Curated News
By: NewsRamp Editorial Staff
October 07, 2025

PowerBank Advances 6.9 MW Solar Project in NY Capital District

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Original Source

TLDR

  • PowerBank's new 6.9 MW solar project leverages NYSERDA incentives and community solar model to deliver competitive cost savings while expanding their 1 GW development pipeline.
  • PowerBank is executing interconnection, permitting, and financing steps for their 6.9 MW NY-Crawford Rd solar project that qualifies for NY-Sun Program incentives.
  • This community solar project provides clean, affordable power to local residents while supporting New York's climate goals for a more sustainable future.
  • PowerBank is developing a 6.9 MW ground-mount solar project in New York's Capital District with over 100 MW of completed solar experience.

Impact - Why it Matters

This development represents a tangible step toward New York's 6 GW solar capacity goal under the Climate Leadership and Community Protection Act, directly impacting local residents through community solar that delivers clean, cost-saving electricity. As climate change concerns intensify and energy costs remain volatile, community solar projects like this provide accessible renewable energy options without requiring individual homeowners to install their own systems. The project demonstrates how private sector investment in renewable infrastructure can accelerate state climate goals while creating local economic benefits and advancing energy independence. For investors, it showcases PowerBank's execution capabilities in a growing market segment with strong policy support, potentially signaling broader renewable energy adoption trends across North America.

Summary

PowerBank Corporation (NASDAQ: SUUN, Cboe CA: SUNN, FSE: 103), a prominent North American energy infrastructure developer and asset owner, has taken a significant step forward in renewable energy expansion by executing a lease agreement for its 6.9 MW DC NY-Crawford Rd ground-mount solar project in New York's Capital District. This strategic development positions the company to leverage New York State's ambitious clean energy goals while delivering tangible benefits to local communities through a community solar model that promises clean, cost-saving power for residents. The project is expected to qualify for valuable incentives under NYSERDA's NY-Sun Program, adding financial viability to its environmental mission as PowerBank advances interconnection and permitting processes while securing project financing.

Drawing from its impressive track record of developing over 100 MW of completed solar projects and managing a substantial 1 GW development pipeline, PowerBank demonstrates the expertise and capacity needed to support New York's ambitious 6 GW solar capacity target under the state's Climate Leadership and Community Protection Act. As an independent renewable and clean energy project developer focusing on distributed and community solar projects across Canada and the United States, the company specializes in developing solar and Battery Energy Storage System (BESS) projects that sell electricity to utilities, commercial, industrial, municipal, and residential off-takers. Their diverse portfolio strategy across multiple leading North American markets, including projects with utilities, host off-takers, community solar, and virtual net metering projects, maximizes returns while advancing clean energy adoption.

The announcement was disseminated through GreenEnergyStocks, a specialized communications platform within the Dynamic Brand Portfolio focused on companies shaping the future of the green economy. This platform provides comprehensive distribution services including access to wire solutions via InvestorWire, article and editorial syndication to over 5,000 outlets, enhanced press release services, social media distribution to millions of followers, and tailored corporate communications solutions. For investors and stakeholders seeking additional information, the company maintains resources at powerbankcorp.com and through various financial news platforms, while GreenEnergyStocks offers multiple channels for staying updated on green energy investment opportunities and developments in the rapidly evolving renewable energy sector.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, PowerBank Advances 6.9 MW Solar Project in NY Capital District

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