Greenwave Technology Solutions, Inc. announced it received notification from Dominion Energy that its second automotive shredder is scheduled to be connected to the power grid no later than April 9, 2024 and will commence operations shortly thereafter. The Company's second automotive shredder is expected to double Greenwave's ferrous metal processing capacity. Greenwave's existing automotive shredder ?

an American Pulverizer 60x85 ? is the same make and model as its second one, providing the Company expertise in its operation and maintenance. By shredding the steel which currently sell unshredded, anticipate that will be able to generate approximately 30% more revenue with significant margins on that steel volume.

The company is on track to generate record revenues with a record volume of steel processed in 2024.