PowerBank Corporation Secures 20 MW Solar and Storage Project Portfolio with New York State Military Division
PowerBank Corporation has secured agreements to develop a 20 MW solar and battery storage portfolio across New York Army National Guard facilities, advancing the state's clean energy and military resilience objectives.
PowerBank Corporation has executed lease and power purchase agreements with the New York State Division of Military and Naval Affairs to develop a 20 MW DC portfolio of solar and battery storage projects across multiple Army National Guard facilities. Selected through a competitive process led by the New York Power Authority, the portfolio represents a significant step in advancing the state's clean energy infrastructure while enhancing military operational resilience.
The project portfolio includes ground mount, rooftop, and parking canopy systems, comprising approximately 19 MW of solar capacity and 1 MW/2 MWh of battery storage. This strategic combination addresses multiple objectives for the DMNA, including enhanced energy resilience, climate goal advancement, and substantial cost savings through renewable energy generation. The distributed nature of these installations across multiple military facilities ensures localized energy production and storage capabilities.
Construction is scheduled to begin by the end of 2025, with PowerBank's U.S. subsidiary, Abundant Solar Power, leading both development and financing efforts. This timeline aligns with New York's broader renewable energy deployment goals and demonstrates the growing partnership between private renewable energy developers and government entities in advancing clean energy infrastructure. The project's scale and scope highlight the increasing importance of battery storage integration with solar generation to ensure reliable power supply.
The agreement represents a notable expansion of PowerBank's project portfolio in the northeastern United States, building on the company's existing development pipeline of over one gigawatt across North America. PowerBank has previously developed renewable and clean energy projects with a combined capacity of over 100 megawatts, establishing the company as an experienced player in the distributed generation market. Additional information about the company's operations can be found at https://www.powerbankcorp.com.
This development comes as New York continues to advance its climate leadership goals, with military installations increasingly seen as strategic locations for renewable energy deployment. The integration of solar and storage technologies at National Guard facilities provides dual benefits of operational resilience during grid disruptions and cost-effective energy management. The full details of the announcement are available at https://ibn.fm/Rl6Ka, while forward-looking information and disclosures can be accessed at https://ibn.fm/8xKD1.