NetworkNewsBreaks – PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) Advances 5.7 MW North Main St Solar Project in New York Following CESIR Completion
Disseminated on behalf of PowerBank Corporation
PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103), a North American energy infrastructure developer and asset owner, announced that its 5.7 MW North Main St ground-mount solar project in upstate New York has completed its Coordinated Electric System Interconnection Review and will now advance to site permitting. The project is expected to qualify for New York’s Value of Distributed Energy Resources compensation mechanism with an estimated first-year average rate of US$0.0971/kWh. Once permitted and financed, construction will begin on the community solar initiative, which will deliver clean energy to the local grid while enabling renters, businesses and homeowners to subscribe for bill credits and savings. PowerBank, with over 100 MW of completed projects and a development pipeline exceeding 1 GW, said the project supports New York’s Climate Leadership and Community Protection Act goal of 6 GW of solar by 2025.
To learn more about PowerBank, please visit www.powerbankcorp.com .
This report contains forward-looking information. Please refer to https://ibn.fm/pSPnr for additional details.
NOTE TO INVESTORS: The latest news and updates relating to SUUN are available in the company’s newsroom at https://nnw.fm/SUUN
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
Disseminated on behalf of PowerBank Corporation
PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103), a North American energy infrastructure developer and asset owner, announced that its 5.7 MW North Main St ground-mount solar project in upstate New York has completed its Coordinated Electric System Interconnection Review and will now advance to site permitting. The project is expected to qualify for New York’s Value of Distributed Energy Resources compensation mechanism with an estimated first-year average rate of US$0.0971/kWh. Once permitted and financed, construction will begin on the community solar initiative, which will deliver clean energy to the local grid while enabling renters, businesses and homeowners to subscribe for bill credits and savings. PowerBank, with over 100 MW of completed projects and a development pipeline exceeding 1 GW, said the project supports New York’s Climate Leadership and Community Protection Act goal of 6 GW of solar by 2025.
To learn more about PowerBank, please visit www.powerbankcorp.com .
This report contains forward-looking information. Please refer to https://ibn.fm/pSPnr for additional details.
NOTE TO INVESTORS: The latest news and updates relating to SUUN are available in the company’s newsroom at https://nnw.fm/SUUN
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
