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Stardust Solar Edmonton Expands Franchise Territories Across Central Alberta
Vancouver, British Columbia--(Newsfile Corp. - April 1, 2025) - Stardust Solar Energy Inc. (TSXV:...
About this update from Stardust Solar Energy Inc.
[{"type":"text","content":"Stardust Solar Edmonton Expands Franchise Territories Across Central AlbertaVancouver, British Columbia--(Newsfile Corp. - April 1, 2025) - Stardust Solar Energy Inc. (TSXV: SUN) proudly announces the significant territory expansion of its Edmonton, Alberta franchise. Stardust Solar Edmonton has expanded from its original single territory to four territories, significantly increasing the franchise's market reach throughout central Alberta. Each additional territory encompasses approximately 500,000 people, positioning the franchise to effectively meet growing demand for renewable energy solutions.Established as Stardust Solar's first-ever franchise in 2021, Stardust Solar Edmonton has consistently been one of the Company's top-performing franchises, contributing substantially to Stardust Solar's overall growth and market leadership.This latest expansion reflects a broader trend of growth and strategic development across Stardust Solar's franchise network. Key recent milestones include:International Expansion: Stardust Solar recently sold its first international franchise in Antigua & Barbuda, marking the Company's entry into the Caribbean market with a $50,000 USD investment.U.S. Market Penetration: The Company expanded significantly in the United States with new franchises in Houston, TX; Dallas-Fort Worth, TX; and Columbia, SC, following the acquisition of Solar Grids Development LLC.Master Franchisor Permits: Stardust Solar applied for master franchisor permits in 42 U.S. states in late 2024, targeting substantial annual franchise additions and projecting to surpass 100 franchise territories by the end of 2025.Backlog Growth: Stardust Solar currently holds a project backlog exceeding $2 million in signed contracts for solar and energy storage installations set to commence in spring 2025 across the Company's franchise network. In 2024 alone, the Company successfully installed 1,200 kilowatts of solar capacity and 189 kilowatt-hours of energy storage systems.Strategic Partnerships: Expanded agreements, including a notable distribution partnership with Tesla for the Powerwall across the U.S., have significantly enhanced the Company's product offerings and strengthened market reach.\"We are thrilled to support Stardust Solar Edmonton's recent growth,\" said Mark Tadros, Founder and CEO. \"This expansion is a testament to the ...