Stardust Solar signs AI-powered renewable energy optimization deal
Stardust Solar intends to integrate and white-label MarkeDroid's AI optimization platform across its network of over 93 franchise territories in Canada, the United States, and the Caribbean
the platform to generate optimal 24-hour energy plans for each asset. The system dynamically recalibrates in response to grid fluctuations or changes in energy storage
Stardust Solar Energy stock (TSXV:SUN) last traded at $0.14
Stardust Solar Energy (TSXV:SUN) has signed a non-binding letter of intent (LOI) with Estonia-based MarkeDroid OÜ, a provider of AI-driven virtual power plant services. The LOI outlines plans for Stardust Solar to become the exclusive North American distributor of MarkeDroid's advanced solar and battery optimization technology.
This strategic partnership was facilitated by ClimateDoor and the European Union's Lower Carbon Business Action (LCBA) program, which connects cutting-edge European clean technologies with Canadian market leaders. A leap toward smarter energy
Under the terms of the LOI, Stardust Solar intends to integrate and white-label MarkeDroid's AI optimization platform across its network of over 93 franchise territories in Canada, the United States, and the Caribbean. The technology is designed to optimize energy usage by analyzing market prices, solar production, and consumption patterns to determine the most efficient buy-sell-store cycles.
MarkeDroid's platform also offers advanced battery arbitrage and grid flexibility services, which are expected to significantly reduce energy costs for both residential and commercial customers.
'This LOI marks a pivotal milestone in our growth strategy,' said Mike Cioffi, Founder and CEO of Stardust Solar. 'By integrating MarkeDroid's AI capabilities, we're not only enhancing the value we deliver to our customers but also reinforcing our commitment to innovation and sustainability.' Building on momentum
The agreement follows a series of major achievements for Stardust Solar, including: The acquisition of 49 U.S. territories through the purchase of Solar Grids Development LLC assets.
New franchise launches in high-growth markets such as Dallas-Fort Worth, Texas, and Florida.
A project backlog exceeding C$2 million in signed contracts for solar and energy storage installations set to begin in spring 2025.
A strategic distribution agreement with Tesla for the Powerwall energy storage solution.
MarkeDroid's optimization engine is built on proprietary AI models developed in collaboration with STACC, a data science firm affiliated with the University of Tartu. The system uses a combination of: Location-specific weather forecasts
Historical consumption data
Real-time energy market prices
On-site parameters such as photovoltaic (PV) capacity and battery storage
These inputs allow the platform to generate optimal 24-hour energy plans for each asset. The system dynamically recalibrates in response to grid fluctuations or changes in energy storage, working to ensure maximum efficiency and reliability. Leadership insights
'We are excited to bring MarkeDroid's intelligent optimization technology to North America, further enhancing the value proposition of our solar and battery storage installations,' Mark Tadros, Stardust Solar's founder and CEO said in a news release. 'This partnership reflects our commitment to delivering solutions that not only drive down costs but also accelerate renewable energy adoption across our growing footprint.'
'Through our partnership with Stardust Solar, we will aim to make a tangible impact on North American renewable energy markets,' Toomas Teesaar of MarkeDroid added. 'Stardust Solar's extensive installer network and commitment to exceptional service are an ideal match for our vision of enabling more flexible and efficient clean energy ecosystems.'
The LOI sets the stage for a definitive commercial agreement, supported by EU-funded technical assistance. If finalized, the partnership could lead to future co-development opportunities and deeper collaboration between the two companies.
The transaction remains subject to customary conditions, including regulatory approvals and the execution of a definitive agreement. Both companies are independent entities, and no finder's fees are expected in connection with the LOI.
This partnership is expected to deliver not only financial benefits but also significant environmental impact by reducing reliance on grid electricity and lowering carbon emissions across North America. About Stardust Solar Energy
Stardust Solar Energy Inc. is a North American franchise provider in renewable energy installations, offering expertise in solar PV systems, energy storage solutions, and electric vehicle charging infrastructure. The company empowers entrepreneurs by providing a fully branded business platform, state-of-the-art equipment, and end-to-end support services spanning marketing, sales, engineering, and project management.
Stardust Solar Energy stock (TSXV:SUN) last traded at $0.14 and though it is up 7.41 per cent since the year began, it has lost 9.38 per cent since this time last year.
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