• The three projects, Sydney, Brooklyn, and Petpeswick, will generate a combined 12.4 MW DC of clean energy.
• Funding is provided by Nova Scotia’s Department of Energy and managed by Net Zero Atlantic.
• PowerBank is the lead developer for the owner, working alongside local partner Trimac Engineering.
• The projects are part of Canada’s first Community Solar Program, targeting 80% renewable energy by 2030.
• PowerBank has completed over 100 MW of projects and holds a pipeline exceeding 1 GW across North America.

Disseminated on behalf of PowerBank Corporation

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., secured $1.74 million in government funding to support three community solar projects across Nova Scotia. According to the company’s announcement, the Sydney, Brooklyn, and Petpeswick projects, once operational, will generate a total of 12.4 megawatts (“MW”) of direct current (“DC”) electricity, feeding clean power directly into the local grid (https://ibn.fm/e9gKm).

The funding is being distributed under the Nova Scotia Department of Environment and Climate Change, administered by the Department of Energy and managed by Net Zero Atlantic. The breakdown of…

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NOTE TO INVESTORS: The latest news and updates relating to SUUN are available in the company’s newsroom at https://ibn.fm/SUUN

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