Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Solarbank Corp. ( (TSE:SUNN) ) is now available.
PowerBank Corporation has announced a progress update on three community solar projects in Nova Scotia, which are expected to power the equivalent of 1,140 homes annually and contribute significantly to the province’s renewable energy goals. These projects, located in Sydney, Brooklyn, and West Petpeswick, are set to provide approximately 14,369 MWh of clean energy annually, reducing CO2 emissions and supporting local economic growth. With interconnection results expected soon, construction could begin in Spring 2026, positioning PowerBank to leverage its expertise in the growing Canadian community solar market.
The most recent analyst rating on (TSE:SUNN) stock is a Buy with a C$4.00 price target. To see the full list of analyst forecasts on Solarbank Corp. stock, see the TSE:SUNN Stock Forecast page.
More about Solarbank Corp.
PowerBank Corporation is an independent renewable and clean energy project developer and owner, focusing on distributed and community solar projects in Canada and the USA. The company develops solar and Battery Energy Storage System (BESS) projects that sell electricity to utilities, commercial, industrial, municipal, and residential off-takers. PowerBank maximizes returns through a diverse portfolio of projects across multiple leading North American markets, including utilities, host off-takers, community solar, and virtual net metering projects. The company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built.
Average Trading Volume: 5,496
Technical Sentiment Signal: Buy
Current Market Cap: C$261.2M
Find detailed analytics on SUNN stock on TipRanks’ Stock Analysis page.