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SolarBank Partners with Viridi on Combined 3.06 MW Solar and 1.2 MWH Battery Energy Storage Project Located in Buffalo, New York
Prnewswire· 2025-02-20 20:00
Project will utilize Viridi's innovative lithium-ion battery packs with integrated fire suppression systems that meet stringent safety requirements TORONTO, Feb. 20, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce that it is partnering with Viridi, the industry leader in fail-safe battery energy storage systems (BESS), on the development of a combined 3.06 MW DC ground-mount solar power project and related 1.2 MWH batt ...
SolarBank Announces Second Quarter Results
Prnewswire· 2025-02-18 20:00
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. 18, 2025 /PRNewswire/ - SolarBank Corporation (Nasdaq: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") reports its fiscal second quarter and fiscal 2025 interim financial results. All financial ...
SolarBank Corp(SUUN) - 2025 Q2 - Quarterly Report
2025-02-15 06:01
Exhibit 99.2 SOLARBANK CORPORATION Condensed Consolidated Interim Financial Statements (Expressed in Canadian Dollars) (Unaudited) For the three and six months ended December 31, 2024 and 2023 SOLARBANK CORPORATION Condensed Consolidated Interim Statements of Financial Position (Expressed in Canadian dollars) (Unaudited) | | Notes | | December 31, 2024 | | June 30, 2024 | | --- | --- | --- | --- | --- | --- | | Assets | | | | | | | Current assets: | | | | | | | Cash | | $ | 13,762,703 | $ | 5,270,405 | | Sh ...
SolarBank Provides Update on 14.4 MW Projects in Skaneateles, New York
Prnewswire· 2025-02-11 20:00
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 ...
SolarBank Announces Commencement of Construction of First Battery Energy Storage Project (BESS) in Ontario
Prnewswire· 2025-02-04 20:00
文章核心观点 公司宣布安大略省首个电池储能系统项目预计2月10日当周开工,介绍项目融资、建设、市场前景、合同收益、税收优惠等情况,还提及公司业务及发展潜力 [1][3][4] 项目概况 - 项目名为SFF - 06,位于安大略省克拉马赫,是公司首次涉足电池储能市场的项目 [1][3] - 项目由1000234763 Ontario Inc.(ProjectCo)拥有,公司间接持有ProjectCo 50%权益,其余50%由安大略省原住民社区组成的合伙企业持有 [3][6] 项目融资 - 项目通过与另一项目(903)的组合贷款融资,贷款本金2580万美元,由加拿大皇家银行提供 [1] 项目建设 - 公司选定Anvil Crawler Development Corp.进行项目的土木和电气工作,合同价值预计185万美元 [2] 市场前景 - 据Fortune Business Insights预测,2022 - 2029年电池储能市场复合年增长率为16.3%,到2029年将达312亿美元 [3] 项目合同 - 2023年7月,项目获独立电力系统运营商(IESO)22年期合同,固定合同容量付款为1221美元/兆瓦/工作日,高于E - LT1 RFP所有储能类项目加权平均价格876美元/兆瓦 [4] - 项目运营后,预计每年251个工作日有4.74兆瓦的日合同容量可用,容量付款为1221美元/兆瓦/工作日 [4] 税收优惠 - 项目符合2024年推出的清洁技术投资税收抵免条件,可获得高达30%的合格资本成本报销 [5] 公司业务 - 公司是独立可再生和清洁能源项目开发商及所有者,专注于加拿大和美国的分布式和社区太阳能项目,开发太阳能、电池储能系统和电动汽车充电项目 [8] - 公司潜在开发项目管道超1吉瓦,已开发可再生和清洁能源项目总容量超100兆瓦 [9]
SolarBank Announces 2024 Highlights
Prnewswire· 2025-01-29 21:30
$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 ...
SolarBank to Present at The Microcap Conference 2025
Prnewswire· 2025-01-21 21:00
文章核心观点 太阳能银行公司将参加2025年微型股会议,展示其可再生能源项目开发成果与发展战略 [1][3] 公司参会信息 - 太阳能银行公司将参加2025年1月28 - 30日在新泽西州大西洋城举行的微型股会议 [1] - 公司首席执行官理查德·陆博士将于2025年1月29日上午10点(美国东部标准时间)在演播室2进行公司介绍,并与机构和个人投资者进行一对一会议 [2] 公司业务情况 - 公司是独立的可再生和清洁能源项目开发商及所有者,专注于加拿大和美国的分布式和社区太阳能项目 [5] - 公司利用端到端可再生能源能力,开发、融资和管理100多个太阳能发电厂,以及超过1吉瓦的太阳能、电池储能和电动汽车充电项目管道 [3] - 公司开发太阳能、电池储能系统和电动汽车充电项目,向公用事业、商业、工业、市政和住宅买家出售电力 [5] 会议相关情况 - 微型股会议是美国最大的独立微型股活动,汇聚顶级投资者和微型股公司高管,为公司提供展示价值主张的平台 [4] - 2025年会议亮点包括知名行业人物进行炉边谈话、专家小组和演讲,以及喜剧演员特别表演 [7]
IBN Initiates Coverage of SolarBank Corporation
Newsfilter· 2025-01-15 21:30
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 ...
US$49.5 Million Transaction with Qcells Announced by SolarBank
Prnewswire· 2025-01-06 20:00
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.Nearly $2.8 billion is being invested by Qcells to boost U.S. domestic solar manufacturing and innovation to support and accelerate the U.S. clean energy transition.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 ...
$25.8 Million Royal Bank of Canada Project Finance Facility Secured by SolarBank
Prnewswire· 2024-12-16 20:00
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 ...