SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Advances 2.4 MW Community Solar Project in Nova Scotia

Austin, Texas, United States, June 16th, 2025, FinanceWire

Disseminated on behalf of SolarBank Corporation

SolarBank SUUN (Cboe CA: SUNN) GY announced progress on its 2.4 MW DC Sydney project in Nova Scotia, reinforcing its expansion in the Canadian community solar market. Valued at $4.57 million and developed in partnership with AI Renewable Flow-through Fund and Trimac Engineering, the project is expected to produce 2,730 MWh of clean energy annually—enough to power 221 homes and offset 1,900 tons of CO₂. Construction is slated for spring 2026, with SolarBank serving as developer and EPC contractor. The company anticipates near-term engineering revenues and long-term income from operations and maintenance contracts while supporting Nova Scotia’s goal of reaching 80% renewable energy by 2030.

To view the full press release, visit https://ibn.fm/Eeps4

About SolarBank Corporation

SolarBank Corporation is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA. The Company develops solar, Battery Energy Storage System (BESS) and EV Charging projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. The Company maximizes returns via a diverse portfolio of projects across multiple leading North America markets including projects with utilities, host off-takers, community solar, and virtual net metering projects. The Company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built.

For more information, visit the company’s website at SolarBankCorp.com. This report contains forward-looking information. Please refer to https://ibn.fm/G76GJ for additional details.

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The latest news and updates relating to SUUN are available in the company’s newsroom at https://ibn.fm/SUUN

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