PV tower developer Three Sixty Solar debuts on Canadian bourse

Image Credits: Three Sixty Solar Ltd.

August 15 (Renewables Now) - Canadian commercial solar tower developer Three Sixty Solar Ltd (NEO:VSOL) announced that as of today, its common shares trade on the NEO Exchange in Toronto under the ticker symbol “VSOL”.

The company is a solar equipment supplier that focuses on the design and development of a patent-pending vertical solar power generating structure that uses up to 90% less land space than traditional ground-mounted photovoltaic (PV) plants. These solar towers can be co-located next to homes, as well as retail, agriculture and industrial facilities.

According to a corporate presentation, Three Sixty Solar has set a goal to build an installed base of 500 MW of solar towers globally within five years. The company will also aim to secure at least 25 solar farm developers in North America and Europe into the sales funnel for projects with individual capacities above 25 MW by the end of 2027.

“Public listing on a senior exchange is an excellent launchpad to earn immediate attention by the investment community, and through this, we hope to build many positive long-lasting relationships across the nation. We believe we have a unique opportunity to be a significant player in the solar industry and to change the way solar energy is deployed around the globe for decades to come,” commented CEO Brian Roth.

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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