Stardust Solar
Burnaby, CA · Founded 2017 · 22 employees on LinkedIn · Public · 1 known investors
Stardust Solar is a licensed electrical contractor that installs residential, commercial, and cottage solar photovoltaic systems and operates a solar training franchise across North America, offering CSA- and NABCEP-accredited certification courses. Founded in 2017, it runs a network of trained/certified individuals and franchisees and also installs battery storage such as the Tesla Powerwall.
Also known as FSE: 6330 · OTCQB: SUNXF · Stardust Solar Energy Inc. · Stardust Solar Technologies Inc. · TSXV: SUN
Founders & leadership
Stardust Solar was founded in 2017 by Mark Tadros.
Board
Investors · 1
Reported raises · per SEC filings
Form D private placements$652.4K disclosed across 3 of 5 rounds · 2024–2026
▶$37.3KraisedJun 2026 · 2 investors · OtherRule 506(b)
- Chad RickabyDirector
- Mark TadrosExecutive Officer, Director
- Vitaly MelnikovExecutive Officer, Director
- Eamonn McHughExecutive Officer, Director
- Paul BaluchDirector
- Offering amount
- $87K
- Amount sold
- $37.3K
- First sale
- May 2026
- Incorporated
- Corporation, Canada (federal Level)
- Federal exemptions
- 06b
▶$10.4KraisedFeb 2025 · 1 investors · OtherRule 506(b)
- YOUNG BANNDirector
- OHAD DAVIDDirector
- VITALY MELNIKOVExecutive Officer, Director
- EVAN KRAEMERExecutive Officer
- MARK TADROSExecutive Officer, Director
- EAMONN MCHUGHExecutive Officer, Director
- Offering amount
- $31.2K
- Amount sold
- $10.4K
- First sale
- Jan 2025
- Incorporated
- Corporation, Canada (federal Level)
- Federal exemptions
- 06b
▶$604.7KraisedDec 2024 · 2 investors · OtherRule 506(b)
- OHAD DAVIDDirector
- VITALY MELNIKOVExecutive Officer, Director
- YOUNG BANNDirector
- EAMONN MCHUGHExecutive Officer, Director
- MARK TADROSExecutive Officer, Director
- EVAN KRAEMERExecutive Officer
- Offering amount
- $604.7K
- Amount sold
- $604.7K
- First sale
- Dec 2024
- Incorporated
- Corporation, Canada (federal Level)
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Stardust Solar (Stardust Solar Energy Inc.; TSXV: SUN, OTCQB: SUNXF, FSE: 6330) is a solar developer and renewable energy company that combines solar photovoltaic installation with accredited installer training and a franchise network. The company installs residential, commercial and cottage solar PV systems, Tesla Powerwall battery storage and EV chargers, offering roof-mount and ground-mount configurations. It is a bonded and licensed electrical contractor authorized to perform solar PV installation work in British Columbia, employs FSR and Red Seal electricians, and is licensed to pull its own electrical permits in British Columbia and Alberta.
Its training arm delivers in-person, live virtual and on-demand online solar courses, plus private training, EV training, solar hot water training and solar technical sales training. Courses are approved by CSA as prerequisite training for the Canadian national Construction Electrician (NOC 7241) Solar Photovoltaic exam, and the company is a registered provider of the NABCEP Associates Exam and a member of the North American Board of Certified Energy Practitioners. Alongside installation and training, the company sells franchise opportunities in Canada, the USA and internationally, and pursues utility-scale project development, including a 30 MW utility-scale solar project in Zambia.
Stardust Solar describes itself as operating a diversified solar royalty platform, generating recurring revenue from franchise installation operations, accredited training and development licenses and subscriptions, and technology-driven initiatives, and engaging formally with governments, utilities and commercial stakeholders. The company also runs an environmental program that pledges 10 trees planted for every solar panel installed and 25 trees for every certified student, in partnership with Eden Projects on restoration and carbon sequestration projects in Tanzania, Zambia and Kenya.
Founding story
Mark Tadros founded Stardust Solar Technologies Inc. in 2017 as a solar energy franchise business. Tadros studied Political Science at Concordia University and holds a DEC in Economics from John Abbott College; he previously founded Pro Draft League, a fantasy sports company scaled by 2015 and acquired by Victory Square, and launched iHazmat Regulatory in 2016, a dangerous goods transport education company with more than 200 corporate clients, which he sold to ICC Compliance Center in June 2021 in order to focus on Stardust Solar.
Business model
The company earns revenue from solar PV and battery/EV charger installation for homeowners and businesses, from paid solar training programs delivered in person, live-online and on demand, and from franchising its brand and system to local operators across Canada, the United States and internationally. Management characterizes the structure as a diversified solar royalty platform producing recurring revenue via royalties, licensing agreements, franchise installation operations and training licenses and subscriptions, supplemented by engineering and procurement expertise and utility-scale project development.
Solar energy revenues generated through royalties, licensing agreements and recurring revenue models, together with training course fees, franchise fees, and installation sales of solar systems, Tesla Powerwall storage and EV chargers.
Traction
More than 2,500 licensed and bonded solar professionals trained globally and a network of over 2,500 trained/certified individuals and franchisees across North America; over 2,000 customers cited for its installation business. Customer ratings of 4.5 based on 99 Google reviews and 92% based on 24 Facebook reviews. The company reports 51,463 trees planted worldwide since 2018 (46,877 as stated on its about page). Recent operational milestones include an executed implementation agreement constituting final government approval for a 30 MW utility-scale solar project in Zambia, an Export Development Canada insurance indication for up to US$2 million of Zambian energy receivables, and a new Kitchener-Waterloo Ontario franchise.
Latest developments
In June 2026 the company closed a non-brokered private placement of 11,105,079 units for gross proceeds of $832,880.93, with the final tranche of 4,617,600 units at $0.075 priced in June 2026; proceeds were earmarked to repay outstanding senior secured convertible debenture principal and accrued interest, advance the Zambia utility-scale project, support franchise network growth, strengthen the balance sheet and fund working capital. Earlier in June 2026 it received an Export Development Canada insurance indication for up to US$2 million of Zambia energy receivables, and in August 2026 it announced final government approval via an executed implementation agreement for the 30 MW Zambia utility-scale solar project and a positioning statement on decentralized energy asset ownership. In July 2026 it added a Kitchener-Waterloo, Ontario franchise led by master electricians.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
The company positions itself as North America's first coast-to-coast solar franchise network and as an education leader for NABCEP-aligned solar training, citing more than 2,500 trained and certified individuals and franchisees across North America and over 2,000 customers. It is a small-cap issuer, with a June 2026 private placement priced at $0.075 per unit and warrants exercisable at $0.10.
Combination of accredited training (CSA-approved prerequisite training for the Canadian Construction Electrician NOC 7241 solar PV exam and registered NABCEP Associates Exam provider) with a franchised installation network and a royalty/licensing revenue structure, rather than a single-market installer model. The company also cites licensed and bonded electrical contractor status in BC, permit-pulling ability in BC and Alberta, Tesla Powerwall certified installer status, and an environmental multiplier tree-planting pledge.
Technology
Stardust Solar deploys grid-tied and off-grid solar photovoltaic systems in roof-mount and ground-mount configurations, paired with charge controllers, inverters and battery storage, and is a certified installer of the Tesla Powerwall AC battery system (including Powerwall 3) as well as Level 1, Level 2 and fast EV chargers. The company markets high-efficiency panels with a 25-year repair/replace/reimburse warranty, claims up to 30% more energy generated over the first 25 years and low degradation rates, and also develops utility-scale solar generation projects.
Go-to-market
Direct-to-consumer lead generation through free residential and commercial solar quote requests on its website and a toll-free support line; training sold as in-person, live virtual and on-demand courses including NABCEP exam preparation and a Quebec schedule; and expansion primarily through franchise sales in Canada, the USA and internationally, including a \"start your training business\" offering. The company also participates in Canadian and US trade shows and maintains investor-facing communications including press releases, an investor deck and analyst/media coverage. Utility-scale growth is pursued through formal engagement with governments and utilities.
Homeowners, businesses and cottage owners seeking solar PV, battery storage and EV charging; individuals and electricians seeking solar installer certification and training; entrepreneurs and existing contractors buying franchises; and governments, utilities and commercial stakeholders for larger-scale projects.
Geography
Canadian head office and training facility in Burnaby, British Columbia, and a US head office and training facility in Las Vegas, Nevada. National installation services are listed across Canada (including Vancouver, Victoria, Surrey, Richmond, Kamloops, Kelowna, Calgary, Edmonton, Red Deer, Banff, Regina, Saskatoon, Winnipeg, Toronto, York, Peel, Halton, Kitchener-Waterloo, Barrie, Sudbury, Durham and Kingston, Halifax, PEI, St. John's, Grand Falls-Windsor) and the United States (including Atlanta, Central Florida, Dallas-Fort Worth, Houston, Phoenix, Biloxi, Michigan, Ohio, South Carolina, New England, New London), plus Antigua & Barbuda. International activity includes a utility-scale solar project in Zambia and tree-planting projects in Tanzania, Zambia and Kenya.
History
Founded in 2017 by Mark Tadros as a solar franchise business, the company began tree-planting activity in 2018 and expanded its training accreditations, obtaining CSA approval for prerequisite solar PV training and NABCEP registration. Eamonn McHugh, a Red Seal electrician and master electrician, joined Tadros and Evan Kraemer in 2019 and serves as Chief Operating Officer and board member. The company now trades publicly as Stardust Solar Energy Inc. on the TSX Venture Exchange, OTCQB and Frankfurt exchanges, with audited financial statements filed for 2023, 2024 and 2025 and quarterly filings through Q1 2026, and has moved from North American franchising and training into international utility-scale development, notably a 30 MW project in Zambia.
Risks & controversies
As a small-cap venture issuer, the June 2026 private placement issued 11,105,079 new units plus investor and finder warrants exercisable at $0.10, creating dilution and warrant overhang, and all securities were subject to a four-month-and-one-day statutory hold period. An insider subscribed for 266,000 units, making the final tranche a related party transaction under MI 61-101; the company relied on exemptions from formal valuation and minority approval requirements and did not file a material change report at least 21 days before closing. Net proceeds were partly required to repay outstanding senior secured convertible debentures. The shares declined 8.90% in the session following the June 2026 placement close. Company disclosure notes forward-looking statement risk, including uncertainty over its ability to advance the Zambia utility-scale project.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 2
by search overlap
Companies competing with Stardust Solar for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 8
launches, deals, and filingsNew franchise location led by master electricians added to the Ontario network.
Aggregate of 11,105,079 units issued for total gross proceeds of $832,880.93; proceeds allocated to repaying senior secured convertible debentures, utility-scale solar initiatives including the Zambia project, franchise network growth, balance sheet strengthening and working capital.
$832.9K source ↗
Issued 4,617,600 units at $0.075 per unit for gross proceeds of $346,320, each unit comprising one common share and one warrant exercisable at $0.10 for 18 months. Finder's fees of $20,605.90 cash and 274,745 finder warrants were paid; an insider subscribed for 266,000 units, treated as a related party transaction under MI 61-101.
$346.3K source ↗
$2M source ↗
Official Tree Planting Certificate dated 11/2025; next phase with Eden Projects supports the Rubeho Mountains Carbon Project (Tanzania), Musokotwane-Nyawa (Zambia) and Olokeri (Kenya).
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- Stardust Solarstardustsolar.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Stardust Solar do?
- Publicly listed solar company operating a franchise, training and royalty platform for residential, commercial and utility-scale solar.
- Who founded Stardust Solar?
- Stardust Solar was founded by Mark Tadros in 2017.
- Who are Stardust Solar's investors?
- Stardust Solar's investors include Victory Square Technologies.
- How much funding has Stardust Solar raised?
- Stardust Solar has disclosed $652.4K raised across 3 of its 5 known rounds.
- Where is Stardust Solar headquartered?
- Stardust Solar is headquartered in Burnaby, CA.