PowerBank Completes 7.01 MW Community Solar Project SB-14 Commercial Operation
PowerBank (PBK) announced that the 7.01 MW DC / 5 MW AC ground-mount community solar project known as SB-14 located in upstate New York has achieved commercial operation. The 7.01 MW Project was developed and constructed by PowerBank for Honeywell (HON) as part of the company's $41M engineering, procurement, and construction agreement covering a portfolio of three community solar projects totaling 21 MW DC. The project is built on an industrial brownfield owned by Honeywell, which is regulated by the New York State Department of Environmental Conservation. The project has been moved from Honeywell to Honeywell Aerospace, following the planned spinoff of Honeywell Aerospace on June 29. PowerBank originated the site and developed SB-14 as part of a three-project portfolio alongside SB 13-1 and SB 13-2. This is the second project from the portfolio to reach commercial operation, and brings the total to 14.02 MW of clean energy. PowerBank has retained an operations and maintenance contract for the projects.
