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SummaryUpdated Mar 1, 2026
SolarBank Corporation (NASDAQ:SUUN) is a Canadian renewable energy company that operates as an independent clean energy project developer, power producer, and asset operator across Canada and the United States. Founded in 2013 and originally incorporated as Abundant Solar Energy Inc., the company rebranded to SolarBank Corporation in October 2022 and went public through an IPO in April 2024. The company is headquartered in Toronto, Canada, and focuses primarily on developing and operating solar photovoltaic power generation projects, battery energy storage systems, and electric vehicle charging infrastructure.
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PowerBank Corporation entered into a Fee for Service Development Agreement with 1001634281 Ontario Inc. to provide early development services for a battery energy storage project to be submitted under IESO's second long-term procurement in Ontario, Canada.20d agoPowerBank Corporation, through its US subsidiary Abundant Solar Power Inc., acquired the Gainesville and Highway 28 solar projects in New York state, with a construction value of US$32.5 million and expected US$13 million in federal tax credits.33d agoPowerBank Corporation executed a lease agreement for a 4 MW ground-mount solar project in North Bruce Peninsula, Ontario, expected to power about 640 homes.40d ago