PowerBank Corporation has been awarded a contract by the New York Power Authority to develop and construct a 1.628 MW DC ground-mount solar project at SUNY Oneonta in Oneonta, NY. The project, executed through PowerBank's wholly owned U.S. subsidiary Abundant Solar Power Inc., is expected to generate recurring energy revenue for campus facilities and qualify for approximately US$1.4 million in federal investment tax credits. The estimated construction value of the project is $3.58 million USD. PowerBank will own and operate the system once construction is complete, following the receipt of necessary building permits. This development supports the university's Clean Energy Master Plan and New York State’s goal of achieving net-zero emissions by 2050. PowerBank Corporation operates in the renewable energy sector, developing, building, owning, and operating solar and battery energy storage systems across North America.

PowerBank Corporation entered a Fee for Service Development Agreement with 1001634281 Ontario Inc. to develop battery energy storage projects for the IESO’s second long-term capacity procurement (LT2(c-2)). The agreement includes a right of first refusal as Engineering, Procurement, and Construction provider and explores an 18 MW BESS in Hamilton. Additionally, PowerBank settled $1,396,717 in outstanding legal fees by issuing approximately 1,297,352 common shares at a deemed price of $0.63 per share, with the remainder payable in cash upon project debt completion. Shares are subject to a four-month and one-day hold period pending regulatory approvals. PowerBank Corporation is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA.

PowerBank Corporation announced the execution of a lease agreement for the 3.2 MW Scofield solar project in Broome County, New York, which has an estimated construction value of $8 million USD and an expected Investment Tax Credit value of $3.2 million USD. The company also amended several executive officer and advisor consulting agreements to increase monthly fees, with some increases contingent on future financing. PowerBank Corporation is a vertically integrated energy company that develops, builds, owns, and operates solar and battery energy storage systems.

PowerBank Corporation entered into a Securities Purchase Agreement and a Letter Agreement with A.G.P./Alliance Global Partners acting as placement agent on June 29, 2026. The filing includes consents from ZH CPA, LLC and Hodgson Russ LLP regarding the transaction. PowerBank Corporation is a Canadian company involved in the technology sector.