SOLAR PROJECTS SALE (Details Narrative) |
1 Months Ended | ||
|---|---|---|---|
|
May 30, 2024
USD ($)
GW
MW
|
Jun. 30, 2024
USD ($)
|
Dec. 31, 2024
USD ($)
|
|
| Revenue and related share payable percentage | 62.50% | ||
| Consideration payable | $ 19,400,000 | ||
| Land Rights [Member] | |||
| Number of megawatt amount | $ 18,500,000 | ||
| Number of megawatt | MW | 5,000 | ||
| Ready To Build [Member] | |||
| Number of megawatt | MW | 3,000 | ||
| Project Management Services Agreement [Member] | |||
| Deposits | $ 900,000 | ||
| Project Management Services Agreement [Member] | Emergen [Member] | |||
| Business acquistion description | Emergen remits 62.5 % of amounts received to Energy Independent Partners LLC (“EIP”), an entity controlled by Cole Johnson, and retains 37.5 %. Accordingly, $0.25 million of the June 2024 deposit was paid to EIP and the remaining $0.4 million remains deferred and recorded as accounts payable and accrued liabilities – related parties. Additional EIP payments will be recorded only when Bridgelink remits milestone proceeds. Bridgelink may return a project, without refund, only if no milestone payment has yet been made and the return occurs within seven years of the PSA’s effective date. | ||
| Deposit | $ 250,000 | ||
| Deposit assets remaining deferred | $ 400,000 | ||
| Project Management Services Agreement [Member] | Bridgelink [Member] | |||
| Number of gigawatt | GW | 2.425 | ||
| Emergen Energy LLC [Member] | |||
| Project capacity | GW | 12 | ||
| Development fee percentage | 62.50% | ||
| Development fee retained percentage | 37.50% | ||
| Emergen Energy LLC [Member] | Greenfield Projects [Member] | |||
| Project capacity | GW | 2.425 | ||
| Consideration on sale of asset | $ 19,400,000 | ||
| Deposits | $ 900,000 | $ 400,000 | |
| Milestone payments | 18,500,000 | ||
| Milestone payments upon securing land rights | 5,000 | ||
| Milestone payments upon securing land rights | $ 3,000 | ||
| Payments for deposits | $ 600,000 |