FAQ: PowerBank Corporation's New 6.9 MW Solar Project in New York's Capital District
Summary
PowerBank Corporation is advancing a new 6.9 MW DC ground-mounted solar project in New York's Capital District that will power approximately 800 homes and contribute to New York's renewable energy goals.
What is the main announcement from PowerBank Corporation?
PowerBank Corporation has signed a lease agreement for a 6.9 MW DC ground-mounted solar project called NY-Crawford Rd in New York’s Capital District and has begun the interconnection application process.
Where is this new solar project located?
The project is located in New York’s Capital District and is specifically referred to as the NY-Crawford Rd Project.
How many homes will this solar project power once operational?
Once operational, the project will supply enough clean energy to power approximately 800 homes.
What incentives is this project expected to qualify for?
The project is expected to qualify for incentives under the NYSERDA NY-Sun Program.
What stage of development is the project currently in?
The company has already begun the interconnection application and preliminary screening analysis, marking the first stage of development.
What is PowerBank Corporation’s experience in renewable energy projects?
PowerBank brings experience from over 100 MW of completed projects and has a development pipeline exceeding 1 GW.
How does this project contribute to New York’s climate goals?
This project contributes to New York’s Climate Leadership and Community Protection Act goal of achieving 6 GW of solar capacity by 2025.
What type of solar project is this and what is PowerBank’s specialization?
This is a distributed and community solar project, which aligns with PowerBank’s specialization in distributed and community solar initiatives throughout Canada and the U.S.
Where can investors find the latest news and updates about PowerBank Corporation?
The latest news and updates relating to SUUN (PowerBank’s NASDAQ ticker) are available in the company’s newsroom at https://ibn.fm/SUUN.
What are PowerBank Corporation’s stock ticker symbols?
PowerBank Corporation trades under NASDAQ: SUUN, Cboe CA: SUNN, and FSE: 103.
This story is based on an article that was registered on the blockchain. The original source content used for this article is located at InvestorBrandNetwork (IBN)
Article Control ID: 257064