Business
PowerBank Shares 2025 Highlights and 2026 Updates
PowerBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN, FSE: 103) ("PowerBank" or the "Company") today announces highlights and new milestones reached during the 2025 calendar year and updates for 2026. The Company remains committed to pioneering the design, delivery, and management of safe, reliable, and clean energy sources throughout North America, while expanding into innovative space-based computing infrastructure.
About this update from Powerbank Corporation
[{"type":"text","content":"TORONTO, Feb. 17, 2026 /CNW/ - PowerBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN, FSE: 103) ("PowerBank" or the "Company") today announces highlights and new milestones reached during the 2025 calendar year and updates for 2026. The Company remains committed to pioneering the design, delivery, and management of safe, reliable, and clean energy sources throughout North America, while expanding into innovative space-based computing infrastructure.","length":470,"tagName":"p"},{"type":"image","alt":"PowerBank Logo (CNW Group/PowerBank Corporation)","displaySize":"","headline":null,"caption":"PowerBank Logo (CNW Group/PowerBank Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":62,"url":"https://media.zenfs.com/en/cnwgroup.com/f6737659cee5cd5176679852ba01c199"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/eOKOBrnFJrvx68.mk.hZjA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEwOTtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/f6737659cee5cd5176679852ba01c199","width":400,"height":62}},"href":"https://mma.prnewswire.com/media/2904327/PowerBank_Corporation_PowerBank_Shares_2025_Highlights_and_2026.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Corporate Transformation and IPP Strategy","length":41,"tagName":"p"},{"type":"text","content":"In July 2025, the Company changed its name from SolarBank Corporation to PowerBank Corporation, reflecting its evolution from a solar-focused developer to a comprehensive renewable energy and digital infrastructure company. The name change recognizes PowerBank's expanding capabilities across solar, battery storage, and space-based computing solutions. This strategic repositioning aligns with the Company's focus on growing its Independent Power Producer asset base to create long-term recurring revenues.","length":515,"tagName":"p"},{"type":"text","content":"The IPP strategy delivered great results in fiscal year 2025, with revenues from owned and operated assets increasing by 1,508% to $9.3 million compared to $0.6 million in fiscal year 2024. Total assets grew 253%, fueled by the expansion of the Company's IPP portfolio following the acquisition of Solar Flow-Through Funds Ltd. These results demonstrate PowerBank's successful transition toward long-term recurring revenue generation through strategi...