PowerBank Corp

PBK

Market cap $31.3M

Project to power the equivalent of approximately 400 homes This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated June 5, 2025 to its short form base shelf prospectus dated May 7, 2025 TORONTO, July 20, 2026 /PRNewswire/ -- PowerBank Corporation (Nasdaq: PBK) (Cboe CA: PBK) (FSE: 103) ("PowerBank" or the "Company"), a leader in independent energy development and asset ownership in North America, is pleased to announce it has executed a lease agreement on a 3.2 MW DC ground-mount solar project known as the Scofield project (the "Project"), in Broome County, New York. The Project is expected to be eligible for incentives under the New York State Energy Research and Development Authority ("NYSERDA") NY-Sun Program.

TORONTO, July 8, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: PBK) (Cboe CA: PBK) (FSE: 103) ("PowerBank" or the "Company"), a leader in independent energy development and asset ownership in North America, is pleased to announce it has received the certificate of final completion for the 1.45 MW DC rooftop solar project located in Calgary, Alberta (the "Project"), completed under an Engineering, Procurement, and Construction Agreement ("EPC") for Fiera Real Estate Investments Limited ("Fiera Real Estate"). In December of 2025, the Company announced that the Project reached commercial operation.

Project delivered under a US$41 million EPC agreement as part of the 21 MW DC Honeywell portfolio in upstate New York 7.01 MW DC ground-mount solar facility now operational, capable of powering approximately 875 homes with clean energy annually Project expected to operate as a community solar site, selling credits to subscribers under the NYSERDA NY-Sun Program TORONTO, July 2, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: PBK) (Cboe CA: PBK) (FSE: 103) ("PowerBank" or the "Company"), a leader in independent energy development and asset ownership in North America, today announces that the 7.01 MW DC / 5 MW AC ground-mount community solar project known as SB-14 (the "Project"), located in upstate New York, has achieved commercial operation. The 7.01 MW Project was developed and constructed by PowerBank for Honeywell International Inc. (NASDAQ: HON) ("Honeywell") as part of the Company's US$41 million engineering, procurement, and construction ("EPC") agreement covering a portfolio of three community solar projects totaling 21 MW DC.

TORONTO, July 1, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: PBK) (Cboe CA: PBK) (FSE: 103) ("PowerBank" or the "Company"), a leader in independent energy development and asset ownership in North America, today announced that it has closed its previously announced registered direct offering of 7,000,000 common shares of the Company with two new long term institutional investors (the "Offering"). U.S.$4.2 million was funded upon the closing of the Offering, before deducting placement agent fees and other estimated Offering expenses.

Strategic Rebranding Highlights the Company's New Business Vertical TORONTO, June 4, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: PBK) (Cboe CA: PBK) (FSE: 103) ("PowerBank" or the "Company"), a leader in independent energy development and asset ownership in North America, today announced the launch of its refreshed corporate website at www.powerbankcorp.com and the change of its trading symbols on the NASDAQ and Cboe Canada Exchange to "PBK". These rebranding efforts reflect the Company's expanded strategic vision as AI compute infrastructure and modular data centers emerge as a key pillar alongside its core renewable energy development and Independent Power Producer ("IPP") platform.

Project expected to provide clean energy to the equivalent of approximately 388 homes annually TORONTO, June 3, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: PBK) (Cboe CA: PBK) (FSE: 103) ("PowerBank" or the "Company"), a leader in independent energy development and asset ownership in North America, is pleased to announce that its 3.1 MW NY-South Park community solar project (the "Project") located on a closed landfill site in Buffalo, New York has been approved for $841,555 USD in incentives through the New York State Energy Research and Development Authority ("NYSERDA") NY-Sun Program. The Project was most recently discussed in a permitting progress update shared here.

Company's 1 GW+ Development Pipeline Across Canada and the United States Positions PowerBank to Provide On-Site Generation for Digital Operations at a Time of Unprecedented Power Demand TORONTO, June 1, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company"), a leader in independent energy development and asset ownership in North America, today announced the expansion of its strategic focus into AI compute infrastructure and modular data center development, positioning the Company to participate in one of the largest infrastructure buildouts of the modern era. As artificial intelligence, cloud computing, machine learning, and high-performance computing continue to accelerate globally, the demand for electricity is rising at an unprecedented pace.

Hybrid Project Expected to Provide 500 kW of Solar Energy and 20 MWh of Battery Energy Storage to Allegany County in New York Project Expected to Be Eligible for NYSERDA NY-Sun and Retail Storage Incentive Programs TORONTO, May 28, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company"), a leader in North American energy infrastructure development and asset ownership, is pleased to announce that it has executed a lease agreement on a battery energy storage systems (BESS), known as the Salt Rising Road project (the "Project"), in Allegany County, New York. The project has the capacity to hold up to 5 MW AC and discharge over 4 hours, totaling 20 megawatt hours (MWh) of combined battery energy storage capacity.

Projects Expected to Be Eligible for NYSERDA Retail Storage Incentive Program TORONTO, May 21, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company"), a leader in North American energy infrastructure development and asset ownership, is pleased to announce that it has executed three lease agreements on battery energy storage systems (BESS), known as the Round Hill Rd project, the Montana Rd project and Genesee Rd project (the "Projects"), in upstate New York. Each project has the capacity to hold up to 5 MW AC and discharge over 4 hours, totaling 60 megawatt hours (MWh) of combined battery energy storage capacity.

Gross Margin Expands to 35% Year-to-Date; Working Capital Turns Positive to $10.7 Million; Net Loss Narrows to $(12.2)M from $(34.7)M in Prior Year This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated June 5, 2025, to its short form base shelf prospectus dated May 7, 2025. TORONTO, May 15, 2026 /PRNewswire/ - PowerBank Corporation (Nasdaq: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company") reports its fiscal third quarter and fiscal 2026 interim financial results.