights into SUN stock on TipRanks’ Stock Analysis page.