By: NewMediaWire
October 7, 2025
PowerBank (SUUN) Leases Site for 6.9 MW NY-Crawford Rd Community Solar Project in New York's Capital District
LOS ANGELES, CA - October 7, 2025 (NEWMEDIAWIRE) - Disseminated on behalf of PowerBank Corporation
PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103), a North American energy infrastructure developer and asset owner, announced it has executed a lease agreement for its 6.9 MW DC NY-Crawford Rd ground-mount solar project in New York’s Capital District. Expected to qualify for incentives under NYSERDA’s NY-Sun Program, the project will deliver clean, cost-saving power to local residents through a community solar model. PowerBank is advancing interconnection and permitting steps while securing project financing, leveraging its track record of over 100 MW of completed solar projects and a 1 GW development pipeline to support New York’s 6 GW solar capacity goal under the state’s Climate Leadership and Community Protection Act.
To view the full press release, visit https://ibn.fm/RAVhE
About PowerBank
PowerBank Corporation is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA. The Company develops solar and Battery Energy Storage System (BESS) projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. The Company maximizes returns via a diverse portfolio of projects across multiple leading North America markets including projects with utilities, host off-takers, community solar, and virtual net metering projects. The Company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built.
To learn more about PowerBank, please visit www.powerbankcorp.com .
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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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