PowerBank Receives $1.47 Million USD from NYSERDA for Geddes Solar Project

Incentive payment awarded under the NYSERDA's NY-Sun Program

TORONTO, Nov. 4, 2025 /PRNewswire/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company), a leader in distributed solar energy, battery storage, and clean energy infrastructure across North America, is pleased to announce that its operational 3.79 MW Geddes Solar Power Project (the "Project") in New York State has received its Commercial Operation Payment of $1.47 million USD through the New York State Energy Research and Development Authority (NYSERDA) NY-Sun Program. The Project qualified for the Megawatt Block, Community Adder, and Landfill/Brownfield Adder under the program.  The Project is also expected to receive an additional $245 thousand USD through the Inclusive Community Solar Adder, also through NY-Sun.

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