- The renewable energy company has signed a lease agreement for a 6.9 MW DC ground-mounted solar project in New York’s Capital District.
- The project, known as NY-Crawford Rd, is expected to qualify for incentives under the NYSERDA NY-Sun Program, and, once operational, it will supply enough clean energy to power approximately 800 homes.
- The company has already begun the interconnection application and preliminary screening analysis, marking the first stage of development.
- PowerBank brings experience from over 100 MW of completed projects and a development pipeline exceeding 1 GW, contributing to New York’s Climate Leadership and Community Protection Act goal of 6 GW of solar capacity by 2025.
Disseminated on behalf of PowerBank Corporation
PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the U.S., has announced progress on a new 6.9-megawatt (“MW”) direct current (“DC”) solar project in New York’s Capital District. The initiative, called the NY-Crawford Rd Project, represents another step in the company’s ongoing strategy to expand its footprint in distributed and community solar infrastructure across North America (https://ibn.fm/lKPjF).
According to PowerBank’s announcement, the lease agreement for the project site has been finalized. The company has initiated the interconnection process, which includes a preliminary screening analysis to assess grid capacity and technical feasibility. Once approval is granted, PowerBank plans to move…
NOTE TO INVESTORS: The latest news and updates relating to SUUN are available in the company’s newsroom at https://ibn.fm/SUUN
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