SolarBank Corp Updates on Strategic Positioning and Project Milestones

SolarBank Corporation, a Canadian company listed on the OTC Bulletin Board, has recently issued updates on its strategic positioning amid evolving policy landscapes in the U.S. and Canada. The company, known for its development, ownership, and operation of solar and battery energy storage systems, is navigating changes introduced by the U.S. federal legislation known as the Big Beautiful Bill (“BBB”). This legislation has set a new timeline for clean energy investment tax credits (ITCs), allowing projects that commence construction by July 4, 2026, to qualify for full tax credits. This update aims to inform current and prospective shareholders about SolarBank’s strategic adjustments to capitalize on these policy shifts.

In addition to strategic updates, SolarBank has achieved significant progress with its 7.2 MW Hoadley Hill project in upstate New York. The project has successfully completed a major interconnection study, clearing the Coordinated Electric System Interconnection Review (CESIR). This milestone is crucial as it sets the stage for securing full site permits, financing, and preparing for construction. The Hoadley Hill project is expected to generate enough power to supply approximately 850 homes, marking a significant step forward in SolarBank’s clean energy initiatives.

Financially, SolarBank’s stock has seen recent activity, with a Buy rating initiated by D. Boral Capital on July 8, 2025. The company’s close price on July 8, 2025, was $1.52, with a 52-week high of $6.43 on February 9, 2025, and a 52-week low of $1.23 on June 2, 2025. The market capitalization stands at $71,760,000 USD.

These developments highlight SolarBank’s proactive approach in adapting to policy changes and advancing its project pipeline, positioning the company for continued growth in the clean energy sector.