FAQ: PowerBank's 6.9 MW NY-Crawford Rd Community Solar Project in New York's Capital District
Summary
PowerBank Corporation has leased a site for a 6.9 MW DC ground-mount solar project in New York's Capital District that will deliver clean, cost-saving power to local residents through a community solar model. The project is expected to qualify for NYSERDA incentives and supports New York's 6 GW solar capacity goal under the state's Climate Leadership and Community Protection Act.
What is the main announcement in this content?
PowerBank Corporation has executed a lease agreement for its 6.9 MW DC NY-Crawford Rd ground-mount solar project in New York’s Capital District, which will operate as a community solar project delivering clean, cost-saving power to local residents.
Where is this solar project located?
The project is located in New York’s Capital District at the NY-Crawford Rd site.
What is the capacity of this solar project?
The project has a capacity of 6.9 MW DC (megawatts direct current).
What type of solar project is this and how will it benefit the community?
This is a community solar project that will deliver clean, cost-saving power to local residents through the community solar model, allowing multiple participants to benefit from the solar energy generated.
What incentives is this project expected to qualify for?
The project is expected to qualify for incentives under NYSERDA’s NY-Sun Program.
What is PowerBank Corporation’s experience in solar development?
PowerBank has developed over 100 MW of completed solar projects and has a 1 GW development pipeline, leveraging this track record to support New York’s solar capacity goals.
How does this project support New York’s renewable energy goals?
The project supports New York’s 6 GW solar capacity goal under the state’s Climate Leadership and Community Protection Act.
What are the next steps for this project?
PowerBank is currently advancing interconnection and permitting steps while securing project financing to move the project forward.
Where can I find more information about PowerBank Corporation?
You can learn more about PowerBank by visiting www.powerbankcorp.com or accessing their newsroom at https://ibn.fm/SUUN.
What types of projects does PowerBank typically develop?
PowerBank focuses on distributed and community solar projects and Battery Energy Storage System (BESS) projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers across North America.
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