Disseminated on behalf of SolarBank Corporation (NASDAQ:SUUN).

A few years back, the iconic leader of the clean energy movement - Elon Musk - made a startling declaration.

He claimed,

"You could power the entire United States with about 150 to 200 square kilometres of solar panels, the entire United States."

Musk's belief in the sun's limitless potential, and commitment to advancing the technologies needed to harness it, have since drawn both sides of the political aisle.

That comes at no surprise when you consider the economics. Solar energy production can cost as little as $0.03 per kilowatt-hour (kWh), while fossil fuels can cost up to $0.17 per kWh.

That's why solar power demand has risen by a multiple of 48 times over the last decade, but it's only the beginning. Solar is expected to make up 58% of the new electricity generation installed in the United States in 2024.

And with a strategic advantage when it comes to cost and volume, SolarBank (NASDAQ:SUUN) is leading the charge.

So far, SolarBank has developed community solar gardens in more than 20 cities across the state of New York and Canada. And their tailored approach has been successful in lowering an average customer's electricity bill by as much as 10%.

That's why SolarBank attracted the attention of major utility providers, like Honeywell International. The Fortune 100 company inked a $41 million contract with SolarBank to implement community solar and help feed the electrical grid.

It's no wonder their team of experts are getting brought in to tackle one project after the next, as they lower energy costs for homes across North America.

Find out how SolarBank (NASDAQ:SUUN) is tackling the energy crisis one project at a time.

The Tomorrow Investor

Disseminated on behalf of SolarBank Corporation (NASDAQ:SUUN).
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