StockWatch
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Power Generation
Project UpdateJul 2, 2026, 07:16 AM

PowerBank's SB-14 Solar Project Reaches Commercial Operation

AI Summary

PowerBank announced that its SB-14 community solar project has reached commercial operation. This project is part of a US$41 million engineering, procurement, and construction (EPC) agreement covering a portfolio of three community solar projects totaling 21 MW DC. The SB-14 project, built on a Honeywell industrial brownfield, is the second from the portfolio to achieve commercial operation, bringing the total clean energy generated to 14.02 MW. PowerBank also retains an operations and maintenance contract for the projects.

Key Highlights

  • SB-14 community solar project reached commercial operation.
  • Project is part of a US$41 million EPC agreement for a 21 MW DC portfolio.
  • SB-14 is the second project from the three-project portfolio to become operational.
  • Total clean energy generated from the portfolio now stands at 14.02 MW.
  • The project was built on an industrial brownfield owned by Honeywell.
  • PowerBank retains an operations and maintenance contract for the projects.
  • Company has over 100 MW of completed projects and a 1 GW development pipeline.