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Project expected to generate recurring energy revenue and qualify for approximately US$1.4 million in federal investment tax credits First MW-scale array to power campus facilities TORONTO, Sept. 3, 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 been awarded a contract (the "Contract") by the State University of New York at Oneonta in Oneonta, NY for the development and construction of a 1.628 MW DC ground-mount solar project (the "Project") in a Request for Proposals (RFP) administered by the New York Power Authority ("NYPA").

Development agreement targets participation in IESO's second long-term capacity procurement TORONTO, Aug. 31, 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 entered into a Fee for Service Development Agreement with 1001634281 Ontario Inc., connected with the Electric Vehicle & Green Energy Advancement Association Canada (the "Agreement"). Under the Agreement, PowerBank will provide services for the early development of a battery energy storage project opportunity to be submitted under the Independent Electricity System Operator (IESO) Second Long-term (c-2) procurement request for proposals.

Appointment strengthens PowerBank's financial leadership as the Company scales its North American energy and digital infrastructure platform Ms. Rusaw brings over 20 years of public company finance leadership and has a proven track record of guiding companies through periods of transition and growth TORONTO, Aug. 24, 2026 /PRNewswire/ -- PowerBank Corporation (NASDAQ: PBK) (Cboe CA: PBK) (FSE: 103) ("PowerBank" or the "Company"), a vertically integrated independent North American energy company, today announced the appointment of Nicole Rusaw, CPA, CA, as Chief Financial Officer, effective immediately.

6.86 MW Brooklyn project completes environmental permitting; construction expected to begin in Fall 2026 Project expected to generate C$3.86 million in lifetime electricity savings for the local community Project expected to power the equivalent of 628 homes annually TORONTO, Aug. 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 that the 6.86 MW Brooklyn ground-mounted community solar project (the "Project") has completed environmental permitting. The Project is now prepared to proceed with construction, which PowerBank expects to begin in the fall of 2026.

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.