PowerBank Corporation Secures Lease for 5 MW Solar and Battery Project in New York

Key Facts

1PowerBank executed a lease agreement for a 5 MW AC hybrid solar plus battery energy storage project in upstate New York.

2The project is known as the NY-Conklin Hill Rd project and is located in upstate New York.

3The announcement constitutes a 'designated news release' for the purposes of the Company's prospectus supplement.

PowerBank Corporation (NASDAQ: SUUN) has officially secured a lease agreement for a new 5 MW AC hybrid solar and battery energy storage project in upstate New York. Known as the NY-Conklin Hill Rd project, this development marks a significant step in the company's strategy to expand its renewable energy infrastructure across North America. The facility will integrate solar power generation with advanced battery storage technology to enhance energy reliability in the region. According to the company, this announcement serves as a 'designated news release' for its current prospectus supplement. While the project is modest in scale, it reinforces PowerBank’s commitment to growing its portfolio of sustainable energy assets. Investors are monitoring the company's progress as it continues to scale its operations in the competitive renewable energy sector.