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By: NewMediaWire
September 15, 2025

Curated TLDR

PowerBank (SUUN) Expands U.S. Energy Portfolio With New York and Pennsylvania Projects

LOS ANGELES, CA - September 15, 2025 (NEWMEDIAWIRE) - Disseminated on behalf of PowerBank Corporation

  • PowerBank has secured site control for a 2.8 MW solar project in upstate New York and a 3.16 MW project in Pennsylvania.
  • The Day Hollow, NY project could supply enough electricity for 374 homes and qualify under New York’s Value of Distributed Energy Resources (“VDER”) program.
  • Both projects are progressing to the interconnection study phase, a key step before construction.
  • The Pennsylvania project depends on final approval of House Bill 1842, which would allow community solar programs in the state.
  • PowerBank has now developed more than 100 MW of renewable energy projects and has a pipeline exceeding 1 GW, with a strategy that creates value for all stakeholders by growing its portfolio of cash generating IPP assets for recurring revenue or completing strategic project sales.

PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), 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 two new U.S. developments in New York and in Pennsylvania, as it continues expanding its North American footprint.

The 2.8 MW Day Hollow solar project in upstate New York has secured site control, allowing it to move forward into the interconnection study phase, according to a company news release (https://ibn.fm/f8teZ). The project is expected to qualify under New York’s…

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This report contains forward-looking information. Please refer to https://ibn.fm/xDPgd for additional details.

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Forward Looking Statements

Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law.

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