PowerBank Corporation has announced the commercial operation of a 7.01 MW DC community solar project in upstate New York, developed for Honeywell as part of a $41 million portfolio deal. The solar facility, built on a brownfield site, will supply clean energy to about 875 homes annually and operate under the NYSERDA NY-Sun Program, allowing subscribers to earn credits on their electric bills. This milestone highlights PowerBank's capability in developing and operating renewable energy projects and supports their strategic growth in solar and battery storage solutions for digital infrastructure. The project will transition to Honeywell Aerospace following a corporate spinoff scheduled for June 29, 2026.
Tony Bancroft of Gabelli Funds highlights a multi-year surge in U.S. missile and aircraft production driven by the need to replenish depleted arsenals and counter threats from China and Russia. Structural supply constraints and government agreements ...
The CEOs of Boeing, Lockheed Martin, and Honeywell met with President Trump as the administration urges defense contractors to increase weapons production due to concerns over U.S. missile and munitions stockpiles. This push follows recent U.S. milit...
Alphabet Inc will join the Dow Jones Industrial Average on June 29, 2026, replacing Verizon Communications. This change increases the index's exposure to large-cap technology companies, as Alphabet operates in digital advertising, cloud computing, AI...
Honeywell and MIT's Center for Sustainability Science and Strategy released research showing AI-enabled technologies could reduce global production costs for oil-based fuels by up to $225 billion annually by 2050, and LNG costs by up to $80 billion. ...
Alphabet (GOOGL) will replace Verizon (VZ) in the Dow Jones Industrial Average on June 29, marking a shift towards AI-focused companies in the index. This change increases the Dow's exposure to major tech firms, including five of the 'Magnificent Sev...
