Solarbank Corp. (TSE:SUNN) has released an update.
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SolarBank Corp. has secured a $25.8 million project finance facility from the Royal Bank of Canada to develop two battery energy storage systems in Ontario, marking its entry into the growing energy storage market. The projects benefit from favorable contracts and government incentives, enhancing their economic viability and aligning with SolarBank’s renewable energy goals.
For further insights into TSE:SUNN stock, check out TipRanks’ Stock Analysis page.
