Victory Square Technologies Inc (CSE:VST) (OTCMKTS:VSQTF) (FRA:6F6) said its portfolio company, Stardust Solar, has become the first and only coast to coast authorized Canadian dealer of the highly sought after solar and energy services provider, SunPower.
As an Authorized SunPower Dealer, Stardust will offer its SunPower solar solutions to residential customers including SunPower’s DC solar panels and InvisiMount mounting hardware for faster installation and design.
Victory Square (VST) builds, acquires and invests in promising startups, providing senior leadership and resources needed to fast-track growth. Resulting in rapid scaling scale and monetization.
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California-based SunPower has been in the business since 1985 with over 360,000 homeowners using its systems. Victory Square calls SunPower's solar panels the most efficient, durable and best looking available in the industry, supported by one comprehensive warranty.
“Stardust Solar now has more than eight distribution channels from coast to coast in Canada, and will use this opportunity to expand its foothold in the market.
"We are honored to represent SunPower across Canada. SunPower will be game-changing for our business and for homeowners," Mark Tadros, CEO of Stardust said in the statement. "Until now, Canadians weren’t afforded many options in their search for solar products, and education around solar power efficiencies, product choices, options and the solar lifestyle savings were minimal at best.”
Stardust also has a network of solar training centers across North America, and has certified over 2,000 solar installers across Canada and the US.
With a growing list of franchise locations across Canada, Stardust is keen on educating homeowners about important key differences in solar products and their warranties, and offer choices when purchasing life-changing solar equipment including.
“We congratulate Mark and his team at Stardust Solar on becoming the first authorized dealer of SunPower solar technology products across Canada,” said Shafin Diamond Tejani, CEO of Victory Square. “This strategic business decision positions our portfolio company to further capture market share and continue its month-over-month growth increase here in Canada and beyond.”
Stardust plans to file its preliminary prospectus with the British Columbia Securities Commission (BCSC) in the third quarter and be listed by the end of the year.
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