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Production / Operations

PowerBank Announces a Combined 42 MW across 9 Projects Have Been Advanced Under Spring Mobilization in New York State

By The Northwire Desk — AI Analysis Mar 17, 2026 · 07:07 SUNN · 0.93 POWERBANK CORPORATION
SUNN · Price

Executive Summary

  • PowerBank Corporation announced spring mobilization for nine solar and battery storage projects in New York State, moving them into the initial construction phase.
  • The combined portfolio comprises 42.24 MW of solar generation capacity and 21.76 MWh of battery energy storage.
  • Once operational, the projects are expected to generate enough electricity to power approximately 5,280 homes annually and will include community‑solar offerings.

Key Details

  • Projects Mobilized: Jordan Rd 1 & 2, Elmira, Newark, Camp Smith, plus additional unnamed sites (total of nine).
  • Solar Capacity: 42.24 MW across rooftop, carport, and ground‑mounted installations.
  • Battery Storage Capacity: 21.76 MWh of energy storage systems.
  • Construction Phase: Spring mobilization includes site preparation activities; final permits and financing are still required.
  • Community Impact: Expected to serve ~5,280 homes per year; several sites will operate as community‑solar projects allowing subscribers to receive bill credits.
  • Strategic Context: Contributes toward New York’s Climate Leadership and Community Protection Act goal of 6 GW solar capacity by 2025.
  • Company Background: Over 100 MW of completed projects and a development pipeline exceeding 1 GW.
  • Financing Strategy: PowerBank may finance the projects directly as IPP assets, sell them to third parties while remaining an EPC contractor, or use a hybrid approach.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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