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PowerBank Announces New 5 MW Distributed Solar and Battery Energy Storage System Project in New York
PowerBank Corporation announced it has executed a lease agreement on a 5 MW AC hybrid solar plus battery energy storage project known as the NY-Holland Glnwd project (the “Project”), in New York. The Project is expected to be eligible for incentives under the New York State Energy Research and Development Authority (“NYSERDA“) NY-Sun and Retail Energy…
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Wärtsilä’s to support Kentucky Municipal Energy Agency
Technology group Wärtsilä has signed a ten-year optimised maintenance agreement with the Kentucky Municipal Energy Agency (KYMEA) in the United States. The agreement covers KYMEA’s new 75 MW power plant, Energy Center I, scheduled for commissioning in 2027. The plant will be powered by four Wärtsilä 50SG engines and will play an important role in…
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20 MW of Solar and BESS Power Purchase Agreements Secured by PowerBank with the New York State Division of Military and Naval Affairs (DMNA)
PowerBank Corporation announced it has executed lease and power purchase agreements with the New York State Division of Military and Naval Affairs (DMNA) for the development of a portfolio of ground mount, rooftop and parking canopy solar power projects and battery energy storage systems with a cumulative total of 20 MW DC. PowerBank intends to develop,…
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Nextracker Announces Acquisition of Origami Solar
Nextracker (Nasdaq: NXT), a leading solar technology platform provider, today announced its expansion into the solar panel frame market with the acquisition of Origami Solar, Inc., a pioneer in roll-formed steel frame technology, in an all-cash transaction of approximately $53 million including future contingent earnout consideration. Steel frames offer a high-performance alternative to traditional extruded aluminum…
