LOS ANGELES, CA - September 8, 2025 (NEWMEDIAWIRE) - Disseminated on behalf of PowerBank Corporation

• The 5.7 MW North Main St solar project in upstate New York is expected to qualify under the state’s VDER compensation mechanism, with a first-year average rate of $0.0971/kWh.
• Once operational, the community solar project will provide energy equivalent to 670 homes.
• PowerBank has more than 100 MW of projects built and a development pipeline exceeding 1 GW.
• New York remains a central market, targeting 6 GW of solar capacity by 2025 under its Climate Leadership and Community Protection Act.

PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the U.S., announced that its 5.7 MW North Main St solar project in upstate New York has cleared a major technical milestone with the completion of its Coordinated Electric System Interconnection Review (“CESIR”) (https://ibn.fm/MqTpK).

This review ensures that the planned project can connect safely to the local electric grid without adverse impacts, a prerequisite for moving forward with development. With the study finalized, the project will…

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Forward Looking Statements

Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law.

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