PowerBank secures safe harbor for 30 MW solar storage projects

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PowerBank Announces Safe Harbor of 30 MW and 31 MWh of Distributed Solar and Energy Storage Projects

June 9, 2026 7:07 AM EDT

$74.3 Million USD Construction Value of Projects

$29.7 Million USD Estimated Value of Potential Tax Credits

Projects Expected to Power Equivalent of 3,500 Homes

Community Solar and Energy Storage Projects Remain Eligible for 30% Investment Tax Credit and Potential Bonus Adders

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated June 5, 2025 to its short form base shelf prospectus dated May 7,... More