PowerBank Corporation Advances 6.9 MW Community Solar Project in New York's Capital District

PowerBank Corporation has executed a lease agreement for its 6.9 MW DC NY-Crawford Rd ground-mount solar project located in New York's Capital District. The project is expected to qualify for incentives under NYSERDA's NY-Sun Program and will deliver clean, cost-saving power to local residents through a community solar model. This development represents another step forward in New York's ambitious renewable energy transition as the state works toward its climate objectives under the Climate Leadership and Community Protection Act.

The company is currently advancing interconnection and permitting processes while securing project financing for the initiative. PowerBank brings substantial experience to this project, having completed over 100 MW of solar projects previously. The company also maintains a development pipeline of 1 GW, positioning it to contribute significantly to New York's 6 GW solar capacity goal. Community solar projects like NY-Crawford Rd enable residents who cannot install solar panels on their own properties to benefit from renewable energy. Subscribers typically receive credits on their electricity bills for the power generated by their share of the solar array, making clean energy more accessible and affordable for a broader segment of the population.

This model has gained traction across New York as the state accelerates its renewable energy transition. PowerBank Corporation operates as an independent renewable and clean energy project developer and owner, focusing on distributed and community solar projects across North America. The company develops solar and Battery Energy Storage System projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. Additional information about the company is available at https://www.powerbankcorp.com. The full press release containing this announcement can be accessed at https://ibn.fm/RAVhE.

The project's importance lies in its contribution to New York's broader climate strategy while addressing energy equity concerns. By utilizing the community solar model, the development helps overcome barriers that have traditionally limited solar access to homeowners with suitable rooftops and financial means. This approach aligns with New York's commitment to ensuring that the benefits of clean energy transition reach all communities, particularly those that have been historically underserved in energy markets. The Crawford Road project represents a tangible implementation of the state's policy framework designed to accelerate renewable energy deployment while promoting energy justice.