Canada-based SolarBank Corporation announced that Qcells will acquire four solar projects in upstate New York, totaling 25.577 MW. SolarBank will develop these projects under $49.5 million EPC agreements and may retain operations and maintenance contracts post-construction. The projects, designed as community solar initiatives, will use Qcells modules made in the US and qualify for NYSERDA NY-Sun incentives. Risks include permit approvals, financing availability, construction challenges, and potential policy changes. Payments will be made in the stages, with SolarBankrequired to reacquire the projects if Qcellsfails to secure financing.