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 community solar project in New York's Capital District that will deliver clean, cost-saving power to local residents. The project supports New York's climate goals and leverages PowerBank's extensive experience in developing over 100 MW of solar projects.
What is the NY-Crawford Rd solar project?
It is 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.
Where is this solar project located?
The project is located in New York’s Capital District, specifically at the NY-Crawford Rd site.
Who is developing this solar project?
PowerBank Corporation (NASDAQ: SUUN, Cboe CA: SUNN, FSE: 103), a North American energy infrastructure developer and asset owner, is developing the project.
What is the current status of the project?
PowerBank has executed a lease agreement and is currently advancing interconnection and permitting steps while securing project financing.
What incentives does this project qualify for?
The project is expected to qualify for incentives under NYSERDA’s NY-Sun Program.
How does the community solar model work?
The community solar model delivers clean, cost-saving power to local residents, allowing them to benefit from solar energy without installing panels on their own property.
What is PowerBank’s experience in solar development?
PowerBank has a track record of over 100 MW of completed solar projects and a 1 GW development pipeline across North America.
How does this project support New York’s energy goals?
The project supports New York’s 6 GW solar capacity goal under the state’s Climate Leadership and Community Protection Act.
What types of projects does PowerBank typically develop?
PowerBank develops solar and Battery Energy Storage System (BESS) projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers, including community solar and virtual net metering projects.
Where can I find more information about PowerBank?
To learn more about PowerBank, visit www.powerbankcorp.com or view the full press release at https://ibn.fm/RAVhE.
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