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SolarBank Provides Update on 7.2 MW North Main Project in Wyoming County, New York
SUUNSolarBank Corp(SUUN) Prnewswire·2025-03-04 13:00

Core Viewpoint - SolarBank Corporation is advancing its 7.2 MW DC community solar project in Wyoming County, New York, which is expected to power approximately 850 homes and is progressing towards permitting after completing the Coordinated Electric System Interconnection Review [1][2][3]. Project Development - The project will commence construction following the acquisition of necessary permits and financing, and it aims to operate under the NYSERDA NY-Sun Program for incentives [2][3]. - The clean energy generated will be integrated into the local electricity grid, allowing community members to earn credits on their electric bills without needing to install solar panels on their properties [3]. Strategic Focus - SolarBank's emphasis on community solar aligns with its objective to provide clean and affordable energy to thousands of homes [3]. - The partnership with Solar Simplified enhances customer engagement and project management, ensuring full subscription and revenue maximization from the outset [4]. Company Overview - SolarBank Corporation specializes in developing and owning renewable energy projects, particularly in distributed and community solar sectors across Canada and the USA [6]. - The company has a development pipeline exceeding one gigawatt and has successfully built renewable energy projects with a total capacity of over 100 megawatts [6].