- U.S. clean energy tax credits under the new Big Beautiful Bill require projects to commence construction by July 4, 2026, and complete within four years.
- SolarBank has enough advanced-stage U.S. projects to meet this timeline, backed by a $100 million financing deal with CIM Group.
- The company is prioritizing construction on a 97 MW portfolio in key states with interconnection and permitting progress.
- In Canada, SolarBank is deploying battery systems in Ontario under decade-long IESO contracts and expanding in Nova Scotia’s Community Solar program.
- Canada’s “Build, baby, build” policy push under Prime Minister Mark Carney favors developers with shovel-ready assets.
- SolarBank is actively adjusting development and financing schedules to align with evolving incentives while managing cross-border policy risk.
Disseminated on behalf of SolarBank Corporation
SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the U.S., is positioning itself to navigate and benefit from rapidly evolving policy developments in both the United States and Canada. As lawmakers on both sides of the border adjust clean energy timelines, incentives, and infrastructure priorities, the solar and battery storage developer is adapting its strategy to maintain momentum and secure investor value (https://ibn.fm/KhbAn).
In the U.S., the newly enacted Big Beautiful Bill (“BBB”) sets a clear policy horizon for renewable energy developers. The legislation allows solar and battery energy storage projects to qualify for full investment tax credits (“ITCs”) if construction begins by July 4, 2026, and the projects reach commercial operation…
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