Company Description
PowerBank Corporation operates as an independent renewable and clean energy project developer, power producer, and asset operator in Canada and the United States.
The company operates through two segments, Development and EPC, and IPP Production. It focuses on solar photovoltaic power generation projects, battery energy storage systems, and EV-charging projects.
The company provides expertise in the areas of site origination, grid interconnection, environmental assessment, distributed, community and utility-scale sola, battery energy storage system, and permitting; financing, engineering, procurement and construction; operation and maintenance; independent power production; and asset management services.
In addition, it develops solar projects that sells electricity to commercial, industrial, municipal, residential, and utility off-takers sectors.
The company was formerly known as SolarBank Corporation and changed its name to PowerBank Corporation in July 2025.
PowerBank Corporation was incorporated in 2013 and is headquartered in Toronto, Canada.
| Country | Canada |
| Founded | 2013 |
| Industry | Utilities - Renewable |
| Sector | Utilities |
| Employees | 18 |
| CEO | Yuqiang Lu |
Contact Details
Address: 803 – 505 Consumers Road Toronto, ON M2J 4Z2 Canada | |
| Phone | 416 494 9559 |
| Website | powerbankcorp.com |
Stock Details
| Ticker Symbol | PBK |
| Exchange | NASDAQ |
| Fiscal Year | July - June |
| Reporting Currency | CAD |
| CIK Code | 0002011053 |
| CUSIP Number | 73933V100 |
| ISIN Number | CA73933V1004 |
Key Executives
| Name | Position |
|---|---|
| Dr. Yuqiang Lu M.B.A., M.D., M.Sc. | Chief Executive Officer and Corporate Secretary |
| Matthew J. Wayrynen | Executive Chair |
| Andrew van Doorn P.E. | President and Chief Operating Officer |
| Xiaohong Zheng M.B.A. | Executive Vice President of Corporate Development |
| N. Nicole Rusaw C.A., C.P.A., HBACC | Chief Financial Officer |
| Olen John Aasen J.D. | General Counsel |