LOS ANGELES, CA - September 29, 2025 (NEWMEDIAWIRE) - Disseminated on behalf of PowerBank Corporation

• The company is advancing three Nova Scotia community solar projects, in Sydney, Brooklyn, and West Petpeswick, expected to power the equivalent of 1,140 homes annually.
• Combined project output will total approximately 14,369 MWh of clean energy per year, and could reduce roughly 10,058 tonnes of CO2 annually, equivalent to removing 3,081 passenger vehicles from the road.
• Lifetime savings for local communities are estimated at $6.95 million.
• Construction is set to begin in spring 2026, pending interconnection results and financing.

PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103), 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 it is progressing with three community solar projects in Nova Scotia. The developments, located in Sydney, Brooklyn, and West Petpeswick, are expected to move into construction by spring 2026, once interconnection results are finalized and financing secured (https://ibn.fm/KEBUi).

According to the company, the projects will generate a combined 12.4 MW DC of solar power, contributing to Nova Scotia’s target of sourcing 80% of its electricity from renewables by 2030. Together, they will supply approximately 14,369 megawatt hours annually, enough to power the equivalent of…

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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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