Solarbank Corp. (TSE:SUNN) has released an update.
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SolarBank Corp. is advancing a 6.41 MW community solar power project in Bloomfield, New York, capable of supplying over 800 homes with green energy. Securing site lease and interconnection approval, the company is now focusing on permitting and financing to bring the project to fruition. Subscribers to the community solar project will benefit from energy credits on their electric bills, supporting the shift towards renewable energy without the need for personal installations.
For further insights into TSE:SUNN stock, check out TipRanks’ Stock Analysis page.