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PowerBank signs leases for 60 MWh battery storage projects in upstate New York

PUBT·05/21/2026 11:07:45
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PowerBank signs leases for 60 MWh battery storage projects in upstate New York
  • PowerBank executed three lease agreements for battery energy storage projects in upstate New York totaling 60 MWh, based on 5 MW AC systems with four-hour duration at each site.
  • The projects are expected to qualify for NYSERDA’s Retail Storage Incentive Program, with revenue also tied to New York’s VDER compensation mechanism.
  • Interconnection screening has started; construction remains contingent on interconnection approval, permits, and project financing.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Powerbank Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605210707PR_NEWS_USPR_____TO64866) on May 21, 2026, and is solely responsible for the information contained therein.