Solarbank Corp. (TSE:SUNN) has released an update.
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SolarBank Corp. is set to develop a 3.7 MW solar power project in Seneca County, New York, which will contribute to its goal of community solar expansion and is projected to power over 430 homes. The project is currently in the interconnection study phase and, if successful, will proceed with permitting and financing, with the potential to benefit from NYSERDA’s NY-Sun Program incentives.
For further insights into TSE:SUNN stock, check out TipRanks’ Stock Analysis page.