PV tower developer 3 Sixty Solar debuts on Canadian bourse
- Canadian commercial solar tower programmer Three Sixty Solar Ltd (NEO: VSOL) announced that since today, its typical shares trade on the NEO Exchange in Toronto under the ticker symbol "VSOL".
The business is a solar devices distributor that focuses on the style and also development of a patent-pending vertical solar energy generating structure that consumes to 90% much less land area than conventional ground-mounted photovoltaic (PV) plants. These solar towers can be co-located beside residences, along with retail, agriculture and industrial facilities.
According to a business presentation, Three Sixty Solar has established an objective to construct an installed base of 500 MW of solar towers internationally within 5 years. The business will certainly additionally intend to secure at the very least 25 solar ranch designers in The United States and Canada and also Europe into the sales funnel for projects with individual capacities above 25 MW by the end of 2027.
"Public listing on an elderly exchange is an excellent launch pad to gain immediate attention by the investment community, and with this, we intend to develop several positive long-lasting relationships throughout the nation. We believe we have a distinct opportunity to be a significant gamer in the solar sector and to alter the method solar energy is released around the world for decades to come," commented chief executive officer Brian Roth.