• PowerBank executed a lease agreement for the Salt Rising Road battery energy storage project in Allegany County, New York.
• Planned capacity of up to 5 MW AC with a 4-hour duration, totaling 20 MWh of storage.
• Hybrid build includes 500 kW of solar generation tied to the storage system.
• Project targets NYSERDA NY-Sun and Retail Storage Incentive eligibility, with expected VDER compensation.
• Next steps include interconnection screening, permitting, and financing ahead of construction.

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: TO69625) on May 28, 2026, and is solely responsible for the information contained therein.