- Stardust Solar Energy (TSXV:SUN) has signed a letter of intent (LOI) with Estonia-based MarkeDroid OÜ, a provider of AI-driven virtual power plant services
- 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 deal outlines plans for Stardust Solar to become the exclusive North American distributor of MarkeDroid’s advanced solar and battery optimization technology.
This 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 step 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.
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.
Inside MarkeDroid’s AI technology
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.”
Looking ahead
The tam-up could set the stage for a bigger commercial agreement, even supported by EU-funded technical assistance. If finalized, the partnership could lead to future co-development opportunities and deeper collaboration between the two companies.
This partnership is aiming to reduce 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.
Join the discussion: Find out what everybody’s saying about this stock on the Stardust Solar Energy Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.