• PowerBank completed equipment procurement agreements covering 23 distributed solar and energy storage projects in New York, Pennsylvania.
• Total construction value estimated at USD 242.3 million; portfolio sized at 97 MW DC of solar, 42 MWh of storage.
• Procurement positioned projects to retain eligibility for US federal Investment Tax Credits; estimated combined tax credit value USD 94.7 million.
• First 15 projects targeted safe-harbor status via the IRS Physical Work Test before Dec. 31, 2025; remaining eight targeted before July 4, 2026.
• Commercial operations expected over the next several years, subject to permits, interconnection approvals, community solar contracts, 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: 202606180707PR_NEWS_USPR_____TO86679) on June 18, 2026, and is solely responsible for the information contained therein.