PowerBank Approved for $1.97M from NYSERDA for Solar Project

Project also receives NYSDEC brownfield approvals

Published on Mar. 10, 2026

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PowerBank Corporation, a leader in distributed solar energy, has been approved for up to $1,965,579 in incentives from the New York State Energy Research and Development Authority (NYSERDA) for its 7 MW Jordan Rd 1 community solar project located in Skaneateles Falls, New York. The project is also expected to qualify for an additional $1,576,520 in NY-Sun incentives. The project has also received brownfield-specific environmental approvals from the NYS Department of Environmental Conservation.

Why it matters

The Jordan Rd 1 project will help advance New York's goal of 10 GW of solar by 2030, with the state already leading the U.S. in community solar capacity. The project will deliver enough energy to power around 875 homes annually, providing local residents access to the benefits of solar without having to install panels on their own homes.

The details

The Jordan Rd 1 project is expected to deliver enough energy to power approximately 875 homes annually. Once constructed and operational, the project will be operated as a community solar project, allowing dozens or even hundreds of renters, homeowners and electricity customers to save money on their electric bills by subscribing to the project.

  • PowerBank was approved for the NYSERDA incentives on March 10, 2026.
  • The project also received its brownfield-specific environmental approvals from the NYS Department of Environmental Conservation.

The players

PowerBank Corporation

An independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA.

NYSERDA

The New York State Energy Research and Development Authority, a public-private partnership that provides incentives and financing to expand solar adoption and support local job creation.

NYSDEC

The New York State Department of Environmental Conservation, which provided the brownfield-specific environmental approvals for the project.

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What’s next

The project is expected to receive final permits and financing before beginning construction and becoming operational.

The takeaway

This project demonstrates PowerBank's expertise in developing community solar projects that provide affordable clean energy access to local residents, while also supporting New York's ambitious renewable energy goals.