PowerBank Corp (SUUN) Secures Site Control for Pennsylvania Solar Project

PowerBank Corporation (NASDAQ:SUUN) is one of the green energy stocks with long-term upside potential. On August 28, the company confirmed its 3.16 MW Honesdale ground-mount solar project in Pennsylvania has secured site control. Consequently, it can now progress into the interconnection study phase.

The company is poised to take advantage of House Bill 1842, which paved the way for companies to expand in the region and provide green energy to residents. Consequently, the company stands to feed its solar energy from the 3.16 MW into the grid.

PowerBank boasts of in-depth experience with over 100MW of completed projects. It’s also working on a pipeline of over 1 GW of clean energy. It has already inked strategic partnerships, supplemented by institutional-grade development capabilities that position it to deliver reliable, high-impact renewable energy solutions.

PowerBank Corporation is a clean energy company that builds solar and battery storage projects, providing electricity to utilities as well as commercial, industrial, municipal, and residential users.

While we acknowledge the potential of PowerBank Corporation (NASDAQ:SUUN) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SUUN and that has 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.