PowerBank Corporation’s (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) 5.7 MW North Main St Project Clears Interconnection Study, Moves Toward Permitting
The 5.7 MW North Main St solar project in upstate New York is expected to qualify under the state’s VDER compensation mechanism, with a first-year average rate of $0.0971/kWh. Once operational, the community solar project will provide energy equivalent to 670 homes. PowerBank has more than 100 MW of projects built and a development pipeline exceeding 1 GW. New York remains a central market, targeting 6 GW of solar capacity by 2025 under its Climate Leadership and Community Protection Act. Disseminated on behalf of PowerBank Corporation PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of…