NetworkNewsBreaks – SolarBank Corp. (NASDAQ: SUU
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Disseminated on behalf of SolarBank Corporation
SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) announced progress on its 2.9 MW DC Silver Springs solar project in Gainesville, N.Y., with the successful completion of a Coordinated Electric System Interconnection Review. This milestone allows the company to move forward with site permitting, with the project expected to qualify for incentives under the NYSERDA NY-Sun Program. CEO Dr. Richard Lu emphasized SolarBank’s commitment to U.S.-based clean energy development, noting that recent tariffs on Canada, Mexico, and China are not expected to impact operations. Once completed, the Silver Springs project will operate as a community solar initiative, enabling local residents to access clean energy savings without requiring home installations.
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