Business
PowerBank's First Solar Project Under Development for Fiera Real Estate Reaches Commercial Operation
PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company") announces that the 1.45 MW DC rooftop solar project located in Calgary, Alberta (the "Project") for Fiera Real Estate Investments Limited ("Fiera Real Estate") has achieved commercial operation.
About this update from Powerbank Corporation
[{"type":"text","content":"$12.0 billion USD in commercial real estate managed by Fiera Real Estate, PowerBank anticipates future projects","length":111,"tagName":"p","attribs":{}},{"type":"text","content":"1.45-Megawatt rooftop project completed as a pilot project","length":58,"tagName":"p","attribs":{}},{"type":"text","content":"TORONTO, Dec. 18, 2025 /CNW/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company") announces that the 1.45 MW DC rooftop solar project located in Calgary, Alberta (the "Project") for Fiera Real Estate Investments Limited ("Fiera Real Estate") has achieved commercial operation.","length":365,"tagName":"p"},{"type":"text","content":"The Project will sell power to the grid under Alberta's Small Scale Generation program and participate in Alberta's Technology Innovation and Emissions Reduction (TIER) system to generate carbon offsets.","length":211,"tagName":"p"},{"type":"text","content":"Contributing to Fiera Real Estate's commitment to its Net Zero Pathway, where two of its funds have established targets of net zero carbon by 2040, as well as further expanding the PowerBank portfolio, this project is PowerBank's first operational project in Alberta and marks its debut as a small-scale generator within the Alberta Interconnected Electric System (AIES) in 2025. With the support of Zathura Investments, PowerBank is providing full-service development and engineering, procurement and construction (EPC) services for the Project under an EPC agreement with Fiera Real Estate.","length":600,"tagName":"p"},{"type":"image","alt":"1.4 MW rooftop solar project for Fiera Real Estate in Calgary, supporting its commitment to achieve net zero carbon by 2040. Fiera Project Site (CNW Group/PowerBank Corporation)","displaySize":"","headline":null,"caption":"1.4 MW rooftop solar project for Fiera Real Estate in Calgary, supporting its commitment to achieve net zero carbon by 2040. Fiera Project Site (CNW Group/PowerBank Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":225,"url":"https://media.zenfs.com/en/cnwgroup.com/58b689e0adf6269d802c269bba97de29"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/AJ39TjkvwzsMqKtexaKdBA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5NztjZj13ZWJw/https://media.zenfs.com/e...