Principal Solar, Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Kendrick Bryce Toussaint
- Full Time Employees
- 2
- Sector
- Energy
- Industry
- Solar
- Address
- 100 Crescent Court Dallas TX United States of America 75201
- IPO Date
- Oct 31, 1994
- CIK
- 0001587476
- Website
- pswwenergy.com
- Similar Companies
- Business
- Principal Solar, Inc. operates as a strategic investor and operator in the traditional, renewable, and clean energy sectors, focusing on acquiring undervalued petroleum-producing properties and advancing next-generation energy technologies. Its core offerings include the operation and rework of oil wells, with active properties such as the Minerva-Rockdale Oil Field producing approximately 200 barrels per day, alongside investments in hybrid and electric vehicle powertrain retrofitting through its partnership with eTruck, which is set to produce hybrid powertrains for Class 8 diesel trucks by the end of 2024. The company also pursues strategic business combinations and acquisitions within the energy and resource sectors, including a recent memorandum of understanding for a business combination with Brookmount Explorations to expand its portfolio with gold assets relevant to renewable energy supply chains. Principal Solar’s product and service scope encompasses petroleum production, hybrid vehicle powertrain technology, and clean energy development and investment. Recent developments include a joint venture with Executive Logistics & Transportation aimed at expanding logistics and hybrid/electric vehicle fleet capabilities, and a strategic focus refinement involving the divestiture of non-aligned activities to concentrate on high-value clean energy investments and petroleum assets. The company has successfully reworked oil wells in Texas, anticipating production increases, and undertakes initiatives to become a fully reporting company to enhance transparency and investor relations. Additionally, Principal Solar is engaged in plans to spin out certain legacy assets and liabilities prior to the closure of its potential merger with Brookmount Explorations, supporting green technology asset development and further positioning itself for growth in emerging energy markets. Founded in 2007 and headquartered in Dallas, Texas, Principal Solar operates primarily in the United States with efforts targeting expansions in Southeast U.S. states. The company’s approach blends traditional energy production with innovative clean technology investments, making it a diversified player across energy sectors ranging from petroleum extraction to environmentally sustainable energy solutions. Its financial and operational strategies emphasize risk management, asset optimization, and leveraging strategic partnerships to capitalize on evolving energy industry trends and market demands.
T1 Energy (NYSE:TE) and Principal Solar (OTCMKTS:PSWW) Critical Review
Brookmount Gold Corp. ("BMXI") Enters Preliminary Agreement with J.J. Astor & Co. for $2,000,000 Production Expansion & Working Capital Debt Facility
Brookmount Gold Corp. (OTC: BMXI) and Principal Solar, Inc. (OTC: PSWW) Advance Strategic Business Combination to Deliver Long-Term Shareholder Value and Energy Transition Exposure
Shareholder Update
CORRECTION: Brookmount Exploration Announces Potential Acquisition of Principal Solar, Inc
Principal Solar's Royalty Agreement Partner eTruck to Deploy Hybrid-Converted Semis by End of 2024
Principal Solar Launches New Corporate Website
Principal Provides Status Update of eTruck Transportation's Class 6 EV Conversion Technology
Principal Solar Improves Balance Sheet, Engages Financial Auditor
7 Solar Penny Stocks to Buy as Investors Bet on a Green Energy Future
Principal Solar and IPLTech Electric to Develop Heavy Duty EV Trucks for North American Markets
Principal Solar Announces Acquisition of Second Danbury Dome Project Lease and Positive Initial Production Results
PSWW and e Truck Transportation in Process of Completing the First Two Class 6 Vehicle ev Conversions for Customer Demonstrations
Principal Solar and Apollo LTMS Announce a Major Update to the HoloPort Immersive AR, VR Framework
Principal Solar und eTruck Transportation geben Statusaktualisierung ihrer Partnerschaft in Form einer Tochtergesellschaft bekannt
Principal Solar and eTruck Transportation Provide Subsidiary Partnership Status Update
Principal Solar Announces Positive Initial Production Results from its Oil Well "Recycling" Program: The Danbury Dome Project Oil Wells
Principal Solar Begins Planned Elimination of High-Interest "Legacy" Corporate Debt
Principal Solar and Apollo LTMS Green to Co-develop Augmented and Virtual Reality Remote Training and Communications Platform
Principal Solar and Apollo LTMS Green to Co-develop Augmented and Virtual Reality Remote Training and Communications Platform