SUUN

SolarBank

4.67 USD
-0.25
5.08%
At close Mar 14, 4:00 PM EDT
After hours
4.72
+0.05
1.07%
1 day
-5.08%
5 days
23.22%
1 month
-15.40%
3 months
109.42%
6 months
19.74%
Year to date
112.27%
1 year
-19.48%
5 years
-19.48%
10 years
-19.48%
 

About: SolarBank Corp is an independent renewable and clean energy project developer and asset operator based in Canada and the United States. It is engaged in the development and operation of solar photovoltaic power generation projects in the province of Ontario and the state of New York. The company operates in two principal geographical areas - Canada and United States with a substantial portion of its overall revenue being generated from United States.

Employees: 15

0
Funds holding %
of 7,372 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

0.12% less ownership

Funds ownership: 0.41% [Q3] → 0.3% (-0.12%) [Q4]

44% less funds holding

Funds holding: 9 [Q3] → 5 (-4) [Q4]

50% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 2

66% less capital invested

Capital invested by funds: $566K [Q3] → $190K (-$376K) [Q4]

80% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 5

Research analyst outlook

We haven’t received any recent analyst ratings for SUUN.

Financial journalist opinion

Based on 6 articles about SUUN published over the past 30 days

Neutral
PRNewsWire
2 days ago
7.2 MW Jordan Rd, Gainesville Solar Project in Development by SolarBank in New York
850 Homes Expected to be Powered by this Community Solar Project TORONTO , March 13, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce its plans to develop a 7.2 MW DC ground-mount solar power project known as the Jordan Rd, Gainesville project (the "Project") on a site located in upstate New York. With a secured site lease and interconnection study underway, 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.
7.2 MW Jordan Rd, Gainesville Solar Project in Development by SolarBank in New York
Neutral
PRNewsWire
4 days ago
SolarBank Provides Update on 5.4 MW Boyle Rd Project in New York
630 Homes Expected to be Powered by this Community Solar Project TORONTO , March 11, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce an update on the development of a 5.4 MW DC ground-mount solar power project known as the Boyle Rd project (the "Project") on a site located in upstate New York. The Project has achieved a development milestone in receiving positive interconnection results via a completed Coordinated Electric System Interconnection Review (CESIR).
SolarBank Provides Update on 5.4 MW Boyle Rd Project in New York
Neutral
PRNewsWire
1 week ago
SolarBank Provides Update on 2.9 MW Project in Gainesville, New York
340 Homes Expected to be Powered by this Community Solar Project TORONTO , March 6, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce an update on the development of a 2.9 MW DC ground-mount solar power project known as the Silver Springs project (the "Project") on a site located in Gainesville, New York. The Project has achieved a development milestone in receiving positive interconnection results via a completed Coordinated Electric System Interconnection Review (CESIR).
SolarBank Provides Update on 2.9 MW Project in Gainesville, New York
Neutral
PRNewsWire
1 week ago
SolarBank Provides Update on 7.2 MW North Main Project in Wyoming County, New York
850 Homes Expected to be Powered by this Community Solar Project TORONTO , March 4, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce an update on the development of a 7.2 MW DC ground-mount solar power project known as the North Main project (the "Project") on a site located in Wyoming County, New York. The Project has completed its Coordinated Electric System Interconnection Review (CESIR), and now can proceed to the next important milestone, permitting the Project site.
SolarBank Provides Update on 7.2 MW North Main Project in Wyoming County, New York
Neutral
PRNewsWire
3 weeks ago
SolarBank Partners with Viridi on Combined 3.06 MW Solar and 1.2 MWH Battery Energy Storage Project Located in Buffalo, New York
Project will utilize Viridi's innovative lithium-ion battery packs with integrated fire suppression systems that meet stringent safety requirements TORONTO , Feb. 20, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce that it is partnering with Viridi , the industry leader in fail-safe battery energy storage systems (BESS), on the development of a combined 3.06 MW DC ground-mount solar power project and related 1.2 MWH battery energy storage system ("BESS") in Buffalo, New York (the "Project"). The Project is being constructed on a closed landfill site, transforming previously unusable land into a productive asset that generates clean energy for the community.
SolarBank Partners with Viridi on Combined 3.06 MW Solar and 1.2 MWH Battery Energy Storage Project Located in Buffalo, New York
Neutral
PRNewsWire
3 weeks ago
SolarBank Announces Second Quarter Results
Gross margins improved to 29.2% led by a growing independent power producer ("IPP") revenue base. This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated May 23, 2024, to its short form base shelf prospectus dated May 2, 2023.
SolarBank Announces Second Quarter Results
Neutral
GlobeNewsWire
1 month ago
IBN Announces Latest Episode of The Bell2Bell Podcast featuring Richard Lu, CEO of SolarBank Corporation
AUSTIN, Texas, Feb. 11, 2025 (GLOBE NEWSWIRE) -- via IBN – IBN, a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce the release of the latest episode of  The Bell2Bell Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels. The Bell2Bell Podcast delivers informative updates and exclusive interviews with executives operating in fast-moving industries.
IBN Announces Latest Episode of The Bell2Bell Podcast featuring Richard Lu, CEO of SolarBank Corporation
Neutral
PRNewsWire
1 month ago
SolarBank Provides Update on 14.4 MW Projects in Skaneateles, New York
2,100 Homes Expected to be Powered by these Community Solar Projects TORONTO , Feb. 11, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce an update on the development of two projects located on industrial brownfield sites located in Skaneateles, New York which is in the Finger Lakes Retion of New York, in Onnodaga County. The Company intends to develop two ground-mount community solar projects across the this site with a capacity of 14.4 MW DC (the "Projects").
SolarBank Provides Update on 14.4 MW Projects in Skaneateles, New York
Neutral
PRNewsWire
1 month ago
SolarBank Confirms Quarterly Financial Results Release Date and Earnings Call
TORONTO , Feb. 10, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") announces that it intends to release its quarterly financial results for the second quarter ended December 31, 2024 after close of the Nasdaq market on Friday, February 14, 2025 and will be hosting a webinar to provide a business update and discuss the quarterly results on February 18, 2025 following the Nasdaq market holiday on February 17, 2025. You are invited to a webinar When: February 18, 2025 04:30 PM Eastern Time (US and Canada) Topic: SolarBank Corporation – Quarterly Earnings Release & Management Update Register in advance for this webinar: https://events.teams.microsoft.com/event/76089cb8-6aa9-4c0c-91ad-4c410064ddde@f90ea049-87a1-4082-95af-7e4e24c02cb4 After registering, you will receive a confirmation email containing information about joining the webinar.
SolarBank Confirms Quarterly Financial Results Release Date and Earnings Call
Neutral
PRNewsWire
1 month ago
SolarBank Announces Commencement of Construction of First Battery Energy Storage Project (BESS) in Ontario
$25.8 Million Royal Bank of Canada Facility is being used to finance construction of the 4.99 MW BESS Project TORONTO , Feb. 4, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce that its first Battery Energy Storage System ("BESS") project located in Ontario is expected to commence construction during the week of February 10, 2025. The project is known as SFF-06 (the "Project") and is located in Cramahe, Ontario.
SolarBank Announces Commencement of Construction of First Battery Energy Storage Project (BESS) in Ontario
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