POWERBANK Corp
For the period ended Jun 30, 2024. Filed Oct 1, 2024.
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The yearly report of certain Canadian companies, filed under a joint US and Canadian system. It is the main yearly account these companies give US investors, largely as filed in Canada.
FY2024 · Filed Oct 1, 2024
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PBK$0.13-7.2%Stored close · as of Nov 6, 2026
Contents
EX-99.5 · ● Existing projects
Existing projects
| Name | Location | Size (MWdc/MWh) | Timeline | Milestone | Current Status |
|---|---|---|---|---|---|
| US1 | New York, USA | 0.4 | December 2022 | Reach PTO (permission to operate) | EPC project. It reached substantial completion in December 2022. The Company acquired 100% of the project in December 2023 |
| VC1 | New York, USA | 0.3 | December 2022 | Reach PTO (permission to operate) | EPC project. It reached PTO in December 2022. The Company acquired 100% of the project in December 2023 |
| Manlius | New York, USA | 5.7 | January 2024 | Reach PTO (permission to operate) | EPC project. It reached PTO in January 2024 |
| Geddes | New York, USA | 3.7 | Q3 FY2025 | Reach PTO (permission to operate) | Construction started in September 2023. This is the largest project to date to be owned by the Company |
| Settling Basins - 1 | New York, USA | 7.0 | Q4FY2025 | Reach PTO (permission to operate) | EPC project. Construction started in November 2023 |
| Settling Basins - 2 | New York, USA | 7.0 | Q4FY2025 | Reach PTO (permission to operate) | EPC project. Construction started in November 2023 |
| Settling Basins - 3 | New York, USA | 7.0 | Q4FY2025 | Reach PTO (permission to operate) | EPC project. Construction started in November 2023 |
| 261 Township | Alberta, Canada | 1.4 | Q2FY2025 | Reach PTO (permission to operate) | It’s the first phase of a total 4.2MW project. Engineering and procurement started in April 2024, and construction started in July 2024. |
| BESS | Ontario, Cananda | Discharge: 4.74 Storage: 18.96 | Q1FY2026 | Reach PTO (permission to operate) and secure financing for construction. | EPC project. EPC agreement entered Oct. 3, 2023 for the construction of 3 separate BESS projects. The Company is working to secure financing for the construction of the projects. |
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