Stardust Solar Sells 5 New Franchise Territories in Miami, FL to European Investor

May 13, 2025 8:30 AM EDT | Source: Stardust Solar Energy Inc.

Vancouver, British Columbia--(Newsfile Corp. - May 13, 2025) - Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) (FSE: 6330) ("Stardust Solar" or the "Company"), a leading franchisor of renewable energy installation services, today announced that it has awarded and sold five new franchise territories encompassing Miami-Dade County, Florida, increasing the Company's network to 92 territories across North America.

The Miami-Dade territories were secured through a multi-unit franchise agreement with renewable-energy entrepreneur Christophe Ayassamy-Cally from France, providing exclusive rights to serve more than 2.7 million residents across the county. The expansion complements Stardust Solar's growing presence in the Southeast U.S. and aligns with Florida's expanding residential solar market.

With the addition of Miami-Dade, Stardust Solar has signed 14 new U.S. territories year-to-date 2025, representing an 18 percent increase since the start of the year. System-wide, the Company's franchise network now spans 24 states and nine Canadian provinces, supported by corporate services that include engineering, supply-chain management, and Tesla Powerwall distribution.

"Florida continues to rank among the top solar states, and Miami-Dade is one of the country's most dynamic regions for clean-energy adoption," said Mark Tadros, Founder and Chief Executive Officer. "By partnering with seasoned operators like Christophe, we accelerate our mission to make sustainable power accessible while moving closer to our goal of surpassing 100 territories by the end of 2025."

In addition to geographic expansion, Stardust Solar continues to invest in certified training programs and strategic partnerships. The Company is onboarding its newest U.S. franchisees onto its proprietary CRM and design platform and providing access to Tesla Powerwall products. Management expects these initiatives to further support system-wide revenue growth.

About Stardust Solar:

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.

Media and Investor Contacts:

Steve Rickaby
Communications and Investor Relations
Phone: 1-672-472-1345
Email: steve@stardustsolar.com
Website: www.stardustsolar.com

Disclaimer:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this press release.

The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward-looking statements, including statements relating to the Company's business plans and expected future growth, expected franchise expansions, the outlook of future operations, revenue growth, new opportunities and the demand for the Company's products. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward‐looking statements as well as future results. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, the Company disclaims any intention. It assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251807

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