PowerBank Corporation’s 7.1-megawatt (MW) community solar project, Jordan Rd 2, has been approved for up to $1,119,618 in incentives through the New York State Energy Research and Development Authority (NYSERDA) NY-Sun Program.
Sited on privately-owned brownfield lands in Skaneateles Falls, developers also expect it to qualify for up to an additional $1,576,590 in NY-Sun incentives through the Inclusive Community Solar Adder.
The project received its municipal approvals in September 2025. It has also been awarded its brownfield-specific environmental approvals to operate from the NYS Department of Environmental Conservation.
The Jordan Rd 2 Project will deliver enough energy to power approximately 895 homes each year. When homeowners subscribe to the project, they will earn monthly credits on their electric bill based on their share of the solar energy generated. The result is a reduced cost per kilowatt hour from the electricity they use versus standard utility rates.
PowerBank currently has over 100 MW of completed projects, with a development pipeline exceeding 1 gigawatt (GW).
The NY-Sun Program is a public-private partnership aimed at driving growth in the solar sector and making solar technology more affordable for citizens. Led by NYSERDA, it provides incentives and financing to expand solar adoption for homes, businesses, and communities, in addition to supporting local jobs.
The project is an important milestone for New York, helping the state reach 10 GW of solar capacity by 2030. New York leads the country in community solar capacity, having met the New York State Climate Act 6 GW solar goal in the fall of 2024.
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