PowerBank Corporation·Utilities

LOI Marks PowerBank's Strategic Entry into the Rapidly Growing AI Infrastructure Market Modular Data Center Market Projected to Grow from ~$29 Billion USD to ~$80 Billion USD by 2030, with North America Leading at 41% Market Share Nodiac's Founding Team Brings Over $26 Billion USD in Energy Project Development Experience TORONTO, April 8, 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 a Letter of Intent ("LOI") with Nodiac Corp. ("Nodiac"), a distributed data center power infrastructure company specializing in the development and deployment of modular, containerized data centers co-located with renewable energy assets. The LOI provides a framework to leverage PowerBank's portfolio of solar and Battery Energy Storage System (BESS) sites across North America for the purposes of deployment of distributed AI compute infrastructure on such sites.

Incentive payment awarded under the NYSERDA's NY-Sun Program Project expected to provide clean energy to the equivalent of 895 homes annually This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated February 17, 2026 to its short form base shelf prospectus dated May 7, 2025. TORONTO, April 7, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company), a leader in distributed solar energy, battery storage, and clean energy infrastructure across North America, is pleased to announce that its 7.1 MW Jordan Rd 2 community solar project (the "Project") located on privately-owned brownfield lands in Skaneateles Falls, New York has been approved for up to $1,119,618 USD in incentives through the New York State Energy Research and Development Authority (NYSERDA) NY-Sun Program.

Project expected to be one of the first Community Solar projects of its kind in the State TORONTO, March 31, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company"), a North American energy infrastructure developer and asset owner, is pleased to announce that its 4.22 MW ground-mount solar project at Grandview Rd (the "Project"), located in Pennsylvania, has completed the Interconnection Impact Review (IRR). This project was included in the previous press release of a larger Pennsylvania project, which can be found here.

PowerBank Corporation (NASDAQ: SUUN - Get Free Report) was the target of a large decline in short interest in March. As of March 13th, there was short interest totaling 869,344 shares, a decline of 20.6% from the February 26th total of 1,094,915 shares. Currently, 1.9% of the shares of the stock are short sold. Based on

388 Homes Expected to be Powered by the Community Solar Project TORONTO, March 24, 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 an update on the development of the NY-South Park project (the "Project"), located on a closed landfill site in Buffalo, New York. The Project was first announced here, with a progress update shared here.

Combined 42.24 MW Solar and 21.76 MWh Battery Storage Portfolio Enters Construction Phase Across New York State Projects to Deliver Clean Energy to New York Communities and Organizations TORONTO, March 17, 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 the spring mobilization of 9 projects in NY State, including Jordan Rd 1 and 2, Elmira, Newark and Camp Smith projects, among others (the "Projects"). Spring mobilization is the initial stage of construction which includes site preparation.
PowerBank Corp. engages in the development and operation of solar photovoltaic power generation projects in the province of Ontario and New York state. It is involved in permitting, designing, and building behind-the-meter (BTM) solar power generation and transmission; and distribution electricity grid connected community solar gardens and utility scale solar farms. The company was founded by Richard Lü on September 23, 2013 and is headquartered in Toronto, Canada.
Utilities
Renewable Utilities
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2024-04-08
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