630 Homes Expected to be Powered by this Community Solar Project TORONTO , March 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 a 5.4 MW DC ground-mount solar power project known as the Boyle Rd project (the "Project") on a site located in upstate New York. The Project has achieved a development milestone in receiving positive interconnection results via a completed Coordinated Electric System Interconnection Review (CESIR).
340 Homes Expected to be Powered by this Community Solar Project TORONTO , March 6, 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 a 2.9 MW DC ground-mount solar power project known as the Silver Springs project (the "Project") on a site located in Gainesville, New York. The Project has achieved a development milestone in receiving positive interconnection results via a completed Coordinated Electric System Interconnection Review (CESIR).
Gross margins improved to 29.2% led by a growing independent power producer ("IPP") revenue base. 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 , Feb. 10, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") announces that it intends to release its quarterly financial results for the second quarter ended December 31, 2024 after close of the Nasdaq market on Friday, February 14, 2025 and will be hosting a webinar to provide a business update and discuss the quarterly results on February 18, 2025 following the Nasdaq market holiday on February 17, 2025. You are invited to a webinar When: February 18, 2025 04:30 PM Eastern Time (US and Canada) Topic: SolarBank Corporation – Quarterly Earnings Release & Management Update Register in advance for this webinar: https://events.teams.microsoft.com/event/76089cb8-6aa9-4c0c-91ad-4c410064ddde@f90ea049-87a1-4082-95af-7e4e24c02cb4 After registering, you will receive a confirmation email containing information about joining the webinar.
$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.
$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 Facility Nasdaq Global Market and Cboe Canada Listings TORONTO , 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.
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.
Transaction is for the sale and subsequent construction of four solar projects in New York State. The projects will utilize Qcells modules manufactured in the USA.
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 , 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").