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After doubling revenue in 2023…
Expecting to MORE THAN DOUBLE AGAIN this year, too…
And announcing a MAJOR new acquisition…
It's no wonder that..

Nasdaq Confirms this Hyper-Growth Stock with Uplisting.

Find out about this growth stock below

SolarBank Corporation (NASDAQ:SUUN, Cboe CA:SUNN) just received a major market validation…

Less than one year after going public – trading on the OTC Markets in the U.S. and the Canadian Stock Exchange – SolarBank has been uplisted to the Nasdaq Global Market in the United States and the senior Cboe Canada Exchange in Canada.

If you’ve been following along with this company’s accelerating success, this comes as no surprise...

Solarbank is on a hyper-growth trajectory.  Its sales revenues doubled in 2023… and management projects 2024 revenues could QUINTUPLE compared to where they were just two years ago.

This kind of growth is often a key indicator of future success - that’s why you should set your sights on SolarBank.

The Growth Story Of The Year

Just take a look at a few of SolarBank’s recent press releases…
Apr. 11, 2024 – “SolarBank Completes Mechanical Construction of 21MW Honeywell Community Solar Sites”
Jan. 18, 2024 - “SolarBank Executes Lease on 14 MW Ground Mount Sites in Greenville, New York”
Feb. 8, 2024 - “SolarBank Executes Lease on 19 MW Ground Mount Sites in Upstate New York”
Mar. 27, 2024 - “SolarBank to Acquire 3.15 MW Solar Project in Camillus, New York…”
In just the first 4 months of 2024, SolarBank has announced – from leases, acquisitions, and plant completions – this represents 69.6 MW of potential future solar capacity.  

But that’s not all…

Solarbank also just entered into a transaction to acquire a whopping 43.77MW – in a MAJOR acquisition...
“Solarbank to Acquire Solar-Flow Through Funds Ltd. in All Stock Transaction Valued at
Cdn$45 Million”
SolarBank Corporation (NASDAQ:SUUN) just inked a significant deal to acquire Solar-Flow Through Funds Ltd. – one that will dramatically increase its independent power producer portfolio and provide recurring revenue from long term contracts at favorable government rates.

This bombshell acquisition adds 70 operating solar sites – totaling 28.8 megawatts of power – to SolarBank’s portfolio.
 
These sites generated over Cdn$9 million in revenues in 2023.

Even better? It’s RECURRING revenue…with favorable, long-term government contracts that will keep these revenues going into the next decade.

That means SolarBank is looking at a steady stream of income for years to come.

SolarBank CEO Dr. Richard Lu stated, “This acquisition advances our strategy of creating stakeholder value through growing our portfolio of high-quality cash-generating independent power producer assets.”

What’s more, SolarBank will also acquire a pipeline of development stage battery energy storage projects with an aggregate discharge capacity of 14.97 MW and electric vehicle charging stations as part of the transaction – both key components of the clean energy transition that could potentially offer major long-term value.

This transaction remains subject to customary closing conditions.

So far, SolarBank’s hyper-growth story has largely gone under-the-radar.

But that’s about to change…

You see, SolarBank just uplisted to the prestigious Nasdaq exchange.

trading on a senior exchange like the Nasdaq is known to…
  • Boost awareness with higher visibility on major financial sites
  • Increase analyst coverage with potential “buy-sell” ratings that can drive momentum
  • Provide mainstream credibility to investors
  • Significantly increase liquidity
  • Potentially give the company access to lower cost of capital to help fuel growth.
PLUS, being on the Nasdaq could make the stock a more attractive option for large institutional investors and index funds.
That means the new Nasdaq listing may unlock access to a significantly larger investing audience and potential access to new pools of capital.

You see, institutions often have restrictions that require them to only invest in stocks on senior exchanges (i.e. the Nasdaq or NYSE).

In fact, according to a study published in the April 2021 issue of the Financial Review, in the 60-days following a stocks’ uplisting from the OTC, dollar volume increased over 80%, liquidity significantly improved, and institution dollars increased a whopping 5-FOLD!4

Stock performance also followed suit - with uplisted stocks posting superior raw and market-adjusted returns compared to the OTC control stocks.
 
It is noted this study was a broad overview of other stocks and may not be reflective of the performance of SolarBank.

But this could be just the tip of the iceberg…  

America is on the verge of a ‘great energy flip’ – one that could propel SolarBank to new prominence as the drive to replace fossil fuels with clean energy sources picks up speed.

Pioneering A New Wave

Why Multiplying Revenue Growth Could Just Be The Beginning For SolarBank (NASDAQ:SUUN, Cboe CA:SUNN)...

As I’m about to explain, SolarBank is uniquely positioned to capitalize on the clean energy transition...

You’ll see how the company provides start-to-finish solar project management...  

How it’s pioneering a new wave of community solar gardens…

And how Corporate America is “going green” – with companies investing BILLIONS in renewable energy, creating a massive surge for solar.

But first, let me show you how governments and institutions are making their largest investment in clean energy to-date – and how that could push the demand for companies like SolarBank even higher.
“White House Pushing for 80% Clean U.S. Power Grid by 2030”
- CNBC6
Right now, 79% of total U.S. energy production comes from fossil fuels…
 
➔ Thirty-six percent is petroleum based.
➔ Thirty-two percent is natural gas based.  
➔ And eleven percent comes from coal.
Only an estimated 13% comes from renewable energy.

But all that’s about to change…

“White House Pushing for 80% Clean U.S. Power Grid by 2030”8 - CNBC

That means a complete FLIP of energy sources will be needed. It will require BILLIONS of dollars in infrastructure investments.9

In addition, not only has the White House provided a directive… they’ve also provided the means to do it.

In fact, the White House has set aside an unprecedented $369 billion for clean energy. This injection of cash and tax credits is a gamechanger.

One of the big reasons why power-providers haven’t made the switch to renewables already, is the cost. It was too expensive. With billions now available to offset those costs, it flips their incentives, making it not only feasible to go green, but achievable10 and desirable.

These funds are “the missing link” for companies to initiate change – and this funding is expected to dramatically transform America’s energy landscape as we know it.

Enter SolarBank Corporation (NASDAQ:SUUN, Cboe CA:SUNN)

SolarBank is a trusted solar developer, engineer, builder, and asset operator. It has an established customer base, including Fortune 100 companies like Honeywell.

In fact, Honeywell and SolarBank have had a longstanding partnership, spanning 5 years. Most recently…
  • SolarBank completed two turnkey behind-the-meter solar power projects in New York state for Honeywell, where SolarBank provided start-to-finish project development, from site origination through construction completion.11
  • And recently, Honeywell engaged SolarBank for three community solar power projects that were just completed in upstate New York – having a contract value of $41 million.
“The relationship between Honeywell and SolarBank continues to grow and these projects represent the largest to date that will be constructed by the Company for Honeywell...

The construction of these projects helps Honeywell achieve its remediation goals and support Honeywell’s ESG goals.”


Dr. Richard Lu, Chief Executive Officer, SolarBank Corp.
This new project with Honeywell is part of a larger wave of “community solar gardens”, developed by SolarBank.

Community solar gardens are a concept that utilizes nearby vacant land to provide low-cost energy to neighborhoods around the nation.

Solar gardens could help trigger a switch away from large-scale, regional power plants to small, localized renewable power production.

In addition to solar gardens, SolarBank has developed dozens of behind-the-meter solar power plants.

In fact, Solarbank-developed projects generate enough energy to rank the company as one of the top 20 solar developers in the United States.
You see, SolarBank’s winning formula lies in the fact that it provides start-to-finish solar project management for its customers. From site selection to project financing to construction and asset management –SolarBank efficiently does it all, start to finish.

This unique expertise is highly desirable for potential corporate clients as it reduces the hassle for them and increases efficiencies.

Because as we alluded to earlier, Corporate America is going green which demonstrates the continuing commitment to renewable energy and net zero targets.

In September 2019, over 1,500 Amazon employees threatened to walk out of work demanding the company reduce their environmental footprint. The strike, along with increasing consumer pressure, led Amazon CEO, Jeff Bezos, to pledge that Amazon will become carbon neutral by 2040.

A couple months later, over 2,000 Google employees signed a petition urging the company to meet several sustainability demands, including a commitment to having zero carbon emissions by 2030.12 Google succumbed to the mounting pressure and subsequently adopted a 2030 net-zero goal, making it one of Big Tech’s most aggressive sustainability plans13

 Similarly, Apple has set a goal of net-zero for its supply chain by 2030 AND wants to make all its products carbon neutral by the same date!14

The Drive Towards Clean, Renewable Energy is Clear.

The companies are not clients of SolarBank but their commitment to renewable energy is important information to demonstrate that there is long term growth potential in the industry.

The details provided about these companies’ investment in, and goals with respect to, renewable energy are examples only and SolarBank does not currently provide any products or services to these companies.

Even the U.S. Securities and Exchange Commission (SEC) is supporting the clean energy movement.

It proposes Environmental, Social, and Governance (ESG) disclosure rules, which could require companies to report on climate-related matters in their registration statements and annual reports. These rules are currently in draft form but if adopted, the proposal would pivot climate reporting from being largely voluntary to being standardized, reliable, and consistent for all publicly listed companies.

That means a corporation’s environmental footprint could be printed next to the company’s bottom line… making their renewable energy investment even more critical.

Community Solar Projects Could Position SolarBank (NASDAQ:SUUN, Cboe CA:SUNN) for Additional Growth

The IRA expands access to low-cost solar energy by providing federal incentives to state and local governments to invest in community solar gardens.

Community solar gardens are smaller-scale projects that are installed either on vacant land, or commercial rooftops. They generate electricity and feed into the local power grid.

Depending on the size of the garden or the number of panels, dozens or even hundreds of renters or local community members can subscribe and save money from the electricity that is generated by the project.

These gardens could become a big part of the future of energy in America. Twenty-two states and Washington D.C. have implemented policies that support community solar gardens. While projects are active in 39 states, Washington D.C. and Puerto Rico.19

SolarBank expects this to be a growth opportunity and is establishing itself as a leader in this space.  The company has already developed projects in New York – which serve more than 4,000 community solar subscribers – with plans for more in the coming years.

Listen, America is at the precipice of a major change to its energy landscape. And companies like SolarBank Corporation (NASDAQ:SUUN, Cboe CA:SUNN) could benefit immensely.

So if you’re looking for an opportunity that is part of “The Great Energy Flip”, you may want to consider reviewing SolarBank Corporation (NASDAQ:SUUN, Cboe CA:SUNN) more closely.
  • For one, the demand for solar energy has never been greater…
  • Two, corporations are committing large amounts of money to go green…
  • Three, the Inflation Reduction Act promises the U.S. Government’s largest investment in clean energy ever…
  • And four, The White House is looking to mandate 80% of U.S. electricity to be clean energy by 2030 – a complete flip from the 13% it provides today.
Solar will play a key role in meeting that goal and companies like SolarBank Corporation (NASDAQ:SUUN, Cboe CA:SUNN) could be beneficiaries.

Top Reasons to Consider Investing in
SolarBank Corporation

  • SolarBank is on a hyper-growth trajectory. The company’s sales doubled in 2023, and management projects 2024 revenues could more than double again too.  That means that if 2024 revenue guidance is achieved, revenues will have grown by up to 500% from two years ago. Recent announcements, including a new acquisition valued at Cdn$45 million, confirm SolarBank’s growth shows no signs of slowing down.
  • Uplisted to the Nasdaq Global Market. Less than one year after going public on the OTC Market, SolarBank has uplisted to the prestigious Nasdaq Global Market. Trading on a senior exchange, like the Nasdaq, can have a significant impact – it can increase trading volume, liquidity, and awareness.  It can also make the stock more attractive to institutional investors and index funds.
  • Renewable energy is one solution to America’s increased energy costs. SolarBank Corporation is positioned to help solve America’s increased energy cost, building community solar gardens and helping corporations meet their clean energy goals. Solar is one of the few major energy sources that’s actually declined in cost (85% since 2010), and is now cheaper than gas power (by 33%) – making it the smart, cost-effective solution to higher utility bills.
  • A Future Market Projected To Hit $607 Billion. The solar energy market is expected to more than triple its current size by 2032 and could exceed $607 billion in the next eight years. SolarBank Corporation is aiming to capture a share of this market.
  • The Inflation Reduction Act is supporting the industry. America has made its largest federal investment in clean energy… ever! The Government has set aside $369 billion for clean energy. The individual, corporate, and state & local government incentives have never been greater to invest in solar.
  • Corporate America is going green. Corporate demand for solar has increased! Pressure is mounting for Corporate America to “go green”, and many companies have made commitments to be net-zero in the coming years.
However, you should be aware that there are risks to the business of SolarBank Corporation (NASDAQ:SUUN, Cboe CA:SUNN).
  • The company may be adversely affected by volatile solar power market and industry conditions; in particular, the demand for its services may decline, which may reduce its revenues and earnings.
  • The execution of the company’s growth strategy depends upon the continued availability of third-party financing arrangements for the company and its customers and the company’s future success depends partly on its ability to expand the pipeline of its energy business in several key markets
  • Governments may revise, reduce or eliminate incentives and policy support schemes for solar and battery storage power, which could cause demand for the company’s services to decline.
  • General global economic conditions may have an adverse impact on our operating performance and results of operations.
  • Developing and operating solar projects exposes the Company to various risks and the markets in which the company competes are highly competitive and evolving quickly
Please also refer to “Important Notice and Disclaimer” at the end of this document for important additional information and risk factors.
With the goal of becoming carbon neutral being part of a global initiative you could expect SolarBank to stay in the news for years to come.
That means you should consider calling your registered broker or advisor and showing him or her this report. Then discuss the new opportunity in solar and, in particular, with SolarBank Corporation (NASDAQ:SUUN, Cboe CA:SUNN).

SolarBank Corporation (NASDAQ:SUUN, Cboe CA:SUNN)

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12022 revenues of Cdn$10.2M, 2023 revenues ofCdn $18.4M, and 2024 revenue guidance of Cdn$45M-$50M
2Press releases dated 1/11/24, 1/18/24, 1/22/24, 1/25/24, 2/8/24 and 3/27/24 (3.7 + 14 + 3 + 5.728 + 19 + 3.15 = 48.578 MW), https://solarbankcorp.com/news/
4https://www.linkedin.com/pulse/do-uplistings-improve-stock-price-survey-says-jake-hoffberg
5https://www.linkedin.com/pulse/do-uplistings-improve-stock-price-survey-says-jake-hoffberg
6https://www.cnbc.com/2021/04/26/white-house-pushing-for-80percent-clean-us-power-grid-by-2030.html
7
https://css.umich.edu/publications/factsheets/energy/us-renewable-energy-factsheet

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