It’s been a little while since my original DD on this Reddit community, so I wanted to share a quick update.
The company has continued executing on exactly what attracted me in the first place.
Over the past several weeks, PowerBank has announced:
• 903 BESS Ontario project cleared all major Ontario permitting approvals (a 22-year IESO contract paying $1,221/MW/day)
• A 21 MW operations & maintenance agreement with Honeywell for community solar projects.
• A $2.95M U.S. Department of Defense/U.S. Army solar contract.
• A joint development agreement with Nodiac.ai to pair modular AI data centers with its energy infrastructure.
• Additional community solar projects and continued expansion of its development pipeline in New York.
The rebrand from SolarBank ($SUUN) to **PowerBank ($PBK)** also better reflects the company’s broader strategy, not just solar, but battery storage, energy infrastructure, and AI-powered energy demand.
The thesis hasn’t changed for me. If anything, management continues to execute while the market is still figuring out what this company is becoming.
Still holding. Still buying. The market cap is way too low, and the chart has established a bottom/is bullish 📈
As always, not financial advice, just sharing my research on high upside stocks I think have potential.
