PowerBank Corp.

PowerBank Corp., formerly SolarBank Corporation, develops and owns distributed and community solar projects across Canada and the United States. The company specializes in solar photovoltaic (PV) systems, providing end-to-end services that span site origination, project development, financing, engineering, procurement, construction, operations and maintenance.

PowerBank serves commercial and industrial corporations, institutional clients, municipalities and electric utilities. The company's business model centers on distributed generation, creating solar installations that produce electricity for multiple end users within a defined geographic area rather than single-site systems. These projects enable participating customers to access solar-generated electricity without installing panels on their own properties. Its development pipeline exceeds 250 megawatts of solar capacity across both countries.

The company operates in the distributed generation segment of the renewable energy market, where solar projects connect directly to local or regional power grids rather than feeding into centralized transmission infrastructure. This approach targets smaller-scale installations that serve specific communities or customer groups, offering an alternative to utility-scale solar farms. PowerBank manages projects through their full lifecycle, from initial site assessment and permitting through long-term asset ownership and electricity generation.