Correction: PowerBank Secures Site as 3.16 MW Pennsylvania Solar Project Advances-February 2024-www.financetom.com

Correction: PowerBank Secures Site as 3.16 MW Pennsylvania Solar Project Advances

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Correction: PowerBank Secures Site as 3.16 MW Pennsylvania Solar Project Advances

Aug 28, 2025 1:05 PM

03:48 PM EDT, 08/28/2025 (MT Newswires) -- (Corrects company name to PowerBank ( SUUN ).)

PowerBank ( SUUN ) said Thursday its 3.16 MW ground-mounted solar project in Honesdale, Pennsylvania, has secured site control, allowing it to proceed to the interconnection study phase.

The company said the project could supply clean energy credits to dozens or even hundreds of local renters and homeowners, helping lower their electricity bills.

PowerBank ( SUUN ) said the development hinges on the final approval of House Bill 1842, which would legalize community solar programs in Pennsylvania.

The bill, first passed by the House in 2024 and again in 2025 with amendments, is currently under Senate review, it added.

Previous page： Starbucks workers union to begin voting on strike amid stalled contract talks Next page： Here's Why IBM Stock Is Down Today

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Starbucks workers union to begin voting on strike amid stalled contract talks

Oct 23, 2025

Oct 23 (Reuters) - Starbucks ( SBUX ) baristas' union said on Thursday it would vote on whether to authorize an unfair labor practice strike at unionized locations to demand that the company return to the negotiating table. Contract talks between the coffee-chain giant and the union, which represents more than 12,000 baristas, began last year, but have hit an...

Here's Why IBM Stock Is Down Today

Oct 23, 2025

Shares of International Business Machines Corp. ( IBM ) are falling Thursday after the company shared earnings results for the third quarter. In response, several firms lowered their price targets on the stock. IBM ( IBM ) is encountering selling pressure. See if it is worth your attention here. What To Know: IBM ( IBM ) exceeded guidance for earnings per...

Lam Research's AI Packaging Dominance Fuels Record Q1, Higher Outlook for 2026, Oppenheimer Says

Oct 23, 2025

11:42 AM EDT, 10/23/2025 (MT Newswires) -- Lam Research ( LRCX ) posted record fiscal Q1 2026 results, beating Wall Street estimates and issuing strong guidance, driven by surging global investment in artificial intelligence infrastructure, Oppenheimer said in a note Wednesday. The brokerage lifted its 2026 revenue and earnings per share estimates by 10% and 15%, respectively, describing Lam as...

Vertiv's Q3 Americas Margins a Positive Signal for 2026 Incrementals, Morgan Stanley Says

Oct 23, 2025

11:02 AM EDT, 10/23/2025 (MT Newswires) -- Vertiv's ( VRT ) encouraging Q3 Americas margins are a positive signal for 2026 incrementals, Morgan Stanley said in a Thursday research report. The Americas segment generating around 40% incremental in Q3 implies healthy pricing power on new orders and that margin headwinds are transitory. The Wall Street firm raised its 2025 EPS...