PowerBank Expands U.S. Renewable Energy Portfolio with New York and Pennsylvania Solar Projects

PowerBank Corporation has secured site control for a 2.8 MW solar project in upstate New York and a 3.16 MW project in Pennsylvania, marking significant expansion of its U.S. renewable energy portfolio. The Day Hollow, NY project could supply enough electricity for 374 homes and qualifies under New York's Value of Distributed Energy Resources program, providing clean energy to local communities while supporting state renewable energy targets.

Both projects are progressing to the interconnection study phase, a critical step before construction can begin. The Pennsylvania project's development depends on final approval of House Bill 1842, which would allow community solar programs in the state, potentially opening new markets for distributed solar energy generation. This expansion demonstrates PowerBank's strategic growth in North American renewable energy markets.

According to the company news release available at https://ibn.fm/f8teZ, PowerBank has now developed more than 100 MW of renewable energy projects and maintains a pipeline exceeding 1 GW. The company's strategy focuses on creating value for all stakeholders by growing its portfolio of cash-generating independent power producer assets for recurring revenue or completing strategic project sales. This approach supports long-term sustainability while contributing to the transition toward cleaner energy sources.

The latest news and updates relating to PowerBank are available in the company's newsroom at https://ibn.fm/SUUN. These developments represent PowerBank's continued commitment to expanding its renewable energy footprint across North America, supporting regional clean energy goals, and creating sustainable energy solutions for communities while generating value through strategic asset development and management.