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
- 15
- Sector
- Utilities
- Industry
- Renewable Utilities
- Address
- 505 Consumers Road Toronto ON Canada M2J 4Z2
- IPO Date
- Apr 8, 2024
- CIK
- 0002011053
- Website
- powerbankcorp.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 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
PowerBank Announces 5 MW AC Distributed Solar and Battery Energy Storage System Project in New York
PowerBank Signs LOI with Modular Data Center Company Nodiac.ai, Unlocking Potential Additional Revenue from Existing Energy Assets
PowerBank Announces $1.1 Million USD Incentive from NYSERDA for 7.1 MW Solar Project in New York
PowerBank Shares Update on Pennsylvania Project Interconnection
PowerBank Corporation (NASDAQ:SUUN) Short Interest Down 20.6% in March
PowerBank Advances 3.1 MW Hybrid Solar and BESS project on a Closed Landfill in NY
PowerBank Announces a Combined 42 MW across 9 Projects Have Been Advanced Under Spring Mobilization in New York State
PowerBank Approved for $1,965,579 USD from NYSERDA for Jordan Rd 1 Solar Project and Project Receives NYSDEC Brownfield Approvals
GrandBridge Corporation and PowerBank Corporation Announce Co-Development Agreement for Solar Energy and Battery Storage Projects in Ontario
PowerBank Approved for $309,720 USD from NYSERDA for Elmira Solar Project
PowerBank Appoints Andrew van Doorn as President & Chief Operating Officer