Disseminated on behalf of SolarBank Corporation.
SolarBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN, FSE: GY2) has announced a major step forward in the development of its 7.2 MW DC ground-mount solar power project, known as the North Main Project, in Wyoming County, New York. The project has finished the Coordinated Electric System Interconnection Review (CESIR). This important step allows the company to move forward with the permitting process.
SolarBank Corporation is an independent renewable and clean energy project developer and owner. It specializes in distributed and community solar projects across Canada and the United States.
The company develops solar, Battery Energy Storage System (BESS), and EV Charging projects. These facilities supply electricity to utilities, commercial, industrial, municipal, and residential off-takers.
SolarBank has a development pipeline exceeding one gigawatt. It has successfully developed renewable energy projects with a combined capacity of over 100 megawatts.
After securing the needed permits and funding for North Main, SolarBank plans to start building the community solar project. This project will provide clean energy to around 850 homes. The project should also qualify for incentives from the NYSERDA NY-Sun Program. This will help its financial and operational success.
Bringing Affordable Clean Energy to Communities
Community solar projects like North Main play a crucial role in the transition to renewable energy. Community solar is different from traditional rooftop solar. It lets both renters and homeowners enjoy solar power benefits. They don’t need to install panels on their properties.
Moreover, participants can subscribe to the project. They will receive credits on their electricity bills. This lowers their energy costs and supports renewable energy growth.
Current Market Landscape and Growth Projections
As of June 2024, the United States has about 7.87 gigawatts (GW) of community solar capacity. This capacity is spread across 44 states and the District of Columbia.
In the third quarter of 2024, the community solar segment installed 291 megawatts direct current (MWdc). This is a 12% increase compared to the same period in the previous year. This growth underscores the sector’s resilience and expanding appeal.

Looking ahead, the U.S. Department of Energy has set an ambitious target to achieve 25 GW of community solar capacity by 2025. This was a target of the prior Federal administration but most community solar projects are developed with the support of state and local governments. The Coalition for Community Solar Access expects the U.S. to exceed 30 GW of community solar by 2030. This shows strong growth potential for the sector.
Wood Mackenzie forecasts that the national community solar market will grow at an average rate of 5% annually through 2026. However, a subsequent average annual contraction of 11% is anticipated through 2029. This shows that near-term growth is strong. Yet, long-term sustainability may need strategic actions and policy support.
SolarBank is focusing on community solar, aiming to provide clean, affordable energy to thousands of homes. This initiative supports the company’s mission to speed up renewable energy use in North America.
A Strong Partnership with Solar Simplified
SolarBank has teamed up with Solar Simplified. They are a leading provider of services for community solar programs. They focus on customer acquisition, enrollment, and management.
Solar Simplified works with SolarBank to make sure community solar projects are fully signed up. This way, they can boost revenue right from the start.
Solar Simplified takes care of all customer operations. This lets SolarBank focus on growing its renewable energy portfolio and launching more projects each year.
Overcoming Challenges in Solar Development
The North Main Project is a big step forward, but challenges still exist for large-scale solar projects. The project depends on three key steps:
- getting a community solar contract,
- obtaining permits, and
- securing third-party financing.
Also, changing government incentives and policies about solar power can affect how financially sound future projects will be.
Navigating the US-China Solar Trade Landscape
The solar industry has been heavily affected by U.S.-China trade tensions, with President Donald Trump issuing an executive order on February 1, 2025 imposing a 10% tariff on imports from China, which has since doubled to 20%. This move builds on former President Joe Biden’s tariff hikes from 25% to 50%, effective January 1, 2025, bringing total duties on Chinese solar polysilicon, wafers, and cells to 70%.
China dominates the global solar panel supply chain, producing over 80% of the world’s photovoltaic (PV) modules. Dependence on Chinese imports has led to increased costs and supply chain challenges for many U.S. solar developers.

However, SolarBank has positioned itself to mitigate the effects of these trade disputes. By prioritizing domestic manufacturing, SolarBank not only avoids tariff-related cost fluctuations but also contributes to strengthening the U.S. solar supply chain.
In an exclusive interview, SolarBank’s CEO Dr. Richard Lu emphasized the company’s edge on this matter, stating:
“We want to do our part to “Make America Great Again”. Solar energy is the power that we can deliver at a low cost in a timely manner, and we want to use “Made in the USA” solar panels to achieve our strategic goal. The Made in the USA panels demonstrate our commitment to supporting domestic production for the clean and renewable energy industry. For the sector, it will enable the industry to meet its demand with domestic supplies.”
SolarBank is dedicated to growing renewable energy in North America with the following project pipeline. It uses its skills in solar, battery storage, and EV charging projects to meet this goal.

Innovative Projects and Market Expansion
SolarBank is committed to innovation. It has teamed up with Viridi to turn a landfill in Buffalo, New York, into a solar farm. This project will have a capacity of 3.06 MW and include a 1.2 MWh battery energy storage system.
This project shows the company’s commitment to turning unused sites into renewable energy sources. It provides clean energy to the community and helps tackle environmental issues.
SolarBank is also planning a move into the growing data center market. This market is expected to hit $395 billion by 2030. Using its renewable energy expertise, the company plans to create and partner on data centers. This will help meet the industry’s huge energy needs with scalable and eco-friendly solutions.
SolarBank’s commitment to renewable energy continues to drive meaningful progress in the community solar sector. The North Main Project and other new developments are helping the company expand clean energy access and support sustainable infrastructure across North America. SolarBank leads the way to a cleaner energy future through partnerships, expanding markets, and tackling industry challenges.
This report contains forward-looking information. Please refer to the SolarBank press releases entitled “SolarBank Provides Update on 7.2 MW North Main Project in Wyoming County, New York.”; “SolarBank Partners with Viridi on Combined 3.06 MW Solar and 1.2 MWH Battery Energy Storage Project Located in Buffalo, New York.”; and “SolarBank Announces 2024 Highlights”.
Disclosure: Owners, members, directors, and employees of carboncredits.com have/may have stock or option positions in any of the companies mentioned: None.
Additional disclosure: This communication serves the sole purpose of adding value to the research process and is for information only. Please do your own due diligence. Every investment in securities mentioned in publications of carboncredits.com involves risks that could lead to a total loss of the invested capital.
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Carbon Footprint
Climate Impact Partners Unveils High-Quality Carbon Credits from Sabah Rainforest in Malaysia
The voluntary carbon market is changing. Buyers are no longer focused only on large volumes of cheap credits. Instead, they want projects with strong science, long-term monitoring, and clear proof that carbon has truly been removed from the atmosphere. That shift is drawing more attention to high-integrity, nature-based projects.
One project now gaining that spotlight is the Sabah INFAPRO rainforest rehabilitation project in Malaysia. Climate Impact Partners announced that the project is now issuing verified carbon removal credits, opening access to one of the highest-quality nature-based removals currently available in the global market.
Restoring One of the World’s Richest Rainforest Ecosystems
The project is located in Sabah, Malaysia, on the island of Borneo. This region is home to tropical dipterocarp rainforest, one of the richest forest ecosystems on Earth. These forests store huge amounts of carbon and support extraordinary biodiversity. Some dipterocarp trees can grow up to 70 meters tall, creating habitat for orangutans, pygmy elephants, gibbons, sun bears, and the critically endangered Sumatran rhino.
However, the forest within the INFAPRO project area was not intact. In the 1980s, selective logging removed many of the most valuable tree species, especially large dipterocarps. That caused serious ecological damage. Once the key mother trees were gone, natural regeneration became much harder. Young seedlings also had to compete with dense vines and shrubs, which slowed the forest’s recovery.
To repair that damage, the INFAPRO project was launched in the Ulu-Segama forestry management unit in eastern Sabah.
- The project has restored more than 25,000 hectares of logged-over rainforest.
- It was developed by Face the Future in cooperation with Yayasan Sabah, while Climate Impact Partners has supported the project and helped bring its credits to market.
Why Sabah’s Carbon Removals are Attracting Attention
What makes Sabah INFAPRO different is not only the size of the restoration effort. It is also the way the project measured carbon gains.

Many forest carbon projects issue credits in annual vintages based on year-by-year growth estimates. Sabah INFAPRO followed a different path. It used a landscape-scale monitoring system and waited until the forest moved through its strongest natural growth period before issuing removal credits.
- This approach gives the credits more weight. Rather than relying mainly on short-term annual estimates, the project measured carbon sequestration over a longer period. That helps show that the forest delivered real, sustained, and measurable carbon removal.
The scientific backing is also unusually strong. Since 2007, the project has maintained nearly 400 permanent monitoring plots. These plots have allowed researchers, independent auditors, and technical specialists to observe the full growth cycle of dipterocarp forest recovery. The result is a large body of field data that supports carbon calculations and strengthens confidence in the credits.
In simple terms, buyers are not just being asked to trust a model. They are being shown years of direct forest monitoring across the project landscape.
Strong Ratings Support Market Confidence
Independent assessment has also lifted the project’s profile. BeZero awarded Sabah INFAPRO an A.pre overall rating and an AA score for permanence. That places the project among the highest-rated Improved Forest Management, or IFM, projects in the world.
The rating reflects several important strengths. First, the project has very low exposure to reversal risk. Second, it has a long and stable operating history. Third, its measured carbon gains align well with peer-reviewed ecological research and independent analysis.
These points matter in today’s market. Buyers have become more cautious after years of debate over the quality of some forest carbon credits. As a result, they now look more closely at durability, transparency, and third-party validation. Sabah INFAPRO’s rating helps answer those concerns and makes the project more attractive to companies looking for credible carbon removal.
The project is also registered with Verra’s Verified Carbon Standard under the name INFAPRO Rehabilitation of Logged-over Dipterocarp Forest in Sabah, Malaysia. That adds another level of market recognition and verification.
A Wider Model for Rainforest Recovery
Sabah INFAPRO also shows why high-quality nature-based projects are about more than carbon alone. The restoration effort supports broader ecological recovery in one of the world’s most important rainforest regions.
Climate Impact Partners said it has worked with project partners to restore degraded areas, run local training programs, carry out monthly forest patrols, and distribute seedlings to support rainforest recovery beyond the project boundary. These efforts help strengthen the wider landscape and expand the project’s environmental impact.
That broader value is becoming more important for buyers. Companies increasingly want projects that support biodiversity, ecosystem health, and local engagement, along with carbon removal. Sabah INFAPRO offers that mix, making it a stronger fit for the market’s shift toward higher-integrity credits.

The post Climate Impact Partners Unveils High-Quality Carbon Credits from Sabah Rainforest in Malaysia appeared first on Carbon Credits.
Carbon Footprint
Bitcoin Falls as Energy Prices Rise: Why Crypto Is Now an Energy Market Story
Bitcoin’s recent drop below $70,000 reflects more than short-term market pressure. It signals a deeper shift. The world’s largest cryptocurrency is becoming increasingly tied to global energy markets.
For years, Bitcoin has moved mainly on investor sentiment, adoption trends, and regulation. Today, another force is shaping its direction: the cost of energy.
As oil prices rise and electricity markets tighten, Bitcoin is starting to behave less like a tech asset and more like an energy-dependent system. This shift is changing how investors, analysts, and policymakers understand crypto.
A Global Power Consumer: Inside Bitcoin’s Energy Use
Bitcoin depends on mining, a process that uses powerful computers to verify transactions. These machines run continuously and consume large amounts of electricity.
Data from the U.S. Energy Information Administration shows Bitcoin mining used between 67 and 240 terawatt-hours (TWh) of electricity in 2023, with a midpoint estimate of about 120 TWh.

Other estimates place consumption closer to 170 TWh per year in 2025. This accounts for roughly 0.5% of global electricity demand. Recently, as of February 2026, estimates see Bitcoin’s energy use reaching over 200 TWh per year.
That level of energy use is significant. Global electricity demand reached about 27,400 TWh in 2023. Bitcoin’s share may seem small, but it is comparable to the power use of mid-sized countries.
The network also requires steady power. Estimates suggest it draws around 10 gigawatts continuously, similar to several large power plants operating at full capacity. This constant demand makes energy costs central to Bitcoin’s economics.
When Oil Rises, Bitcoin Falls
Bitcoin mining is highly sensitive to electricity prices. Energy is the highest operating cost for miners. When power becomes more expensive, profit margins shrink.
Recent market movements show this link clearly. As oil prices rise and inflation concerns persist, energy costs have increased. At the same time, Bitcoin prices have weakened, falling below the $70,000 level.

This is not a coincidence. Studies show a direct relationship between Bitcoin prices, mining activity, and electricity use. When Bitcoin prices rise, more miners join the network, increasing energy demand. When energy costs rise, less efficient miners may shut down, reducing activity and adding selling pressure.
This creates a feedback loop between crypto and energy markets. Bitcoin is no longer driven only by demand and speculation. It is now influenced by the same forces that affect oil, gas, and power prices.
Cleaner Energy Use Is Growing, but Fossil Fuels Still Matter
Bitcoin’s environmental impact depends on its energy mix. This mix is improving, but it remains uneven.
A 2025 study from the Cambridge Centre for Alternative Finance found that 52.4% of Bitcoin mining now uses sustainable energy. This includes both renewable sources (42.6%) and nuclear power (9.8%). The share has risen significantly from about 37.6% in 2022.
Despite this progress, fossil fuels still account for a large portion of mining energy. Natural gas alone makes up about 38.2%, while coal continues to contribute a smaller share.

This reliance on fossil fuels keeps emissions high. Current estimates suggest Bitcoin produces more than 114 million tons of carbon dioxide each year. That puts it in line with emissions from some industrial sectors.
The shift toward cleaner energy is real, but it is not complete. The pace of change will play a key role in how Bitcoin fits into global climate goals.
Bitcoin’s Climate Debate Intensifies
Bitcoin’s growing energy demand has placed it at the center of ESG discussions. Its impact is often measured through three key areas:
- Total electricity use, which rivals that of entire countries.
- Carbon emissions are estimated at over 100 million tons of CO₂ annually.
- Energy intensity, with a single transaction using large amounts of power.

At the same time, the industry is evolving. Mining companies are adopting more efficient hardware and exploring new energy sources. Some operations use excess renewable power or capture waste energy, such as flare gas from oil fields.
These efforts show progress, but they do not fully address the concerns. The gap between Bitcoin’s energy use and its environmental impact remains a key issue for investors and regulators.
- MUST READ: Bitcoin Price Hits All-Time High Above $126K: ETFs, Market Drivers, and the Future of Digital Gold
Bitcoin Is Becoming Part of the Energy System
Bitcoin mining is now closely integrated with the broader energy system. Operators often choose locations based on access to cheap or excess electricity. This includes areas with strong renewable generation or underused energy resources.
This integration creates both opportunities and challenges. On one hand, mining can support energy systems by using power that might otherwise go to waste. It can also provide flexible demand that helps stabilize grids.
On the other hand, it can increase pressure on local electricity supplies and extend the use of fossil fuels if cleaner options are not available.
In the United States, Bitcoin mining could account for up to 2.3% of total electricity demand in certain scenarios. This highlights how quickly the sector is scaling and how closely it is tied to national energy systems.
Energy Markets Are Now Key to Bitcoin’s Future
Looking ahead, the connection between Bitcoin and energy is expected to grow stronger. The network’s computing power, or hash rate, continues to reach new highs, which typically leads to higher energy use.
Electricity will remain the main cost for miners. This means Bitcoin will continue to respond to changes in energy prices and supply conditions. At the same time, governments are starting to pay closer attention to crypto’s environmental impact, which could shape future regulations.

Some forecasts suggest Bitcoin’s energy use could rise sharply if adoption increases, potentially reaching up to 400 TWh in extreme scenarios. However, cleaner energy systems could reduce the carbon impact over time.
Bitcoin is no longer just a financial asset. It is also a large-scale energy consumer and a growing part of the global power system.
As a result, understanding Bitcoin now requires a broader view. Energy prices, electricity markets, and carbon trends are becoming just as important as market demand and investor sentiment.
The message is clear. As energy markets move, Bitcoin is likely to move with them.
The post Bitcoin Falls as Energy Prices Rise: Why Crypto Is Now an Energy Market Story appeared first on Carbon Credits.
Carbon Footprint
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The post LEGO’s Virginia Factory Goes Big on Solar as Net-Zero Push Speeds Up appeared first on Carbon Credits.
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