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Stardust Solar Reports Robust 2024 Growth and Expands U.S. Presence

Story Highlights

Stardust Solar Energy Inc. ( (TSE:SUN) ) just unveiled an announcement.

Stardust Solar Energy Inc. reported significant growth in 2024, achieving a 94% year-over-year increase in sales of solar PV systems and energy storage solutions. The company completed its primary goal of a public listing on the TSX Venture Exchange and expanded its franchise network to 78 territories. The acquisition of Solar Grids Development LLC has bolstered its U.S. presence, positioning Stardust Solar for further growth and market impact in 2025. The company has over $2M in signed contracts and expects continued expansion driven by strong industry demand and operational efficiency.

More about Stardust Solar Energy Inc.

Stardust Solar Energy Inc. is a leading provider of residential solar energy solutions. The company focuses on solar energy and storage solutions, with a strong emphasis on expanding franchise territories in both Canada and the United States.

YTD Price Performance: -7.14%

Average Trading Volume: 46,037

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$3.58M

See more data about SUN stock on TipRanks’ Stock Analysis page.

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