Solarbank Corp. has emerged out of a clear market necessity for a wholesome, turnkey solutions provider in the clean and renewable energy industry. With an executive management team that has over 100 years of combined experience, coupled with a strongly defined financial vision, we have established ourselves as trusted developers, engineers, builder, asset operators, and managers in the clean and renewable energy space in Canada and the US.
With a focus on grid-connected solar photovoltaic electricity generation plants, our capabilities span the entire value chain from site origination, development, financing, EPC, O&M, and asset management. Our customers include commercial and industrial corporations, institutions, community solar subscribers, municipalities, and electric utilities.
We continue our success in solar photovoltaic system development, installation and operation providing critical support to progressive Environmental, Social and Governance focused companies in achieving their Net-Zero goals. Currently we are participating in the IESO’s first Long-Term Request for Proposals (E-LT1 RFP and LT1 RFP) for 4,000 MW of year-round effective electricity capacity from dispatchable new build resources like battery energy storage systems (BESS). In addition, we have also entered the electric vehicle charger market as a service provider.
Demand for clean energy sources has never been higher, and we expect that the global energy crisis will continue to act as an accelerant for the clean energy transition. Renewables such as solar and wind are readily available and, in many cases, are cheaper than coal and other fossil fuels. Solar and battery energy storage costs have plummeted 85% in the past decade.
In the U.S. we focus on commercial, industrial, community solar and utility scale solar opportunities. We are a full-service renewable energy developer with a development opportunity of over 250 MW of solar projects in New York and Maryland.
In Canada, we have a successful track record participating in the Ontario Independent Electricity System Operator (IESO) Feed-in-Tariff program under the Green Energy Act. We continue our success in solar photovoltaic system development, installation and operation providing critical support to progressive Environmental, Social and Governance focused Canadian companies in achieving their Net-Zero goals.
We are currently participating in the IESO’s first Long-Term Request for Proposals (E-LT1 RFP and LT1 RFP) for 4,000 MW of year-round effective electricity capacity from dispatchable new build resources such as battery energy storage systems (BESS). In addition, we have also entered the electric vehicle charger market as a service provider.
FN Media Group LLC (FNMG) owns and operates FinancialNewsMedia.com (FNM) which is a third party publisher that disseminates electronic information through multiple online media channels. FNMG’s intended purposes are to deliver market updates and news alerts issued from private and publicly trading companies as well as providing coverage and increased awareness for companies that issue press to the public via online newswires. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. Information in this release is derived from a variety of sources that may or may not include the referenced company’s publicly disseminated information. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. FNMG disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. This release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. This release is not without bias, and is considered a conflict of interest if compensation has been received by FNMG for its dissemination. To comply with Section 17(b) of the Securities Act of 1933, FNMG shall always disclose any compensation it has received, or expects to receive in the future, for the dissemination of the information found herein on behalf of one or more of the companies mentioned in this release. For current services performed FNMG has been compensated forty five hundred dollars for SolarBank Corporation current news coverage by a non-affiliated third party. FNMG HOLDS NO SHARES OF SolarBank Corporation
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.