NetworkNewsBreaks – SolarBank Corporation (NASDA
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Posted On: 07/10/2025 5:05:24 PM
NetworkNewsBreaks – SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Positions for Growth Under Shifting U.S. and Canadian Clean Energy Policies
Disseminated on behalf of SolarBank Corporation
SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a North American solar and battery storage developer, announced strategic readiness to capitalize on clean energy incentives in both the U.S. and Canada. In response to the new “Big Beautiful Bill” federal legislation, which extends investment tax credits for projects started by July 4, 2026, SolarBank plans to accelerate construction on a 97 MW U.S. portfolio backed by $100 million in project financing from CIM Group. The company is advancing projects in key U.S. states with favorable permitting and interconnection progress to qualify under the new timeline. Simultaneously, SolarBank continues expanding in Canada, deploying storage under Ontario’s IESO framework and leading in Nova Scotia’s Community Solar program. CEO Dr. Richard Lu cited continued growth in U.S. solar capacity and Canada’s infrastructure drive as catalysts for long-term shareholder value.
NOTE TO INVESTORS: The latest news and updates relating to SUUN are available in the company’s newsroom at https://nnw.fm/SUUN
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
Disseminated on behalf of SolarBank Corporation
SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a North American solar and battery storage developer, announced strategic readiness to capitalize on clean energy incentives in both the U.S. and Canada. In response to the new “Big Beautiful Bill” federal legislation, which extends investment tax credits for projects started by July 4, 2026, SolarBank plans to accelerate construction on a 97 MW U.S. portfolio backed by $100 million in project financing from CIM Group. The company is advancing projects in key U.S. states with favorable permitting and interconnection progress to qualify under the new timeline. Simultaneously, SolarBank continues expanding in Canada, deploying storage under Ontario’s IESO framework and leading in Nova Scotia’s Community Solar program. CEO Dr. Richard Lu cited continued growth in U.S. solar capacity and Canada’s infrastructure drive as catalysts for long-term shareholder value.
NOTE TO INVESTORS: The latest news and updates relating to SUUN are available in the company’s newsroom at https://nnw.fm/SUUN
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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