PowerBank Corporation, formerly known as SolarBank Corporation, has announced a significant rebranding to better represent its expanded focus on clean energy solutions beyond solar, including battery storage projects across the U.S. and Canada. This strategic shift, effective July 28, 2025, was approved by shareholders and underscores the company's commitment to diversifying its energy infrastructure platform. The rebranding does not affect the company's stock tickers, which remain NASDAQ: SUUN, Cboe CA: SUNN, and FSE: 103, ensuring continuity for investors.
The company's project pipeline now exceeds one gigawatt, with a built project base of 100 MW, positioning PowerBank as a key player in the renewable energy sector. A recent $100 million financing agreement with CIM Group is set to accelerate the construction of U.S. projects, further solidifying the company's market position. The alignment with U.S. tax incentives and Canadian contract programs enhances PowerBank's appeal to investors looking for stable growth opportunities in the clean energy space.
For more details on PowerBank Corporation's strategic direction and project developments, visit https://ibn.fm/CDCjI. Investors seeking the latest updates can find comprehensive information in the company's newsroom at https://ibn.fm/SUUN.
This rebranding and strategic expansion highlight PowerBank Corporation's role in the evolving clean energy landscape, offering diversified solutions to meet the growing demand for renewable energy sources. The company's focus on solar and battery storage projects, supported by significant financial backing and a strong project pipeline, positions it for long-term success and investor interest in the renewable energy sector.
