PowerBank Awarded NYPA Contract to Develop 1.6 MW Solar Project at SUNY Oneonta
PowerBank Corporation (PBK) has been awarded a contract by the New York Power Authority (NYPA) to develop and construct a 1.628 megawatt ground-mounted solar project on the campus of SUNY Oneonta in New York. The initiative is expected to generate recurring energy revenue for the company, while also qualifying it for approximately $1.4 million in federal investment tax credits. The project will be owned and operated by PowerBank after its completion. This development aligns with growing interest in renewable energy infrastructure across the U.S., particularly within educational institutions seeking sustainable power solutions.
