Disseminated on behalf of PowerBank Corporation
PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103), a leader in North American energy infrastructure development and asset ownership, announced it has secured all required municipal approvals for two community solar projects on industrial brownfield sites in Skaneateles, New York, located in Onondaga County. With variances, site plan approval and a special use permit in place, the projects will now pursue approval from the New York Department of Environmental Conservation ahead of construction. Once operational, the projects will deliver clean energy to the local grid, allowing renters and homeowners to subscribe and earn bill credits without installing panels on their properties. Supported by PowerBank’s track record of more than 100 MW of completed projects and a 1 GW development pipeline, the Skaneateles projects will advance New York’s Climate Leadership and Community Protection Act goal of 6 GW of solar capacity by 2025.
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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 .
This report contains forward-looking information. Please refer to
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