Curated News
By: NewsRamp Editorial Staff
April 23, 2025
SolarBank Corporation to Develop 4.584 MW Solar Project in Upstate New York
TLDR
- SolarBank (NASDAQ: SUUN) announced plans for a 4.584 MW DC ground-mount solar project, ensuring supply chain resilience and cost-competitive panel sourcing.
- SolarBank to develop 4.584 MW DC ground-mount solar project in upstate New York, securing site lease and conducting interconnection study for community solar initiative.
- SolarBank's solar project in New York aims to contribute to renewable energy sources, benefiting the environment and enhancing sustainability for future generations.
- SolarBank prioritizes supply chain resilience by sourcing panels from cost-competitive regions, ensuring operational efficiency despite U.S. tariff hikes on solar imports.
Impact - Why it Matters
This news matters as it highlights SolarBank Corporation's commitment to renewable energy development and its ability to navigate challenges like U.S. tariff hikes. The project will contribute to sustainable energy solutions and benefit from New York's incentives, showcasing the company's strategic approach to clean energy projects.
Summary
SolarBank Corporation announced plans to develop a 4.584 MW DC ground-mount solar project in upstate New York, known as the Forest Hill Rd project. The project will operate as a community solar initiative and is eligible for New York’s VDER rate mechanism and NYSERDA NY-Sun incentives. SolarBank emphasized its supply chain resilience by sourcing panels from cost-competitive regions.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, SolarBank Corporation to Develop 4.584 MW Solar Project in Upstate New York
