PowerBank executes lease for 4-MW ground-mount solar project in Ontario

• PowerBank executed a lease for the 4 MW ON-765 West ground-mount solar project in North Bruce Peninsula, Ontario.
• Project output projected to supply clean electricity equivalent to about 640 Ontario homes once operational.
• Development plan targets eligibility for Canada’s Clean Technology Investment Tax Credit, offering a refundable credit of up to 30% of capital costs.
• Next steps include preliminary assessments and permitting, with financing and construction timelines key execution risks.

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