FAQ: PowerBank Corporation's Pennsylvania Solar Project Site Control Achievement

What is the main announcement from PowerBank Corporation?

PowerBank Corporation has secured site control for its 3.16 MW Honesdale ground-mount solar project in Pennsylvania, advancing the project to the interconnection study phase.

Where is this solar project located?

The solar project is located in Honesdale, Pennsylvania.

What type of solar project is this and how will it operate?

This is a community solar initiative designed to operate as a ground-mount solar project, subject to final approval of Pennsylvania House Bill 1842.

Why is this project significant for PowerBank Corporation?

The project aligns with PowerBank’s goal of delivering clean, affordable energy while expanding access to residents across income levels and represents progress in their renewable energy development pipeline.

What is the current status of the project?

The project has secured site control and is advancing to the interconnection study phase.

What is PowerBank Corporation’s business focus?

PowerBank is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA, including solar and Battery Energy Storage System (BESS) projects.

What is the scale of PowerBank’s development pipeline?

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.

Where can I find more information about PowerBank Corporation?

You can visit their website at www.powerbankcorp.com or view the full press release at https://ibn.fm/eJY8W.

What should investors know about following updates on PowerBank?

The latest news and updates relating to SUUN (PowerBank’s NASDAQ ticker) are available in the company’s newsroom at https://ibn.fm/SUUN.