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Breaking News: SolarBank Launches yet another community solar project

SolarBank (NASDAQ: SUUN)

SolarBank (Nasdaq: SUUN) has announced that it’s developing another community solar project in New York.

SolarBank’s new Rice Road project follows on the heels of similar projects in Orleans County, NY, Black Creek, NY and Nova Scotia, Canada.

The new project is located on a 16 acre site in Bloomfield, New York. Once completed it will provide 6.41 megawatts of power — enough to power more than 800 homes.

According to Streetlight Confidential Newsletter editor Tim Collins, it’s just one more reason to take a careful look at investing in the company.

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