NewsRoom Articles - ESGWireNews

WednesdayJun 11, 2025 11:15 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) to Use Net Cash from Geddes Solar Power Project for Bitcoin Purchases

The company’s 3.79 MW Geddes facility is expected to begin generating revenue in June 2025. The initiative marks one of the first integrations of renewable energy and Bitcoin treasury management. Management will determine Bitcoin allocation based on market conditions and operational cash flow. The Geddes site, built on a closed landfill, reflects SolarBank’s dual focus on clean energy and land repurposing. This move could be extended to other solar and battery energy storage projects across the company’s 1+ GW pipeline. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of…

TuesdayJun 10, 2025 10:30 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Moves to Integrate Bitcoin as Strategic Reserve Asset

The company has filed to open an account with Coinbase Prime to manage custody and transactions securely. This move follows similar strategies from MicroStrategy and SharpLink Gaming, blending clean energy with digital asset exposure. Bitcoin holdings are intended to hedge against inflation and diversify SolarBank’s treasury operations. The company maintains a core focus on solar and battery energy storage. Management has not yet purchased Bitcoin; allocations will depend on market conditions and corporate liquidity needs. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects,…

TuesdayJun 03, 2025 11:15 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) to Develop 6.9 MW Community Solar Project in Nova Scotia

SolarBank has announced it will develop a 6.9 MW Brooklyn solar project, located in Nova Scotia and expected to power approximately 900 homes, under Canada’s first Community Solar Program. The initiative supports Nova Scotia’s target of 80% renewable energy by 2030 and net-zero emissions by 2035. AI Renewable Fund owns the project; SolarBank serves as developer and builder. Construction is scheduled to begin in Spring 2026 and complete by Summer 2026, with total development cost estimated at $13.9 million. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable…

TuesdayMay 27, 2025 9:45 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Reports 395% Asset Growth in Current Fiscal Year, Focuses on Long-Term Recurring Revenue Strategy

Total assets rose to $194 million as of March 31, 2025, as compared to the end of the last fiscal year, following a key acquisition. Revenue from the company’s independent power producer segment grew from $0.3 million to $6.6 million. This reflects the company’s focus on long-term income-generating assets, versus short-term engineering, procurement, and construction/project sales. During the third quarter, SolarBank executed several operational milestones that align with this longer-term focus. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and…

TuesdayMay 20, 2025 11:45 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) CEO Discusses Business Model, Competitive Advantage During GotStocks Podcast

CEO Dr. Richard Lu discussed SolarBank’s vertically integrated business model on a recent GotStocks podcast. SolarBank is an expanding developer, builder, operator, and owner of clean energy projects across North America, maintaining a $184 million portfolio of assets generating recurring revenue. The company’s flexible supply chain strategy helps mitigate any tariff risks while reducing costs. Going forward, a recently announced up to $100 million transaction with CIM Group is set to fund up to 97 MW of U.S. community solar projects. Disseminated on behalf of SolarBank Corporation Dr. Richard Lu, CEO of SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer…

MondayMay 12, 2025 9:45 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Announces $100 Million Project Financing from CIM Group for U.S. Solar Expansion

SolarBank and CIM Group have announced a US$100 million financing deal for a portfolio of U.S. solar energy projects totaling 97 MW. The deal is structured as a preferred equity investment at the project level, preserving SolarBank’s share capital, with CIM receiving a 3% annual coupon and retaining full ownership of transferred investment tax credits. SolarBank expects to maintain majority ownership of the 21-project portfolio post-financing, supporting SolarBank’s shift toward becoming a long-term solar asset owner in the U.S. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable…

MondayMay 12, 2025 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Is ‘One to Watch’

Ucore currently owns an REE mining project and an advanced separation technology. Commercial demonstration of the company’s RapidSX(TM) technology is at the commissioning stage. Ucore plans several modern REE refineries in North America, with the first SMC slated to begin construction in Louisiana in 2023. This planned REE separation and rare earth oxide production plant is scheduled to process 2,000 tons of total rare earth oxides by the end of 2024, increasing to 5,000 tons in 2026. Through its strategic partnerships with Kingston Process Metallurgy Inc., Mech-Chem Associates Inc. and other supporting contractors and vendors, Ucore is developing a North…

ThursdayMay 08, 2025 9:45 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Advances 7.2 MW Glor Rd Community Solar Project in Upstate New York

SolarBank plans to develop a 7.2 MW DC ground-mount solar project in upstate New York, part of a growing pipeline of SolarBank developments in the area. The project will operate under a community solar model, with customer acquisition managed by Solar Simplified, and is expected to power approximately 850 homes. In addition, the new development will participate in New York’s VDER rate program and may qualify for NYSERDA incentives. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar…

FridayMay 02, 2025 9:00 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Expands Portfolio with Additional Solar Project in Upstate New York

SolarBank is developing a 4.584 MW DC ground-mount solar project in upstate New York, projected to power 540 homes. The Forest Hill Rd project will operate under New York’s community solar framework and benefit from VDER compensation and NYSERDA incentives. Solar Simplified will handle subscriber management, allowing SolarBank to focus on development and expansion. The company is not presently importing solar panels from the four countries impacted by the April 21, 2025, U.S. Department of Commerce Tariff announcement. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and…

ThursdayApr 24, 2025 11:15 am

Zacks Initiates Coverage on SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2)

Despite policy uncertainty, demand for scalable solar and storage solutions in North America remains strong, especially in commercial and community sectors, the Zacks report says. The company has a development pipeline exceeding 1 GW and is aiming to triple its owned capacity in the next two years. SolarBank is expanding from solar EPC services into independent power production (“IPP”) and battery energy storage systems (“BESS”). Disseminated on behalf of SolarBank Corporation Zacks Small-Cap Research has launched coverage of SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and…

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