- SolarBank plans to develop a 7.2 MW DC ground-mount solar project in upstate New York, part of a growing pipeline of SolarBank developments in the area.
- The project will operate under a community solar model, with customer acquisition managed by Solar Simplified, and is expected to power approximately 850 homes.
- In addition, the new development will participate in New York’s VDER rate program and may qualify for NYSERDA incentives.
Disseminated on behalf of SolarBank Corporation
SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the U.S., announced the development of a new 7.2 megawatt DC ground-mount solar project in upstate New York. The Glor Rd project, as it is known, adds to a string of solar installations that the company is developing across the region (https://ibn.fm/Z98Pf).
The project will operate under New York’s community solar framework, which allows residents and renters to subscribe to clean energy without installing solar panels on their own properties. Once online, the…
NOTE TO INVESTORS: The latest news and updates relating to SUUN are available in the company’s newsroom at https://ibn.fm/SUUN
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