14:31:33 EST Wed 14 Jan 2026
Enter Symbol
or Name
USA
CA



Stardust Solar Energy Inc
Symbol SUN
Shares Issued 88,800,139
Close 2025-10-07 C$ 0.10
Market Cap C$ 8,880,014
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Stardust reaches 100 franchises globally

2025-10-07 20:19 ET - News Release

Mr. Steve Rickaby reports

STARDUST SOLAR REACHES 100 FRANCHISES GLOBALLY, MILESTONE MARKED WITH 3 NEW TERRITORIES

Stardust Solar Energy Inc. has reached 100 franchises globally with the addition of Durham, Ont.; Kitchener, Ont.; and New London, Conn., in September. The milestone reflects the continued adoption of Stardust's scalable franchise model for residential and small-commercial solar photovoltaic, battery storage, and electric vehicle charging solutions across North America.

"Reaching 100 franchises is a milestone that reflects rising demand for reliable, turnkey clean energy solutions delivered by trusted local operators amid the rapid global adoption of solar, battery storage and EV charging," said Mark Tadros, founder and chief executive officer. "Durham and Kitchener strengthen our Greater Toronto Area coverage, and New London extends our New England presence. As we scale, our focus remains on quality execution, unit level performance and an exceptional customer experience."

The new Durham, Ont., territory will be led by Daniel Esper, a master electrician and licensed electrical contractor with experience in both residential and commercial projects, enhancing crew capacity and service responsiveness across the GTA. The company expects the Kitchener and New London territories to complement nearby franchise areas and benefit from supportive regional programs encouraging solar-plus-storage adoption.

Operating cadence and seasonality

Stardust typically signs new territories in fourth quarter, conducts intensive technical and business training in first quarter, and executes the bulk of field installations in second quarter and third quarter, while continuing to sign, train and install year-round to meet customer timelines. This cadence is designed to align franchisee readiness with optimal construction windows while maintaining consistent growth throughout the year.

Milestone highlights:

  • Reaches 100 franchises globally, adding Durham, Ont.; Kitchener, Ont.; and New London, Conn., in September, 2025;
  • Expands GTA coverage and New England presence with experienced electrical leadership in Durham;
  • Maintains year-round signing, training and installation, with peak field activity in Q2/Q3.

On Sept. 9, 2025, the company reported securing approximately $1-million in new signed customer contracts during August, bringing its total signed contract backlog to approximately $3.5-million as of Sept. 1, 2025. The backlog represents signed residential and small-commercial solar PV and battery storage contracts scheduled to commence over the following 12 months. Stardust believes its expanding territory base, standardized playbooks, and centralized engineering, permitting and procurement support position the company for continued growth.

About Stardust Solar Energy Inc.

Stardust Solar is a North American franchisor of renewable energy installation services, specializing in solar panels (PV), energy storage systems and electric vehicle supply equipment. The company equips entrepreneurs with branded business management services, cutting-edge equipment and comprehensive support, including marketing, sales, engineering and project management. With franchises across Canada and the United States, Stardust Solar drives the adoption of clean energy solutions that boost economic development and create a more sustainable future.

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