Disseminated on behalf of SolarBank Corporation

Solar Project Set to Transform Skaneateles, New York

SolarBank Corporation (NASDAQ: SUUN) is taking another step toward making clean energy more accessible.

The company is working on two community solar projects in Skaneateles, New York that will generate 14.4 MW of clean energy, enough to power over 2,100 homes. That means less reliance on fossil fuels and more clean, renewable electricity flowing into the grid.

The Projects have achieved a development milestone in receiving positive interconnection results allowing them to connect to the electrical grid. That’s a huge green light, meaning these projects are moving ahead with the next step-securing permits, which is already in progress.

They’re also eligible for financial incentives under New York’s NY-Sun Program, making them even more viable.

SolarBank (NASDAQ: SUUN) is turning old industrial land into something useful – community solar farms. These projects just passed a major hurdle – they got the thumbs-up to connect to the power grid, which means they’re moving full speed ahead.

Now, they just need to finish up the permits and finalize financing before construction can start.

What’s the Big Deal?

Once built, these solar projects will work like a shared energy system.

Instead of every home needing its own rooftop solar panels, these will be community solar projects.

That means residents can subscribe and get credits on their electricity bill just for using solar power. No installation, no hassle, just cheaper, cleaner energy for anyone who signs up.

And with an expected impact on over 2,100 homes, that’s a lot of people benefiting from lower energy costs and a greener future.

Before construction can start, SolarBank (NASDAQ: SUUN) needs to secure contracts, finalize all necessary permits, and lock in third-party financing. After that, the real work begins.

But with the company’s track record and the growing demand for renewable energy, there’s plenty of reason to be optimistic.

Once built, these solar farms will start feeding electricity into the grid, helping homes in Skaneateles cut costs and go green at the same time.

This is the future of energy and SolarBank (NASDAQ: SUUN) is about to be a big part of it.

Meet SolarBank (NASDAQ: SUUN): Pioneering Clean Energy for the Future

SolarBank Corporation is a major player in renewable energy, specializing in community and distributed solar projects across the U.S. and Canada.

They also develop battery storage systems and EV charging projects, working with utilities, businesses, and homeowners to create a cleaner energy future. With over 100 MW of completed projects and more than one gigawatt in the pipeline, SolarBank (NASDAQ: SUUN) is helping shape the next era of power.

The company’s track record, market demand, and over 1 GW of development in progress make it an entity to watch in the clean energy investment space.

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