PowerBank Secures 20 MW Solar and Storage Project Portfolio With New York State Military Division

PowerBank Corporation (NASDAQ: SUUN) 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 advancement in military infrastructure resilience and clean energy adoption.

The project portfolio includes ground mount, rooftop, and parking canopy systems comprising approximately 19 MW of solar generation capacity and 1 MW/2 MWh of battery storage. This strategic combination addresses multiple critical needs for military facilities: enhanced energy security during grid disruptions, reduced operational costs through on-site power generation, and progress toward climate goals through clean energy deployment. Construction is scheduled to begin by the end of 2025, with PowerBank's U.S. subsidiary, Abundant Solar Power, leading development and financing efforts.

This development signals the growing importance of distributed energy resources in critical infrastructure planning. Military facilities nationwide are increasingly turning to solar and storage solutions to ensure operational continuity during emergencies while reducing their environmental footprint. The New York State DMNA project demonstrates how public-private partnerships can accelerate clean energy adoption while supporting national security objectives. For more detailed information about the project scope and specifications, readers can refer to the full press release.

The project's significance extends beyond immediate military applications, serving as a model for other government agencies and commercial entities seeking to enhance energy resilience. As extreme weather events and grid vulnerabilities become more frequent, the ability to maintain operations through distributed generation and storage becomes increasingly valuable. PowerBank's development of this portfolio positions the company as a key player in the growing market for institutional and government renewable energy projects. Additional corporate information and forward-looking statements can be found at the company's disclosure page.

This agreement represents a substantial step forward in New York's broader clean energy strategy, which includes ambitious targets for renewable energy deployment and grid modernization. The integration of solar generation with battery storage at military facilities creates a replicable template for other states and federal agencies looking to combine energy security with environmental stewardship. As the renewable energy sector continues to evolve, projects like this demonstrate the economic and operational viability of distributed energy systems for critical infrastructure applications.