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PowerBank Advances 3.15 MW Project in New York, With Capacity to Power 393 Homes
PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103), a leader in North American energy infrastructure development and asset ownership, proudly announces that its 3.15 MW DC hybrid solar plus energy storage project (the "Project") in Buffalo, New York has passed two major permitting approvals, including a Waterfront Consistency Review and a Zoning Map Amendment, enabling the Project to go before the Zoning Board of Appeals for an Area Variance. The project was previously announced her
About this update from Powerbank Corporation
[{"type":"text","content":"TORONTO, Dec. 16, 2025 /CNW/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103), a leader in North American energy infrastructure development and asset ownership, proudly announces that its 3.15 MW DC hybrid solar plus energy storage project (the "Project") in Buffalo, New York has passed two major permitting approvals, including a Waterfront Consistency Review and a Zoning Map Amendment, enabling the Project to go before the Zoning Board of Appeals for an Area Variance. The project was previously announced here and will include 1.2 MWh of energy storage.","length":596,"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/b97c16fdf64264ec82a045673ceecf57"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ekyVdZa22MlsVJHQuzALRw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE0MjtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/b97c16fdf64264ec82a045673ceecf57","width":386,"height":78}},"href":"https://mma.prnewswire.com/media/2846017/PowerBank_Corporation_PowerBank_Advances_3_15_MW_Project_in_New.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Upon securing final permits and financing, PowerBank will commence construction, with the project set to operate as a community solar project. This innovative model enables renters, businesses, and homeowners to subscribe to the solar farm, receiving bill credits and savings without installing on-site equipment. By feeding clean energy directly into the local grid, South Park offers an accessible pathway for New Yorkers to embrace the clean energy transition.","length":463,"tagName":"p"},{"type":"text","content":"The Project is expected to be eligible for financial incentives through NYSERDA's NY-Sun and Retail Energy Storage Incentive Programs. The Project is also expected to remain eligible for federal investment tax credits under the One Big Beautiful Bill Act of 2025.","length":267,"tagName":"p"},{"type":"text","content":"PowerBank's proven expertise, with over 100 MW of completed projects and a development pipeline exceeding 1 GW, underpins the project's execution. St...