SolarBank

SolarBank
Year Founded: 2013

SolarBank Corporation is an independent renewable energy project developer and owner that focuses on distributed and community solar projects in Canada and the USA. The company develops solar projects that sell electricity to utilities, commercial, industrial, municipal, and residential off-takers. SolarBank’s diverse portfolio includes behind-the-meter solar power gardens, grid-connected community solar plants, and utility-scale solar farms. They aim to maximize returns through various solar market opportunities, including utility partnerships and virtual net metering projects. With over 70 megawatts of developed renewable energy projects and a potential development pipeline exceeding one gigawatt, SolarBank is a significant player in the renewable energy sector.

In addition to project development, SolarBank provides comprehensive services such as engineering, procurement, construction, and operation and maintenance (O&M) for solar power plants. Their approach ensures that renewable energy assets are efficiently managed and operated to maximize energy production and financial returns. The company is also involved in innovative partnerships, such as with Hydro-Québec’s subsidiary EVLO for battery energy storage systems, to enhance the reliability and profitability of renewable energy projects. SolarBank’s strategic focus on sustainability and growth positions it as a key contributor to the North American energy transition towards a net-zero carbon future.

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