SUUN POWERBANK Corp
Price Chart
Executive Summary
PowerBank Corp announced approval of $841,555 USD in NYSERDA incentives for its 3.1 MW NY-South Park community solar project in Buffalo, NY, with potential for up to $1,571,789 USD total. The project is expected to power ~388 homes annually but remains contingent on financing, permits, and continued program qualification. This is a modest, non-material project milestone for a company with a >1 GW pipeline.
Actionable Insight
Routine project milestone with no financial data or guidance changes. Monitor for financing announcements and construction start on this project, but no immediate trading catalyst. The AI/data center pivot announced June 1 is a separate strategic narrative — watch for concrete offtake agreements or capital raises to fund that vertical.
Key Facts
- Approved $841,555 USD NYSERDA incentive for 3.1 MW community solar project in Buffalo, NY
- Potential total NYSERDA funding up to $1,571,789 USD including adders
- Project expected to power equivalent of ~388 homes annually
- Project located on closed landfill site; contingent on financing, permits, and continued qualification
- Company has over 100 MW completed projects and development pipeline exceeding 1 GW
- Filing references June 1, 2026 announcement of AI compute/data center strategic vertical
Financial Impact
Up to $1,571,789 USD in total potential NYSERDA incentives for a single 3.1 MW project; immaterial relative to company's >1 GW pipeline and $68M market cap
Risk Factors
- Project contingent on financing, permits, and continued NYSERDA program qualification — incentive could be rescinded
- No revenue or earnings impact until project is operational, which requires multiple uncertain steps
- Company may need to issue equity to fund development pipeline, causing dilution
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001493152-26-026970 |
| Document: form6-k.htm | 0001493152-26-026970 |
| Document: 0001493152-26-026970-index-headers.html | 0001493152-26-026970 |
| Document: 0001493152-26-026970-index.html | 0001493152-26-026970 |
| Document: 0001493152-26-026970.txt | 0001493152-26-026970 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 8, 2026
4d ago
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6-K
| $0.9500 awaiting T+1 | awaiting T+1 | — | $0.8989 (−5.38%) |
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Jun 4, 2026
8d ago
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6-K
| $1.04 $0.9182 | ▼ −11.71% | ▼ −9.11% | $0.8989 (−13.57%) |
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Jun 3, 2026
9d ago
|
6-K
| $1.12 $1.04 | ▼ −7.14% | ▼ −7.54% | $0.8989 (−19.75%) |
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Jun 1, 2026
11d ago
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6-K
| $1.53 $1.44 | ▼ −5.88% | ▼ −6.03% | $0.8989 (−41.25%) |
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May 28, 2026
15d ago
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6-K
| $1.04 $0.8650 | ▼ −16.83% | ▼ −17.07% | $0.8989 (−13.57%) |
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May 21, 2026
22d ago
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6-K
| $0.6550 $0.7150 | ▲ +9.16% | ▲ +8.71% | $0.8989 (+37.23%) |
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May 15, 2026
28d ago
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6-K
| $0.6760 $0.6110 | ▲ +9.62% | ▲ +9.55% | $0.8989 (−32.97%) |
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May 15, 2026
28d ago
|
6-K
| $0.6758 $0.6110 | ▲ +9.59% | ▲ +9.53% | $0.8989 (−33.01%) |
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May 12, 2026
4w ago
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6-K
| $0.6080 $0.6450 | ▲ +6.09% | ▲ +5.51% | $0.8989 (+47.84%) |
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May 5, 2026
5w ago
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6-K
| $0.6290 $0.6760 | ▲ +7.47% | ▲ +6.09% | $0.8989 (+42.90%) |
US Market Status
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