SolarBank Corporation - Common Stock (SUUN)

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., is positioning itself to navigate and benefit from rapidly evolving policy developments in both the United States and Canada. As lawmakers on both sides of the border adjust clean energy timelines, incentives, and infrastructure priorities, the solar and battery storage developer is adapting its strategy to maintain momentum and secure investor value ( https://ibn.fm/KhbAn ).

Chinese electric vehicle giant BYD is set to begin assembling battery electric vehicles (BEVs) in Brazil this year. The Shenzhen, China-based automaker first entered the Brazilian market in 2021 and sold more than 100,000 electric cars before the Brazilian government reintroduced import tariffs on BEVs, hybrid electric vehicles (HEVs), and plug-in hybrid electric vehicles (PHEVs). With their introduction, BYD risked losing access to its largest foreign market as the import duties would make it increasingly harder for the automaker to sell its affordable electric cars at low prices in Brazil.

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 it has successfully completed the Coordinated Electric System Interconnection Review (“CESIR”) for its 7.2-megawatt Hoadley Hill Road solar project in upstate New York. The regulatory clearance marks a critical milestone in advancing the project toward construction ( https://ibn.fm/9Oe8o ).

SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a North American solar and battery storage developer, announced strategic readiness to capitalize on clean energy incentives in both the U.S. and Canada. In response to the new “Big Beautiful Bill” federal legislation, which extends investment tax credits for projects started by July 4, 2026, SolarBank plans to accelerate construction on a 97 MW U.S. portfolio backed by $100 million in project financing from CIM Group. The company is advancing projects in key U.S. states with favorable permitting and interconnection progress to qualify under the new timeline. Simultaneously, SolarBank continues expanding in Canada, deploying storage under Ontario’s IESO framework and leading in Nova Scotia’s Community Solar program. CEO Dr. Richard Lu cited continued growth in U.S. solar capacity and Canada’s infrastructure drive as catalysts for long-term shareholder value.

Adopting renewable energy could help nations fortify their energy grids from disruptions and improve their reliability . While fossil fuels such as coal and oil can generate energy on demand regardless of time or weather conditions, their supply is regularly affected by geopolitics. This often leads to high energy costs in the U.S. whenever fossil fuel-producing countries experience any major upheaval.

SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) announced that its 7.2 MW Hoadley Hill Road ground-mount solar project in upstate New York has cleared the Coordinated Electric System Interconnection Review (CESIR), a major regulatory milestone. The project, which will power approximately 850 homes through New York’s grid, is backed by the state’s VDER compensation mechanism and may qualify for up to US$0.395/W DC in NYSERDA NY-Sun incentives. Structured as a community solar project, it offers residents and businesses bill credits without on-site installations. With over 100 MW built and a pipeline exceeding 1 GW, SolarBank is accelerating permitting and financing to move into construction, supporting New York’s goal of 6 GW installed solar by 2025.

SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) announced that its 7.2 MW Hoadley Hill Road ground-mount solar project in upstate New York has cleared the Coordinated Electric System Interconnection Review (CESIR), a major regulatory milestone. The project, which will power approximately 850 homes through New York’s grid, is backed by the state’s VDER compensation mechanism and may qualify for up to US$0.395/W DC in NYSERDA NY-Sun incentives. Structured as a community solar project, it offers residents and businesses bill credits without on-site installations. With over 100 MW built and a pipeline exceeding 1 GW, SolarBank is accelerating permitting and financing to move into construction, supporting New York’s goal of 6 GW installed solar by 2025.

Renewable energy is the key to significantly reducing the world’s reliance on fossil fuels, addressing runaway climate change, and arresting human-caused atmospheric heating. As countries continue to deploy wind, solar, hydropower, and other renewable energy sources, we will eventually stop relying on forms of energy that pollute the world. Here are some of the unspoken benefits of transitioning to renewables.

Xiaomi, the Chinese tech giant that recently made its foray into manufacturing battery electric vehicles (BEVs), received nearly 300,000 pre-orders just an hour after launching a new EV. Dubbed the YU7, Xiaomi’s 5-seater electric car is its second mass-market electric car and will cost $54,000 (253,500 yuan), almost 4% cheaper than the best-selling Tesla Model Y.

A report launched at the recent London Climate Action Week is calling for an accelerated deployment of stationary energy storage systems . Titled “Navigating the investment case for co-located long-duration energy storage: Delivering 3x Renewables by 2030,” the brief noted that scaling up LDES technologies is critical to fully unlocking the potential of renewables such as wind and solar energy.

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., continues its focus on the rapidly growing data center sector, highlighting its plan to serve as a developer, owner, and partner in one of the world’s fastest-expanding infrastructure markets. This focus comes as the global data center industry is forecast to reach $395 billion by 2030, fueled by explosive demand for cloud computing, big data, and artificial intelligence technologies ( https://ibn.fm/8SI6a ).

Recently published analysis of China’s new energy capacity installation data has revealed that the East Asian nation broke wind and solar installation records in May. According to analysis by Asia Society Policy Institute fellow Lauri Myllyvirta, China installed a record 198 gigawatts (GW) of solar capacity and 46 GW of wind capacity in May 2025, enough to match Turkey’s or India’s power generation. The data highlights China’s commitment to moving away from fossil fuels toward renewable alternatives and reducing its environmental impact.

As volatility in the global energy sector forces countries to pay higher and higher prices for oil, natural gas, and other fossil fuels, pivoting to renewables could help nations fortify themselves against price and supply chain instability and ensure energy security.

A new research project is helping shape the future of clean energy at sea. The North Sea Two (NS2) project recently shared results from large-scale testing of floating offshore solar panels. These tests were done by four key partners, Oceans of Energy, Deltares, TNO, and DNV, inside the Deltares Delta Flume, a special facility built to simulate strong ocean waves like those in the North Sea.

BloombergNEF has predicted that the global market for electric vehicles (EVs) will grow by 25% in 2025 but forecasts slower short- and long-term growth in the American market. The market research provider recently published its EV sales forecast for the year and revealed relatively optimistic projections for electric vehicle sales.

A statement from the European Commission has revealed that the fraction of energy generated from renewable sources in the European Union registered a slight year-on-year drop from Q1 2024 to Q1 2025. According to the commission, green energy contributed to 42.5% of the EU’s energy mix in the first quarter of 2025, a 4.3 percentage point drop compared to Q1 2024. Interestingly, the reduction in wind and hydro energy production was offset by a 14.1 terawatt-hour (TWh) increase in solar energy production.

Solar energy is swiftly becoming one of the largest sources of clean energy in the world. With solar infrastructure prices falling by more than 99% over the past couple of decades, the cost of deploying photovoltaic solar panels is the lowest it has ever been. With solar energy playing an increasingly dominant role in global energy generation, here are some key facts you should know about solar:

A recent Allied Market Research report projects that the global market for clean energy will be worth a whopping $2.5 trillion by 2033. Titled ‘Renewable Energy Market Size, Share and Trend Analysis Report: Global Opportunity Analysis and Industry Forecast 2024–2033,’ the report estimates that the renewable energy market will expand at a compound annual growth rate (CAGR) of 8.5% between 2024 and 2033, growing from a $1.1 trillion valuation in 2023 to $2.5 trillion a decade later.

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., announced this month it will begin holding bitcoin as part of its treasury reserves. The strategy marks SolarBank as one of the early adopters of what is becoming an increasingly common approach among publicly traded firms looking to diversify assets and attract new investors.

California is moving quickly to build one of the biggest clean energy projects ever. The state’s Energy Commission has given the green light to the Darden Clean Energy Project, which will be the largest battery energy storage system in the world. It’s also the first project to get fast-track approval through a new state program called the Opt-In Certification Program created to help California switch fully to clean energy by 2045.

SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) 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.

SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) was featured in a recent article that discussed its momentum with the development of its Forest Hill Rd solar project in upstate New York. “The 4.584 megawatt DC installation will operate as a community solar facility, contributing renewable energy to the local grid and offering cost savings to approximately 540 homes,” reads the article. “The project adds to SolarBank’s growing development pipeline, which now exceeds one gigawatt and already includes several solar projects in upstate New York. It also represents continued expansion in the U.S. market at a time when solar developers are facing rising supply chain costs linked to global trade policy changes.”

An abundance of sunshine has left Greece dealing with an oversupply of solar energy . Last year, the southeastern European nation drew 23% of its renewable energy capacity from solar, and some experts say the country’s solar energy capacity is growing too fast. With the Greek government planning to achieve 82% renewable energy by the end of the decade, investing in renewables like solar and wind will be key to the country meeting its carbon emission goals.

Norway’s world-leading efforts to transition from petrol and diesel-powered cars to battery electric vehicles (BEVs) could serve as a lesson to the U.S . While electric vehicles made up just 10% of total vehicle sales in the U.S. last year, data from the Norwegian Road Federation shows that nearly 90% of 2024 vehicle sales in Norway were electric. The Scandinavian country has made significant strides in adopting electric cars and is much closer to achieving its electrification targets than the U.S.

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., is moving forward with its plan to integrate Bitcoin into its treasury operations by directing net revenue from its soon-to-be-operational Geddes Solar Power Project toward the digital asset. This step marks the company’s first allocation of cash flow to Bitcoin since revealing its treasury strategy earlier in June 2025 ( https://ibn.fm/u9bqQ ).