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$168 Million USD in Construction Value of Projects - PowerBank Shares Additional Information on the Safe Harbor of 15 Distributed Solar and Energy Storage Projects in New York State
PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company"), a leader in North American energy infrastructure development and asset ownership, is pleased to share additional updates following the recent announcement of the safe harbor of 15 late-stage distributed solar and energy storage projects (the "Projects") across New York state. The Projects are expected to bring approximately 67 MW DC of solar and 11 MWh of energy storage to the State. See associated pr
About this update from Powerbank Corporation
[{"type":"text","content":"$65 million USD of Investment Tax Credit Eligibility","length":52,"tagName":"p","attribs":{}},{"type":"text","content":"Projects to Power Equivalent of 7,500 Homes","length":43,"tagName":"p","attribs":{}},{"type":"text","content":"Community Solar and Energy Storage Projects Remain Eligible for 30% Investment Tax Credit and Potential Bonus Adders","length":116,"tagName":"p","attribs":{}},{"type":"text","content":"TORONTO, Dec. 4, 2025 /CNW/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company"), a leader in North American energy infrastructure development and asset ownership, is pleased to share additional updates following the recent announcement of the safe harbor of 15 late-stage distributed solar and energy storage projects (the "Projects") across New York state. The Projects are expected to bring approximately 67 MW DC of solar and 11 MWh of energy storage to the State. See associated press release here.","length":582,"tagName":"p"},{"type":"image","alt":"PowerBank Logo (CNW Group/PowerBank Corporation)","displaySize":"","headline":null,"caption":"PowerBank Logo (CNW Group/PowerBank Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":386,"height":78,"url":"https://media.zenfs.com/en/cnwgroup.com/b79fe33c33f6814c3e3003011685c43c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/BbxNf0yc7VcH7nYdQKSdPA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE0MjtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/b79fe33c33f6814c3e3003011685c43c","width":386,"height":78}},"href":"https://mma.prnewswire.com/media/2838168/PowerBank_Corporation__168_Million_USD_in_Construction_Value_of.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"For 14 of the 15 Projects, the Company has secured positive interconnection studies with the local utility. The Company has been working to complete the permitting process and secure the necessary financing for the construction of the Projects.","length":244,"tagName":"p"},{"type":"text","content":"PowerBank Corporation has the option to continue as the owner on some or all of the Projects under its expanding portfolio as an Independent Power Producer and intends on delivering the full EPC scope for the Projects whether it retains ownership or not.","length":254,"tagName":"p"},{"type":"text...