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PowerBank Corporation executed a lease agreement for the ON-765 West Solar Project, a 4 MW ground-mount facility in…
SUUNPOWERBANK Corp
PowerBank Corporation executed a lease agreement for the ON-765 West Solar Project, a 4 MW ground-mount facility in North Bruce Peninsula, Ontario. The project is expected to generate enough clean electricity to power approximately 640 homes and may qualify for the Canadian federal government's Clean Technology Investment Tax Credit of up to 30% of capital costs. PowerBank plans to complete preliminary assessments and advance the permitting process next. The company has over 100 MW of completed projects and a development pipeline exceeding 1 GW. PowerBank Corporation is an independent North American energy developer that builds, owns, and operates solar and battery energy storage systems.