2,100 Homes Expected to be Powered by these Community Solar Projects TORONTO, Feb. 11, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce an update on the development of two projects located on industrial brownfield sites located in Skaneateles, New York which is in the Finger Lakes Retion of New York, in Onnodaga County. The Company intends to develop two ground-mount community solar projects across the this site with a ...

$25.8 Million Royal Bank of Canada Facility is being used to finance construction of the 4.99 MW BESS Project TORONTO, Feb. 4, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce that its first Battery Energy Storage System ("BESS") project located in Ontario is expected to commence construction during the week of February 10, 2025. The project is known as SFF-06 (the "Project") and is located in Cramahe, Ontario. The SFF- ...

$49.5 Million USD Transaction with Qcells$45 Million Valued Acquisition of Solar Flow-Through Funds Ltd.$25.8 Million Royal Bank of Canada Project Finance FacilityNasdaq Global Market and Cboe Canada ListingsTORONTO, Jan. 29, 2025 /PRNewswire/ - SolarBank Corporation (Nasdaq: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") today announces highlights and new milestones reached during the 2024 calendar year.  The company remains committed to pioneering the design, delivery, and management of s ...

TORONTO, Jan. 21, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company"), an independent renewable and clean energy project developer and owner, is pleased to announce its participation in The Microcap Conference 2025, the premier event for growth-focused companies and investors. The conference will take place January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, NJ. SolarBank's CEO, Dr. Richard Lu, will deliver a corporate prese ...

Disseminated on behalf of SolarBank Corporation AUSTIN, Texas, Jan. 15, 2025 (GLOBE NEWSWIRE) -- via IBN – SolarBank Corporation (NASDAQ:SUUN) (Cboe CA: SUNN), a premier developer and owner of renewable and clean energy projects specializing in distributed and community solar initiatives throughout Canada and the United States, has selected IBN, a multifaceted financial news and publishing company for private and public entities, to spearhead its corporate communications efforts. SolarBank is dedicated to a ...

Core Viewpoint - Qcells, a subsidiary of Hanwha Solutions, is acquiring four solar projects from SolarBank in New York, representing a total capacity of 25.577 MW, as part of a broader investment strategy to enhance U.S. solar manufacturing and support the clean energy transition [2][4][5]. Company Overview - SolarBank Corporation is an independent renewable energy project developer focusing on distributed and community solar projects in Canada and the USA, with a development pipeline exceeding one gigawatt and over 100 megawatts of projects built [9]. - Qcells is recognized as a leading clean energy company, known for high-performance solar cells and panels, with manufacturing facilities in the U.S., Malaysia, and South Korea [3][7]. Investment and Development Details - Qcells is investing nearly $2.8 billion to enhance U.S. domestic solar manufacturing, which includes the acquisition of the four solar projects from SolarBank valued at approximately $49.5 million [2][4][5]. - The projects will utilize Qcells modules manufactured in the USA and are expected to be eligible for incentives under the New York State Energy Research and Development Authority (NYSERDA) NY-Sun Program [2][5]. Project Characteristics - The four solar projects, named Gainesville, Hardie, Rice Road, and Hwy 28, have received positive interconnection results and will be developed as separate community solar projects [2][4]. - Community solar allows renters and homeowners to benefit from solar energy without installing panels on their properties, providing them with credits on their electric bills [5].

Funding will be used to develop and construct two battery energy storage projects acquired as part of the Solar Flow-Through Funds Ltd. acquisition. This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated May 23, 2024 to its short form base shelf prospectus dated May 2, 2023 TORONTO, Dec. 16, 2024 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce its subsidiary h ...

TORONTO, Dec. 13, 2024 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company"), an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA, reports that the nominees listed in the management information circular for the 2024 Annual General and Special Meeting of shareholders (the "Meeting") were elected as directors of SolarBank. Detailed results of the vote for the ele ...

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated May 23, 2024 to its short form base shelf prospectus dated May 2, 2023TORONTO, Nov. 27, 2024 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce its subsidiary has secured project financing in the form of a loan ("Loan") in a principal amount of $3 million from RE Royalties Ltd. (the "Lender"). The Projects (d ...

Over 540 Homes Expected to be Powered by this Community Solar Project TORONTO, Nov. 21, 2024 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce its plans to develop a 4.6 MW DC ground-mount solar power project known as the Stone Church project (the "Project") on a site located in Seneca County, New York. With a secured site lease and interconnection study underway, the Project is another key addition to SolarBank's expanding d ...