PowerBank Corporation Secures 20 MW Solar and Storage Project Portfolio with New York Military Division

PowerBank Corporation has executed lease and power purchase agreements with the New York State Division of Military and Naval Affairs to develop a 20 MW DC portfolio of solar and battery storage projects across multiple Army National Guard facilities. The portfolio, selected through a competitive process led by the New York Power Authority, represents a significant step in military infrastructure modernization and renewable energy adoption.

The project portfolio includes ground mount, rooftop, and parking canopy systems, comprising approximately 19 MW of solar capacity and 1 MW/2 MWh of battery storage. This strategic combination addresses multiple objectives for the DMNA, including enhanced energy resiliency, climate goal advancement, and operational cost reduction. The integration of battery storage ensures continuous power availability during grid disruptions, a critical consideration for military operations and national security infrastructure.

Construction is scheduled to begin by the end of 2025, with PowerBank's U.S. subsidiary, Abundant Solar Power, leading both development and financing efforts. The project timeline reflects the comprehensive planning required for military facility upgrades while maintaining operational readiness throughout the construction phase. Additional project details and specifications are available in the full press release.

This agreement demonstrates the growing intersection between renewable energy development and national security priorities. Military installations nationwide are increasingly turning to distributed energy resources to ensure operational continuity during emergencies and reduce dependence on vulnerable centralized grid systems. The New York DMNA project serves as a model for other states considering similar partnerships with private renewable energy developers.

The project's significance extends beyond immediate military applications, contributing to New York's broader climate objectives under the Climate Leadership and Community Protection Act, which mandates 70% renewable electricity by 2030. By leveraging underutilized military property for renewable generation, the state maximizes land use efficiency while advancing clean energy targets. Forward-looking information and risk factors associated with the project are detailed in the company's disclosure documents.

For investors and industry observers, this announcement underscores PowerBank's expanding presence in the distributed generation market and its capability to secure large-scale government contracts. The company maintains a development pipeline exceeding one gigawatt and has previously developed renewable energy projects with combined capacity over 100 megawatts. Continued updates regarding PowerBank's progress are available in the company's newsroom.

The partnership between private renewable energy developers and military entities represents an emerging trend in energy infrastructure development, combining private sector innovation with public sector stability. As climate resilience becomes increasingly integrated with national security planning, similar projects are likely to emerge across other states and military branches, creating new opportunities for renewable energy companies while strengthening critical infrastructure against climate-related disruptions and security threats.