The latest renewable energy news includes announcements on PowerBank, APsystems, LONGi, SNEC 2026 event, among others.
PowerBank Secures NYSERDA Incentive for 3.1 MW Community Solar Project in Buffalo
PowerBank Corporation has secured $841,555 in funding from the New York State Energy Research and Development Authority (NYSERDA) for its 3.1 MW NY-South Park community solar project in Buffalo, New York. Located on a closed landfill site, the project is expected to generate enough clean electricity to power approximately 388 homes annually. PowerBank said the project may qualify for an additional $730,234 through the NY-Sun Inclusive Community Solar Adder and Retail Energy Storage Incentive Program, bringing total potential NYSERDA support to $1.57 million. Once financed and permitted, the project will operate as a community solar installation, allowing local residents and businesses to benefit from renewable energy through the existing electricity grid. The incentive strengthens the project’s economics and advances PowerBank’s growing North American renewable energy portfolio.
APsystems Debuts AI-Powered Solar and Storage Solutions for Homes at SNEC 2026
APsystems unveiled a new portfolio of AI-powered solar and energy storage solutions at SNEC 2026 in Shanghai, targeting residential and micro-site applications. The company introduced seven new product lines spanning AC-coupled, hybrid AC-DC, off-grid, and string-type energy storage architectures. A key highlight is its in-house BESS AI model, which analyzes electricity prices, weather forecasts, and household consumption patterns to optimize battery charging and discharging, boosting solar self-consumption and reducing energy costs. The new Lake 6 Plug-in ESS can deliver average annual savings of €1,876 per household, while all residential storage products support virtual power plant (VPP) participation for additional revenue opportunities. APsystems also launched the LSH-6 hybrid storage inverter, featuring 6,000VA output, 97.6 percent peak efficiency, support for up to 12 kW of PV input, and UPS-grade backup switching within 4 milliseconds. The company said the solutions strengthen its AI-driven strategy for smarter, safer, and more efficient residential energy management.
LONGi Demonstrates Integrated Solar-Storage Platform to Boost Energy Project Returns
LONGi showcased its LONGi ONE solar-plus-storage platform at SNEC 2026, highlighting a unified architecture that integrates solar generation, energy storage, conversion, and control into a single system. The portfolio includes OneBank 2.0, OneMatrix 2.0, Hi-MO One, OneOS, OneNexus microgrid solution, and OneSync PCS. According to LONGi, OneBank 2.0 and OneMatrix 2.0 achieve a 93 percent round-trip efficiency, about four percentage points higher than conventional standalone systems, while increasing lifetime energy output by up to 8 percent. The company said the integrated design can improve project returns by 2-4 percent and deliver 99 percent system availability. In a commercial and industrial project in China, solar utilization increased from below 60 percent to more than 90 percent. LONGi is also advancing its “2830 Plan” to establish 30 dedicated solar-plus-storage service centers worldwide.
