PBK

13.9 MW of New York community solar projects expected to be construction-ready in 2026 and 2027 TORONTO, Aug. 18, 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 it has executed repurchase agreements for the Gainesville and Highway 28 projects (the "Projects"), located in New York state through its US subsidiary Abundant Solar Power Inc. The Highway 28 project is 6.9 megawatts and is expected to be construction ready in Q3 2026. It has secured its interconnection agreement, all major discretionary permits and has been approved for NYSERDA incentives under the NY-Sun program in the amount of US$893,445 and is expected to be eligible for a further approximately US$1,518,660 in NYSERDA incentives through the Inclusive Community Solar Adder program.

Project expected to power the equivalent of approximately 640 homes TORONTO, Aug. 11, 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 new lease agreement for a 4 MW ground-mount solar project known as the ON-765 West Solar Project (the "Project") in North Bruce Peninsula, Ontario. The Project is expected to generate enough clean electricity to power the equivalent of approximately 640 homes in the province once operational.

PowerBank's Second Battery Energy Storage System has secured Official Plan Amendment and Zoning Bylaw Amendment approvals TORONTO, Aug. 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, is pleased to announce that on July 21, 2026, the 903 BESS project (the "Project") secured Official Plan Amendment and Zoning Bylaw Amendment approvals, representing a significant regulatory milestone. These approvals conclude the longest and most complex phase of the permitting process, which included extensive public consultation.

PowerBank to support local engineering firm in solar consulting services for Victoria County TORONTO, July 30, 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 will be supporting TriMac Engineering of Sydney, Nova Scotia ("TriMac") with solar feasibility studies and related technical and development assessments for solar consulting services for the Municipality of the County of Victoria ("Victoria County" or "the Municipality") in Nova Scotia. The contract was executed between TriMac and the Municipality on July 8, 2026, and PowerBank will be supporting TriMac through a fee for service agreement.

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.