SolarBank Corporation - Common Stock (SUUN)

China’s Contemporary Amperex Technology Co., Limited (CATL) has launched a brand new lineup of sodium-ion batteries dubbed Naxtra as well as a second generation of its first charging Shenxing electric vehicle battery. According to CATL, the new lineup of Naxtra batteries will begin mass production in December.

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 community solar initiatives throughout Canada and the U.S. ( https://ibn.fm/lYkSZ ). The Zacks report highlights SolarBank’s growing role as an integrated energy firm with a strategy focused on building out its independent power production (“IPP”) capabilities and battery energy storage systems (“BESS”) to meet rising electricity demand in North America.

SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) announced it has refiled its audited consolidated financial statements for the year ended June 30, 2024, originally filed on Sept. 30, 2024. The update solely adds the report of its predecessor independent auditor, MSLL CPA LLP, immediately following the report of current auditor ZH CPA, LLC. The Ontario Securities Commission requested the refiling during a prospectus review. No other changes were made to the financial statements.

A renewable energy business group has revealed that the Trump administration’s policies have led to the cancellation of approximately $8 billions’ worth of green energy investments . President Donald Trump, who expressed strong anti-renewable energy sentiments in the lead-up to the November 2024 presidential election, has since moved to dismantle many clean energy policies implemented under the previous administration.

SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) announced plans to develop a 4.584 MW DC ground-mount solar project in upstate New York, known as the Forest Hill Rd project. The site lease is secured, and an interconnection study is in progress. Once completed, the project will operate as a community solar initiative and is eligible for New York’s VDER rate mechanism and NYSERDA NY-Sun incentives. SolarBank emphasized its supply chain resilience, noting that its operations are unaffected by the U.S. tariff hikes on Southeast Asian solar imports. The company continues sourcing panels from cost-competitive regions such as the Middle East and North America.

American tech giant Google has signed the first-ever geothermal energy agreement in Asia, a major milestone in the firm’s quest to incorporate green energy into its increasingly energy-intensive operations. The Mountain View, California-based company signed the corporate power purchase agreements (PPAs) with Baseload Capital, a global developer that specializes in delivering geothermal energy, to provide 10 MW of carbon-free energy to the Taiwanese electricity grid.

Drivers in Europe could afford battery electric vehicles (BEVs) if they had access to social leasing programs, some experts say. Prohibitively high prices have placed electric cars out of reach for most drivers in major vehicle markets, limiting EVs to affluent consumers with disposable income and hindering the broader transition to electric mobility.

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 reinforcing its role in powering the future through solar, battery storage, and EV charging projects. In recent interviews on InvestorBrandNetwork’s Bell2Bell and Electrek’s Quick Charge podcasts, CEO Richard Lu highlighted the company’s vertically integrated model, strategic partnerships—including a $50 million contract with Qcells and a new collaboration with Viridi—and its robust project pipeline exceeding 1 gigawatt of capacity. SolarBank is currently advancing major battery energy storage systems (“BESS”) and solar initiatives in Ontario and New York, supported by long-term contracts and millions in owned assets. With a focus on reliable, clean power delivery, Lu emphasized SolarBank’s commitment to sustainable growth, community impact, and advancing energy infrastructure.

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 taken a key step in advancing its expansion into the data center market by bringing on seasoned advisor Jonathan Martone. The company announced it has retained Martone and his firm, Martone Advisors LLC, to support strategic efforts in identifying and assessing opportunities for data center development in North America ( https://ibn.fm/mytyQ ).

A new RMI report has found that countries in the Global South are experiencing a surge in clean energy investment . In the past, many renewable energy experts cautioned against concentrating most of the world’s clean energy funding in developed nations of the Global North. However, new research now shows that the Global South’s renewable energy growth rate is twice the rate seen in the Global North.

A team of scientists from Linköping University in Sweden has developed a new kind of battery that is soft, stretchable, and made from natural materials. This new technology could completely change how we power future gadgets, especially wearable devices and flexible electronics.

Japanese researchers have developed a new type of solar panel that significantly outperforms existing photovoltaic technology. These ‘super’ solar panels can reportedly generate as much electricity as 20 nuclear reactors, making them far more efficient than conventional solar panel designs and opening the door to a future where solar energy meets a much larger share of the world’s electricity needs.

SolarBank (NASDAQ: SUUN) (CSE: SUNN) has retained Jonathan Martone of Martone Advisors LLC to guide its planned expansion into the data center industry. Martone brings over 25 years of experience in telecommunications and data center development, including site selection, power grid strategy, and infrastructure planning. SolarBank first announced its strategic interest in the data center sector in November 2024 and is actively evaluating potential opportunities to support growing demand from AI-driven computing needs.

SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) is a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the U.S. The company recently announced a partnership with Viridi, the industry leader in fail-safe battery energy storage systems (“BESS”), to develop a combined 3.06 megawatt (“MW”) direct current ground-mounted solar power project and a 1.2 megawatt-hour (“MWh”) BESS, in Buffalo, New York. “This initiative aims to transform a closed landfill into a productive asset that generates clean energy for the local community. Once operational, the project will function under a community solar model,” reads a recent article.

Researchers from the University of California, Merced have published a paper outlining the benefits of charging battery electric vehicles (BEVs) during the day. Although this contradicts the current trend of overnight charging, the UC Merced research team argues that daytime EV charging is easier and cheaper compared to charging at night.

Over the past few months, Tesla has faced significant backlash from consumers in several major markets due to its CEO’s recent involvement in U.S. politics. With Tesla CEO Elon Musk endorsing President Donald Trump’s second presidential bid and currently heading the controversial Department of Government Efficiency (DOGE), many consumers are turning away from the Texas-based electric vehicle giant.

In a groundbreaking advancement for quantum technology, researchers have developed a quantum algorithm that allows quantum computers to analyze and preserve quantum entanglement—the very phenomenon that supports their power. This breakthrough, introduced by scientists from Tohoku University in Japan and St. Paul’s School in London, could significantly enhance the reliability and efficiency of quantum computing.

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 the sale and related construction contract for the 3.26 MW Camillus Solar Project for Solar Advocate Development LLC in a deal valued at $7.3 million USD ( https://ibn.fm/qFjN7 ).

Taking advantage of climate science may be the key to addressing climate change’s impact on green energy production and ensuring the world has a reliable supply of clean energy. Climate science refers to the study of climatic conditions, how they change over time, and how they are influenced by human and natural factors.

SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) has announced plans to develop a 7.2 MW DC ground-mount solar power project known as the Hoadley Hill Rd project (the “Project”) on a site located in upstate New York. According to the announcement, the Project is another key addition to SolarBank’s expanding development pipeline—which exceeds one gigawatt—as well as the company’s commitment to advancing community solar. Assuming receipt of the requested interconnection approval, SolarBank will continue efforts to complete the permitting process and secure necessary financing for construction of the Project. The Project is expected to be eligible for incentives under the New York State Energy Research and Development Authority (“NYSERDA”) NY-Sun Program.

Recent vehicle sales data from Europe reveals that Tesla, historically the world’s largest electric vehicle (EV) manufacturer, is losing ground to established automakers like Volkswagen and BMW Group. According to research platform JATO Dynamics, both BMW and Volkswagen sold more EVs than Tesla in the European market in February 2025, signaling trouble for the Texas-based automaker.

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 expanding its renewable energy footprint with the development of two new solar power projects in upstate New York. The company announced plans to build a 7.2 MW DC ground-mount solar project in Gainesville, known as the Jordan Rd project ( https://ibn.fm/dfntr ), and a 4.3 MW DC ground-mount solar project on Glen Rd ( https://ibn.fm/pu0xN ). Combined, these projects are expected to generate enough electricity to power approximately 1,350 homes.

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., aims to deliver reliable clean and renewable power to keep people’s lights on and keep people connected by helping power data centers, as detailed by CEO Richard Lu during two separate podcasts recently: InvestorBrandNetwork’s Bell2Bell and Electrek’s Quick Charge .

SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) has closed a registered direct offering with a single institutional investor, securing approximately $8.5 million in gross proceeds. The investor, backed by a bulge bracket investment bank and active in the energy sector, purchased 2,394,367 common shares and an equal number of warrants at a combined price of $3.55 per share. The warrants are immediately exercisable at $4.45 per share and expire in five years, potentially generating up to an additional $10.65 million. SolarBank plans to use the proceeds to support battery energy storage system projects, a community solar project in New York, and for general working capital. A.G.P./Alliance Global Partners served as sole placement agent.

Scientists at The Pennsylvania State University have developed a groundbreaking method to transform out-of-use oil wells into large-scale clean energy batteries . This innovative approach repurposes depleted gas and oil wells to address environmental pollution while simultaneously enhancing clean energy adoption.