PowerBank Corporation
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Richard Lu
- Full Time Employees
- 25
- Sector
- Utilities
- Industry
- Independent Power Producers
- Address
- 505 Consumers Rd., Suite 803 Toronto ON Canada M2J 4Z2
- IPO Date
- Mar 2, 2023
- CIK
- 0002011053
- Website
- solarbankcorp.com
- Similar Companies
- Business
- PowerBank Corporation (Ticker: SUUN) develops and markets innovative power solutions for consumer electronics and renewable energy applications. The company offers a range of portable power banks under its flagship PowerBank brand, including high-capacity lithium-ion models with fast-charging capabilities; solar-powered chargers for off-grid use; and modular battery systems for electric vehicles and home energy storage. These products cater to individual consumers, businesses, and government sectors seeking reliable, eco-friendly power management. Founded in 2015 and headquartered in San Jose, California, PowerBank Corporation operates primarily in North America, with expanding distribution in Europe and Asia-Pacific regions. In late 2024, the company announced a strategic partnership with a leading solar panel manufacturer to integrate its battery technology into residential energy systems, enhancing its renewable segment offerings. Additionally, PowerBank completed a $50 million Series B funding round in early 2025, led by venture capital firms focused on clean tech, to fuel production expansion and new product launches including AI-optimized power distribution units.
PowerBank Secures 21-Megawatt Operations and Maintenance Agreement with Honeywell for 3 Community Solar Projects in New York State
PowerBank Ignites Next Phase of Growth with $4.2 Million Strategic Investment from New Institutional Investors to Advance U.S. Federal Projects
Modular Data Center Joint Development Agreement Signed Between PowerBank Corporation and Nodiac.ai
PowerBank Awarded $2,950,000 USD Federal Contract with the US Department of Defense and the Department of the Army for Covered Parking Canopy Solar Project
PowerBank Highlights High-Functioning Projects Across Independent Power Producer Portfolio
$242.3 Million USD in Total Construction Value; PowerBank Confirms Safe Harbor of 23 Distributed Solar and Energy Storage Projects
PowerBank Executes Interconnection Agreement for 3.15 MW Nova Scotia Community Solar Project
PowerBank Announces Safe Harbor of 30 MW and 31 MWh of Distributed Solar and Energy Storage Projects
AI for All: PowerBank Corporation Comments on Canada's AI Strategy, Highlighting Alignment with Its Energy Infrastructure and Modular Data Center Vision
AI Data Center Strategy Drives PowerBank's Corporate Rebrand
PowerBank Announces $841,555 USD NYSERDA Incentive for 3.1 MW Community Solar Project in Buffalo, New York
PowerBank Positions AI Compute, Modular Data Centers, and Energy Infrastructure as a Core Strategic Growth Vertical Alongside Solar and Battery Energy Storage
PowerBank Announces Hybrid BESS and Solar Project in Genesee New York
PowerBank Announces 60 MWh of Battery Energy Storage Capacity Across Three New Upstate New York Projects
PowerBank Announces Third Quarter Results
PowerBank Announces Third Quarter Results
PowerBank Advances AI Integration with Dual-Agent Deployment
PowerBank Announces Commercial Operation of First Battery Energy Storage System in Ontario
PowerBank Achieves Key Grid Interconnection Milestone for Sydney Community Solar Project in Nova Scotia
628 Homes, $3.86 Million in Savings: PowerBank Announces Grid Interconnection Milestone on Brooklyn Community Solar Project in Nova Scotia