Article

PowerBank Corporation has signed a lease for a 5 MW AC hybrid solar and battery project in New York, eligible for state incentives and federal Investment Tax Credits. The NY-Holland Glnwd project aims to operate as a community solar facility, providing participants with electric bill credits, while supporting New York's goal of achieving 6 GW of solar capacity by 2025. Preliminary interconnection screening is underway, and PowerBank will move forward with permitting and financing upon approval.