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SEC filingPowerBank Corporation announced the execution of a Standard Small Generator Interconnection and Operating Agreement for its 6.86 MW Brooklyn community solar project in Nova Scotia, with construction expected to begin in Fall 2026.
PowerBank Corporation achieved a significant development milestone with the execution of the Standard Small Generator Interconnection and Operating Agreement (SSGIA) for its Brooklyn community solar project in Nova Scotia. The 6.86 MW DC project, owned by AI Renewable Flow-through Fund with PowerBank as the lead developer, has secured municipal permits and will now advance to the environmental permitting phase. The company expects to begin construction in the Fall of 2026. The project is projected to deliver approximately $3.86 million in electricity savings to the local community over its lifetime, powering the equivalent of 628 homes annually. This initiative aligns with Nova Scotia's renewable energy targets and represents one of only four community solar contracts awarded under the provincial program. PowerBank continues to leverage its development expertise across North America, maintaining a pipeline exceeding 1 GW.