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7.2 MW Jordan Rd, Gainesville Solar Project in Development by SolarBank in New York
SUUNSolarBank Corp(SUUN) Prnewswire·2025-03-13 12:00

Core Points - SolarBank Corporation plans to develop a 7.2 MW DC ground-mount solar power project in Gainesville, New York, which is expected to power approximately 850 homes [1][3] - The project is part of SolarBank's expanding development pipeline, which exceeds one gigawatt, and reflects the company's commitment to community solar initiatives [1][6] - The project will be eligible for incentives under the NYSERDA NY-Sun Program, contingent upon successful completion of the interconnection study and permitting process [2][3] Company Overview - SolarBank Corporation is an independent renewable energy project developer focusing on distributed and community solar projects in Canada and the USA [6] - The company has developed renewable energy projects with a combined capacity of over 100 megawatts and has a potential development pipeline exceeding one gigawatt [6] - SolarBank's business model includes partnerships with Solar Simplified, which manages customer-facing activities, ensuring full project subscription and maximizing revenue from the outset [4][6]