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PowerBank Corporation

PowerBank Corporation is an independent developer, power producer, and asset operator in renewable and clean energy, active in Canada and the United States. It operates through Development & EPC, IPP Production, and Other segments, focusing on solar photovoltaic generation, battery energy storage systems, and EV-charging projects, including grid-connected solar PV plants and battery storage. The company offers expertise in site origination, grid interconnection, permitting, financing, engineering, procurement and construction, operations and maintenance, independent power producer facilities, and asset management for solar PV plants. It also develops solar projects that sell electricity to commercial, industrial, municipal, residential, and utility off-takers. Formerly SolarBank Corporation, it changed its name to PowerBank Corporation in July 2025, was incorporated in 2013, and is headquartered in Toronto, Canada.

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Energy Transition & Power Demand▲

Honeywell Community Solar Project SB-14 Achieves Commercial Operation in Upstate New York

PowerBank Corporation announced that the 7.01 MW DC ground-mount community solar project known as SB-14 in upstate New York has achieved commercial operation. The project is the second of three in a portfolio totaling 21 MW DC, developed and constructed by PowerBank for Honeywell under a US$41 million engineering, procurement, and construction agreement. With SB-14 online, 14.02 MW of clean energy is now being generated for the community, capable of powering approximately 875 homes annually. The facility operates as a community solar site, selling credits to subscribers under the NYSERDA NY-Sun Program, and is built on an industrial brownfield owned by Honeywell. PowerBank has retained an operations and maintenance contract for the projects.
About megatrends
Energy Transition & Power Demand › Solar ▲Supply
SUUN · Demand · Positive PowerBank developed and constructed the project for Honeywell under a $41M EPC agreement and retained O&M contract
SUUN · Demand · Positive PowerBank developed and constructed the project for Honeywell under a $41M EPC agreement and retained O&M contract
HON · Demand · Positive Honeywell's community solar project SB-14 achieved commercial operation, generating clean energy and credits under NY-Sun Program
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PR Newswire·96dRead more →
Energy Transition & Power Demand▲

Honeywell Community Solar Project SB 13-2 Achieves Commercial Operation in Upstate New York

PowerBank Corporation announced that the 7.01 MW DC Honeywell community solar project SB 13-2 in upstate New York has achieved commercial operation. The project is part of a US$41 million transaction covering a portfolio of three community solar projects totaling 21 MW DC developed and constructed by PowerBank for Honeywell. The ground-mount facility is built on an industrial brownfield owned by Honeywell and is expected to operate as a community solar site, selling credits to subscribers under the NYSERDA NY-Sun Program. The project is planned to transfer from Honeywell International to Honeywell Aerospace upon the completion of the spinoff on June 29, 2026. PowerBank has now developed and constructed over 100 megawatts of clean energy projects across North America, with a pipeline exceeding one gigawatt.
About megatrends
Energy Transition & Power Demand › Solar ▲Supply
SUUN · Demand · Positive PowerBank developed and constructed the project, part of a $41M portfolio, and has over 1 GW pipeline
SUUN · Demand · Positive PowerBank developed and constructed the project, part of a $41M portfolio, and has over 1 GW pipeline
HON · Demand · Positive Honeywell's community solar project achieves commercial operation, generating revenue from credit sales
Read original ↗
PR Newswire·103dRead more →