Welcome to our dedicated page for Stardust Solar Energy news (Ticker: SUNXF), a resource for investors and traders seeking the latest updates and insights on Stardust Solar Energy stock.
Stardust Solar Energy Inc. (OTCQB: SUNXF) features frequent news updates that reflect its dual role as a renewable energy franchisor and a diversified solar royalty company. Company announcements highlight developments across residential, commercial, and utility-scale markets, as well as progress in its North American franchise network and international initiatives.
News items often cover franchise expansion milestones, such as the company’s reports of reaching 100 franchises globally and adding new territories in Canada and the United States. Releases also describe the award of a national franchise in Zambia and the growth of a signed project backlog across its network, which the company uses as an indicator of installation activity and future revenue potential.
Stardust Solar’s news flow includes updates on financial and operating performance, including reported quarterly revenue, gross margin, backlog, and cash flow measures. The company has highlighted periods in which it achieved record revenues and its first-ever EBITDA-positive quarter, and it provides additional context through non-IFRS metrics such as signed contracts and backlog.
In addition, the company issues news on strategic initiatives, including its approval as a BC Hydro Alliance contractor, the launch of the AI-enabled StarDroid residential energy optimization device under exclusive North American rights, and the securing of a 20-year, 30-megawatt power purchase agreement in Zambia with a state-owned utility. These updates illustrate how Stardust Solar combines franchise operations, royalty interests, and technology-enabled offerings. Investors and observers can use this news page to review the company’s disclosed project wins, franchise growth, policy-related developments, and capital markets updates over time.
Stardust Solar Energy (TSXV: SUN, OTCQB: SUNXF, FSE: 6330) reported that all resolutions at its June 30, 2026 Annual Meeting were approved. Shareholders elected five directors, reappointed Davidson & Company as auditor, increased the maximum common shares reserved under the Omnibus Plan to 9,949,048, and ratified the amended Omnibus Plan dated May 20, 2026.
Stardust Solar (TSXV: SUN, OTCQB: SUNXF) updated the results of its recent non-brokered private placement of units. The company cancelled and returned to treasury 266,666 units that had been issued due to a clerical error in the first tranche.
Following this adjustment, Stardust Solar issued a total of 10,838,413 units for aggregate gross proceeds of approximately $812,880.98. Each unit comprises one common share and one warrant, with each warrant exercisable at $0.10 per share for 18 months. The company also paid eligible finders $46,044.40 in cash and issued 613,778 finder warrants, each exercisable at $0.10 per share for 18 months, in accordance with TSX Venture Exchange policies.
Stardust Solar (OTCQB:SUNXF) is expanding its Ontario franchise network with a new Kitchener-Waterloo location led by Master Electricians and ROHR Electric co-founders Corey Hakkers and Dallas Roth.
The franchise will offer residential and commercial solar, battery storage, EV charging, and related renewable energy services across Kitchener-Waterloo, Cambridge, and nearby communities.
Stardust Solar (OTCQB:SUNXF) closed a non-brokered private placement, issuing 11,105,079 units for total gross proceeds of $832,880.93. Each unit includes one common share and one warrant exercisable at $0.10 for 18 months. Proceeds will fund utility-scale solar projects, franchise growth, balance sheet strengthening, and long-term value initiatives.
Stardust Solar (OTCQB:SUNXF, TSXV:SUN) closed the final tranche of its non-brokered private placement, issuing 4,617,600 units at $0.075 for gross proceeds of $346,320. Each unit includes one share and a warrant exercisable at $0.10 for 18 months.
Combined with earlier closings, the placement totals 11,105,079 units and $832,880.93 in gross proceeds. Finder’s fees included $20,605.90 cash and 274,745 finder warrants. An insider bought 266,000 units. Net proceeds are earmarked to repay senior secured convertible debentures, fund a Zambia utility-scale project, and for working capital.
Stardust Solar (OTCQB:SUNXF) received a non-binding indication from Export Development Canada for an Export Receivables Policy covering up to US$2 million of Zambia energy receivables. The 30MW project, backed by a 20-year PPA with ZESCO, could generate about US$90 million in gross revenues over its life.
The indication outlines 90% loss coverage, zero deductible, a proposed June 1, 2026–May 31, 2027 term, and an indicative premium of US$10,400 (0.650% rate), but remains subject to final EDC approval.
Stardust Solar Energy (OTCQB:SUNXF) reported Q1 2026 revenue of $775,770, gross margin of 47.2%, and an 84% year-over-year improvement in net loss to $106,060. Working capital swung to a $54,403 surplus, cash rose to $420,297, and total assets increased 28% to $1.71 million.
The franchise network grew to 106 territories, recurring and franchise-related revenue reached 56% of total revenue, training revenue rose 69% year-over-year, and project backlog remained about $3.07 million. The company also advanced commercial solar initiatives and a 30 MW utility-scale project in Zambia under a 20-year PPA.
Stardust Solar Energy (OTCQB:SUNXF) onboarded its first customer to a pilot Lease-to-Own solar program, an internally funded platform aimed at expanding residential solar across North America. The 10-year lease term leads to full system ownership, predictable payments, a 25-year product warranty, and direct support from Stardust Solar.
A portion of the company’s current private placement is intended to help scale these Lease-to-Own initiatives.
Stardust Solar Energy (OTCQB:SUNXF) signed a strategic 30 MW MOU with POWERCHINA, one of the world’s largest EPC firms. The memorandum sets a collaborative framework for engineering, EPC participation, and execution planning for Stardust’s Zambia 30 MW utility-scale solar project and broader international expansion.
The project continues under a previously announced 20-year power purchase agreement framework through Stardust Solar Zambia. Stardust expects the partnership to support larger-scale renewable developments, long-duration contracted revenue opportunities, and accelerated global growth.
Stardust Solar Energy (OTCQB:SUNXF) signed a Letter of Intent with Gamma Power to design and build 30MW transmission lines and substation infrastructure for its planned Zambia solar plant.
The grid interconnection package is estimated at ~US$750,000, which Stardust Solar plans to own directly as a strategic utility asset.