Curated News
By: NewsRamp Editorial Staff
October 07, 2025
PowerBank Launches 6.9 MW Solar Project in NY Capital District
TLDR
- PowerBank's new 6.9 MW solar project offers investors exposure to New York's growing renewable energy market and potential NY-Sun Program incentives.
- PowerBank is advancing interconnection, permitting, and financing for its 6.9 MW DC ground-mount solar project using community solar distribution to local residents.
- This community solar project provides clean, cost-saving power to local residents while supporting New York's climate goals for a more sustainable future.
- PowerBank leverages its 100 MW completed solar experience to develop this 6.9 MW project as part of New York's ambitious 6 GW solar capacity target.
Impact - Why it Matters
This development accelerates New York's transition to renewable energy while providing local residents with access to affordable clean power through community solar. As climate change concerns intensify and energy costs remain volatile, projects like this demonstrate how corporate investment in renewable infrastructure can deliver both environmental benefits and economic savings to communities. The expansion of community solar models makes clean energy accessible to households that cannot install rooftop systems, democratizing renewable energy access while supporting state climate goals. For investors, it represents growing opportunities in the renewable energy sector as governments worldwide implement aggressive clean energy targets.
Summary
PowerBank Corporation (NASDAQ: SUUN, Cboe CA: SUNN, FSE: 103), a prominent North American energy infrastructure developer and asset owner, has announced a significant milestone in renewable energy development with the execution of a lease agreement for its 6.9 MW DC NY-Crawford Rd ground-mount solar project in New York's Capital District. This strategic initiative positions the company to capitalize on New York's ambitious clean energy goals while delivering tangible benefits to local communities. The project is expected to qualify for valuable incentives under NYSERDA's NY-Sun Program, enhancing its economic viability and accelerating the transition to sustainable energy solutions in the region.
The community solar model at the heart of this development represents a transformative approach to energy distribution, enabling local residents to access clean, cost-saving power without requiring individual rooftop installations. PowerBank is currently advancing critical project phases including interconnection and permitting while securing necessary project financing, leveraging its impressive track record of over 100 MW of completed solar projects and a substantial 1 GW development pipeline. This expansion directly supports New York's Climate Leadership and Community Protection Act, which targets 6 GW of solar capacity statewide, demonstrating PowerBank's commitment to aligning corporate growth with environmental stewardship and community benefit.
As an independent renewable and clean energy project developer, PowerBank specializes in distributed and community solar projects across Canada and the United States, with a diverse portfolio that includes Battery Energy Storage System (BESS) projects serving utilities, commercial, industrial, municipal, and residential off-takers. The company's strategic approach maximizes returns through geographic and market diversification, including virtual net metering projects that expand access to renewable energy. Readers interested in learning more about PowerBank's comprehensive renewable energy initiatives can visit the InvestorBrandNetwork website for additional details about this forward-looking development and the company's broader vision for sustainable energy infrastructure.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, PowerBank Launches 6.9 MW Solar Project in NY Capital District
