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PowerBank Corporation Rebrands as SolarBank Corporation Changes Name to Reflect Expanded Energy Strategy
ByAinvest
Tuesday, Aug 12, 2025 3:41 pm ET1min read
SolarBank Corporation is rebranding as PowerBank Corporation to reflect its expanded strategy into diversified power and energy solutions. The name change, approved by shareholders, involves no changes to share structure, CUSIP exchange, or shareholder rights. The company develops solar, battery energy storage system, and EV charging projects in North America, with a potential development pipeline of over one gigawatt.
Title: SolarBank Corporation Rebrands as PowerBank CorporationSolarBank Corporation, a leading North American developer and owner of renewable and clean energy projects, has announced a significant rebranding effort. The company, formerly known as SolarBank, will now operate under the name PowerBank Corporation, effective July 28, 2025. This change reflects the company's expanded strategy into diversified power and energy solutions, including solar, battery energy storage systems, and EV charging projects.
The rebranding, approved by shareholders, involves no changes to the share structure, CUSIP exchange, or shareholder rights. The company continues to focus on distributed and community solar initiatives throughout Canada and the U.S., with a potential development pipeline of over one gigawatt.
PowerBank Corporation's recent activities include the successful completion of regulatory hurdles for several major projects. Notably, the 7.2 MW Hoadley Hill Solar Project in New York has cleared the Coordinated Electric System Interconnection Review (CESIR), a major regulatory milestone. Additionally, the company has been leveraging crypto to bridge the gap between the traditional energy industry and the new world of digital currencies.
The rebranding is part of PowerBank Corporation's strategic alignment with shifting North American energy policies. The company aims to capitalize on clean energy incentives in both the U.S. and Canada, positioning itself for growth under the evolving regulatory landscape.
References:
[1] https://www.theglobeandmail.com/investing/markets/stocks/SUUN-Q/pressreleases/
[2] https://www.tipranks.com/financewire/financewire-elevate-your-investing-strategy-take-advantage-of-tipranks-premium-at-50-off-unlock-powerful-investing-tools-advanced-data-and-expert-analyst-insights-to-help-you-invest-with-confidence/
[3] https://www.investorbrandnetwork.com/solarbank-corporation-rebrands-as-powerbank-corporation/
[4] https://www.newswire.ca/en/releases/archive/July2025/24/cnw00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
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