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SolarBank plans to develop a 7 MW DC ground-mount solar power project in Pennsylvania

SolarBank (NASDAQ:SUUN) announced plans to develop a 7 MW DC ground-mount solar power project known as the Stauffer project on a site in Lancaster County, Pennsylvania. The new project is in addition to the 13.8 MW DC project announced last week, both of which are part of a set of projects expected to total 24.8 MW DC in size. The company has secured a lease for the project site and is working on permitting, interconnection, and financing. The proposed community solar project to provide residents, including renters and those without suitable rooftops, with access to solar energy without the commitment of installing panels on their own properties. The project's community solar development is pending approval of House Bill 1842 by Pennsylvania's state government.

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