Disseminated on behalf of SolarBank Corporation
SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) announced plans to develop the Glor Rd project, a 7.2 MW DC ground-mount solar installation in upstate New York. With a secured site lease and an interconnection study underway, the project will operate under New York’s VDER rate mechanism and is expected to qualify for NYSERDA NY-Sun Program incentives. Once completed, the project will provide community solar benefits to local residents, offering clean energy access without the need for personal panel installations. Solar Simplified will manage customer-facing activities to support full subscription and maximize revenue.
To view the full press release, visit https://ibn.fm/2pHI4
About SolarBank Corporation
SolarBank Corporation is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA . The Company develops solar, Battery Energy Storage System (BESS) and EV Charging projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. The Company maximizes returns via a diverse portfolio of projects across multiple leading North America markets including projects with utilities, host off-takers, community solar, and virtual net metering projects. The Company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built.
For more information, visit the company’s website at SolarBankCorp.com. This report contains forward-looking information. Please refer to https://ibn.fm/G76GJ for additional details.
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The latest news and updates relating to SUUN are available in the company’s newsroom at https://ibn.fm/SUUN
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