- The Jordan Rd, Gainesville project will have a capacity of 7.2 MW DC, while the Glen Rd project will have a capacity of 4.3 MW DC.
- The projects are expected to provide electricity to approximately 1,350 homes.
- Both projects will operate under New York’s community solar model, allowing residents to benefit from solar energy without installing panels.
- Solar Simplified will manage customer-facing operations, ensuring smooth implementation and subscription management.
- These projects further enhance the company’s development pipeline that exceeds one gigawatt.
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., is expanding its renewable energy footprint with the development of two new solar power projects in upstate New York. The company announced plans to build a 7.2 MW DC ground-mount solar project in Gainesville, known as the Jordan Rd project (https://ibn.fm/dfntr), and a 4.3 MW DC ground-mount solar project on Glen Rd (https://ibn.fm/pu0xN). Combined, these projects are expected to generate enough electricity to power approximately 1,350 homes.
Both projects are moving forward with secured site leases and ongoing interconnection studies. If the studies are successful, SolarBank will proceed with permitting and securing financing for construction. The projects are also expected to qualify for incentives under 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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