Solarbank Corp. (TSE:SUNN) has released an update.
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SolarBank Corp. has successfully secured a permit for a 3.25 MW solar project in Camillus, NY, which will contribute to its growing portfolio of independent power producer assets and is expected to provide green energy to 360 homes. Once operational, the community solar project will allow subscribers to earn credits on their electric bill, while the company is currently seeking necessary financing to commence construction.
For further insights into TSE:SUNN stock, check out TipRanks’ Stock Analysis page.