Honeywell Community Solar Project SB-14 Successfully Achieves Commercial Operation in Upstate New York
PR Newswire
TORONTO, July 2, 2026
Project delivered under a US$41 million EPC agreement as part of the 21 MW DC Honeywell portfolio in upstate New York7.01 MW DC ground-mount solar facility now operational, capable of powering approximately 875 homes with clean energy annuallyProject expected to operate as a community solar site, selling credits to subscribers under the NYSERDA NY-Sun ProgramTORONTO, July 2, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: PBK) (Cboe CA: PBK) (FSE: 103) ("PowerBank" or the "Company"), a leader in independent energy development and asset ownership in North America, today announces that the 7.01 MW DC / 5 MW AC ground-mount community solar project known as SB-14 (the "Project"), located in upstate New York, has achieved commercial operation. The 7.01 MW Project was developed and constructed by PowerBank for Honeywell International Inc. (NASDAQ: HON) ("Honeywell") as part of the Company's US$41 million engineering, procurement, and construction ("EPC") agreement covering a portfolio of three community solar projects totaling 21 MW DC. The Project is built on an industrial brownfield owned by Honeywell, which is regulated by the New York State Department of Environmental Conservation. The Project has been moved from Honeywell International Inc. to Honeywell Aerospace Inc., following the planned spinoff of Honeywell Aerospace on June 29, 2026.
