PowerBank Corporation Advances Three Community Solar Projects in Nova Scotia

PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) has announced significant progress on three community solar projects located in Sydney, Brooklyn, and West Petpeswick, Nova Scotia. The projects, developed in partnership with Trimac Engineering and owned by AI Renewable Flow-through Fund, are expected to receive interconnection results within the next 30 days. Construction is targeted to begin in spring 2026, pending positive results and secured financing.

The three solar projects will contribute 12.4 MW DC toward Nova Scotia's renewable energy goals, generating up to $6.95 million in lifetime electricity savings for local communities. This development supports job creation, enhances grid reliability, and reduces emissions, positioning PowerBank for further growth in Canada's emerging clean energy market. The company's expertise in delivering community solar across North America is underscored by these projects, which are part of its broader strategy to maximize returns through a diverse portfolio.

PowerBank focuses on distributed and community solar projects in Canada and the USA, developing solar and Battery Energy Storage System (BESS) projects that sell electricity to utilities, commercial, industrial, municipal, and residential off-takers. The company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built. For additional details on forward-looking information, refer to https://ibn.fm/m1Rpy.

The latest news and updates relating to SUUN are available in the company's newsroom at https://ibn.fm/SUUN. This announcement highlights the growing importance of community solar in achieving regional sustainability targets and demonstrates PowerBank's commitment to expanding its footprint in renewable energy infrastructure.