IBN Coverage: SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Begins Construction on First Battery Storage Project in Ontario [Yahoo! Finance]
PowerBank Corporation (SUUN)
Company Research
Source: Yahoo! Finance
LOS ANGELES, CA - February 21, 2025 ( NEWMEDIAWIRE Disseminated on behalf of SolarBank Corporation $25.8 million financing from the Royal Bank of Canada will be used for a 4.99 MW Ontario-based battery energy storage system consisting of two projects, SFF-06 and 903. The projects mark SolarBank's first foray into energy storage, a market expected to reach $31.2 billion USD by 2029. The project benefits from a 22-year contract with Ontario's electricity operator, ensuring stable revenue. SolarBank is leveraging government incentives, including a 30% Clean Technology Investment Tax Credit. Anvil Crawler Development Corp. was awarded a $1.85 million contract for civil and electrical work on the project. 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 initiatives throughout Canada and the U.S., has announced that construction began on its first battery e
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News
- PowerBank Advances 3.15 MW Project in New York, With Capacity to Power 393 HomesPR Newswire
- PowerBank Announces Results of Annual General Meeting [Yahoo! Finance]Yahoo! Finance
- PowerBank Announces Results of Annual General MeetingPR Newswire
- PowerBank Announces Launch of the First Satellite in the "Orbital Cloud" Project with Smartlink AI [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- PowerBank Announces Launch of the First Satellite in the "Orbital Cloud" Project with Smartlink AIPR Newswire
SUUN
Earnings
- 11/17/25 - Beat
SUUN
Sec Filings
- 12/16/25 - Form 6-K
- 12/12/25 - Form 6-K
- 12/11/25 - Form 6-K
- SUUN's page on the SEC website