SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Developing New 7.2 MW Solar Power Project in Upstate New York
The Hoadley Hill Rd project will operate as a community solar installation, feeding clean energy into the local grid, and is expected to power approximately 850 homes. Solar Simplified will manage customer acquisition and billing for the community solar effort, and the project may qualify for incentives under New York’s NYSERDA NY-Sun Program. To support continued growth, SolarBank has announced up to $19 million USD in equity financing from a single institutional investor. 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…