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This article was published by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community.
LOS ANGELES - January 13, 2025 (NEWMEDIAWIRE) - SolarBank (NASDAQ: SUUN) (CSE: SUNN) is a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the United States. The company is committed to advancing the transition to sustainable energy by offering end-to-end services that include project origination, financing structuring, engineering, procurement, construction, and long-term operations and maintenance. SolarBank focuses on delivering innovative energy solutions through solar photovoltaic systems, battery energy storage systems ("BESS"), and electric vehicle ("EV") charging infrastructure.
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SolarBank has a development pipeline exceeding 1 GW, with over 100 MW of renewable energy projects completed.
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The company operates a vertically integrated business model, ensuring cost efficiency and maximizing profitability across the project lifecycle.
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SolarBank recently secured a $25.8 million project finance facility for two BESS projects, demonstrating robust financial backing.
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Announced expansion into the rapidly growing data center market positions the company to tap into an industry that's forecast to reach a value of $395 billion by 2030.
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Leadership with over 100 years of combined experience ensures strong operational expertise and strategic vision.
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SolarBank's diverse portfolio spans solar PV, BESS and EV charging projects, reducing exposure to market volatility.
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Strong partnerships with corporate clients and municipalities support long-term revenue generation and scalability.
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SolarBank is covered by H.C. Wainwright & Co. and Research Capital Corporation.
With a vision to provide scalable and reliable clean energy solutions, SolarBank has established itself as a leader in the renewable energy market by cultivating partnerships with utilities, commercial and industrial entities, municipalities, and residential customers. Its vertically integrated business model allows for
Forward-Looking Statements
Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law.