PowerBank's SB 13-2 Community Solar Project Now Operational
PowerBank Corp announced the commercial operation of SB 13-2, a 5 MW AC-class community solar project in New York. This project is part of a US$41 million portfolio of three community solar projects totaling 21 MW DC, which PowerBank sold to Honeywell in September 2023 and for which it also holds the EPC agreement. The company highlighted this as a significant milestone, demonstrating its full-cycle capabilities from origination to commercial operation. PowerBank is also strategically expanding its focus to serve the growing demand for on-site power generation for AI compute infrastructure and modular data centers, leveraging its over 100 megawatts of developed projects and a pipeline exceeding one gigawatt.
Key Highlights
- PowerBank announced commercial operation of SB 13-2, a 5 MW AC-class community solar project.
- SB 13-2 is part of a US$41 million transaction covering a portfolio of three community solar projects totaling 21 MW DC.
- The projects were sold to Honeywell in September 2023, with PowerBank undertaking EPC agreement.
- The project is built on an industrial brownfield regulated by the New York State Department of Environmental Conservation.
- PowerBank has developed and constructed over 100 megawatts of clean energy projects across North America.
- The company has a pipeline exceeding one gigawatt and is expanding into AI compute infrastructure and modular data centers.
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