PowerBank Secures Municipal Approvals for 14.4 MW Community Solar Projects in Skaneateles
TL;DR
PowerBank Corporation gains municipal approvals for two 14.4 MW solar projects, positioning it to expand its 1 GW pipeline and capitalize on New York's renewable energy incentives.
PowerBank secured municipal approvals for two solar projects on brownfield sites, awaiting DEC approval and financing before construction begins to deliver 14.4 MW of community solar.
PowerBank's solar projects repurpose brownfield sites to provide clean energy, supporting New York's climate goals and offering subscribers monthly electricity bill credits for a sustainable future.
PowerBank transforms unused industrial land into solar farms, generating 14.4 MW of clean energy while giving subscribers monthly bill credits and supporting local sustainability.
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PowerBank Corporation (NASDAQ: SUUN) has secured all required municipal approvals for two community solar projects totaling 14.4 megawatts of capacity in Skaneateles, New York. The company obtained variances, site plan approval, and a special use permit for the projects, which now await final approval from the New York Department of Environmental Conservation before construction can commence.
The solar installations will be developed on industrial brownfield sites within Onondaga County in the Finger Lakes region. This approach represents an environmentally beneficial reuse of land with otherwise limited economic potential, transforming underutilized properties into productive clean energy assets. The projects align with New York's Climate Leadership and Community Protection Act, which targets 6 gigawatts of solar capacity by 2025 as part of the state's broader renewable energy objectives.
Once operational, the solar facilities will feed clean energy directly into the local grid, providing subscribers with monthly credits on their electricity bills through community solar programs. This model enables residents and businesses to benefit from renewable energy without installing individual solar panels, making clean power more accessible and affordable for the community.
PowerBank, which specializes in distributed and community solar initiatives throughout Canada and the United States, brings substantial experience to these projects. The company has already developed more than 100 megawatts of completed renewable energy projects and maintains a development pipeline exceeding 1 gigawatt across North America. Additional information about the company's operations and projects can be found at https://ibn.fm/yLdyR.
The advancement of these projects demonstrates the growing momentum behind community solar initiatives, particularly those that repurpose previously developed land. By utilizing brownfield sites, developers can minimize environmental impact while contributing to local economic revitalization. The successful development of these facilities would not only support New York's renewable energy targets but also serve as a model for similar projects in other regions seeking to balance economic development with environmental sustainability.
Curated from NewMediaWire
