SolarBank CEO Highlights Growth and Vision on Bell2Bell Podcast

Clean Energy Vision and Mission

In a recent appearance on the Bell2Bell Podcast, Dr. Richard Lu, President and CEO of SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN), articulated the company's enduring commitment to clean energy. He drew a compelling parallel between civilization's historical dependence on the sun and SolarBank's modern mission, stating, “When you look at civilization over the years, originally, we depended on the sun to give us light for agriculture. Then, we relied on burning oil… The driving force behind today’s digital economy is electricity. SolarBank is a clean and renewable power supplier focused on delivering electricity from non-emitting sources. That has been the mission and vision of the company for over 12 years.”

Robust Project Pipeline and Recent Achievements

Dr. Lu provided details on SolarBank's impressive project pipeline, highlighting a newly secured $50 million USD contract with Qcells and the development of a company-owned 60 MWh battery storage project. He emphasized the company's vertically integrated approach, managing development, construction, and ownership of solar, battery storage, and EV charging projects. Their pipeline boasts over 1 gigawatt of capacity across Canada and the U.S.

Further showcasing SolarBank's growth trajectory, Dr. Lu discussed ongoing work with Honeywell, the fulfillment of the Qcells contract, and expansion into major infrastructure projects. A significant milestone mentioned was the acquisition of $45 million in solar assets, now contributing to recurring revenue and bringing their owned assets to approximately $180 million.

Reflecting on the past year, Lu shared, “We generated approximately $60 million in fiscal 2024, and, as of January, we have secured major contracts supporting our continued growth.”

Podcast Interview and IBN Partnership

Hosted by IBN's Carmel Fisher, the podcast delves into SolarBank's long-term goals and strategy for capitalizing on anticipated growth, especially within the data center industry. Listeners can access the episode and subscribe for future podcasts at https://podcast.bell2bell.com.

This latest Bell2Bell Podcast episode underscores IBN's dedication to providing specialized content distribution and connecting public companies with the investment community. IBN's extensive network of brands, client partners, and followers has been instrumental in delivering unparalleled corporate messaging solutions for over 19 years. Learn more about IBN's history and achievements at https://IBN.fm/TimeLine.

About SolarBank Corporation

SolarBank Corporation is an independent developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives across Canada and the USA. The company serves a diverse range of clients, including utilities, commercial, industrial, municipal, and residential entities. With a development pipeline exceeding one gigawatt and a proven track record of over 100 megawatts of built capacity, SolarBank is positioned for continued growth in the North American renewable energy market. Visit www.SolarBankCorp.com for more information.

About IBN

IBN comprises a network of financial brands dedicated to connecting companies with investors. With a collective audience of millions of social media followers and a Dynamic Brand Portfolio (DBP), IBN provides comprehensive corporate communications solutions, including wire solutions, news syndication, press release enhancement, social media distribution, and total news coverage. Learn more at https://www.InvestorBrandNetwork.com.

Disclaimer and Forward-Looking Statements

This news release contains forward-looking statements, which are subject to risks and uncertainties. For full disclaimers and forward-looking statements, please refer to http://IBN.fm/Disclaimer. IBN receives cash compensation from companies, including SolarBank Corporation, for its services.