SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) is strategically navigating the changing North American energy policy landscape, with a keen focus on renewable and clean energy projects. This adaptation is timely, as the U.S. introduces the Big Beautiful Bill, requiring solar and battery energy storage projects to begin construction by July 4, 2026, to qualify for full investment tax credits. With a portfolio of advanced-stage U.S. projects and a $100 million financing agreement with CIM Group, SolarBank is well-equipped to meet these new requirements.
In the U.S., the company is focusing on the construction of a 97 MW portfolio across states where significant progress in interconnection and permitting has been achieved. In Canada, SolarBank is utilizing long-term IESO contracts to install battery systems in Ontario and is expanding its involvement in Nova Scotia’s Community Solar program. These efforts are in line with Canada’s 'Build, baby, build' initiative under Prime Minister Mark Carney, which supports developers with ready-to-implement projects.
By adjusting its development and financing timelines to match the shifting incentives in both the U.S. and Canada, SolarBank is not only ensuring policy compliance but also enhancing investor value in the fast-paced renewable energy market. For further details on SolarBank's projects, visit https://ibn.fm/KhbAn.
