Technology

PowerBank Announces 4 MW Solar Project in North Bruce Peninsula, Ontario

Published

1 hour ago

August 11, 2026

Project expected to power the equivalent of approximately 640 homes

TORONTO, Aug. 11, 2026 /CNW/ — PowerBank Corporation (Nasdaq: PBK) (Cboe CA: PBK) (FSE: 103) (“PowerBank” or the “Company”), a leader in independent energy development and asset ownership in North America, is pleased to announce it has executed a new lease agreement for a 4 MW ground-mount solar project known as the ON-765 West Solar Project (the “Project”) in North Bruce Peninsula, Ontario. The Project is expected to generate enough clean electricity to power the equivalent of approximately 640 homes in the province once operational.

The Project is expected to be eligible for the Clean Technology Investment Tax Credit, offered by the Canadian federal government, which provides eligible corporations with a refundable tax credit of up to 30% of the capital cost of qualifying clean energy investments, including solar and energy storage equipment.

As artificial intelligence, electrification, and broader digital infrastructure growth place unprecedented new demands on Ontario’s electricity grid¹, distributed energy projects like ON-765 West are becoming an increasingly important part of the province’s energy mix. Unlike large, centralized generation facilities, distribution-level solar projects add capacity in smaller increments across many points on the grid, closer to where power is actually consumed, reducing strain on transmission infrastructure and losses along the way².This model can also improve grid resiliency and often be brought online faster than utility-scale projects, which frequently face years-long interconnection and permitting timelines³. As demand grows, a broad base of distributed generation helps ensure power availability keeps pace without relying solely on a small number of large projects.

PowerBank’s proven expertise, with over 100 MW of completed projects and a development pipeline exceeding 1 GW, underpins the project’s execution. Strategic partnerships and institutional-grade development capabilities position PowerBank to deliver reliable, high-impact energy solutions.

The next step with respect to the Project is to complete preliminary assessments and advance the permitting process. There are several risks associated with the development of the Project. The development of any project is subject to required permits, the continued availability of third-party financing arrangements for the Company, the risks associated with the construction of a solar energy project and the degradation of solar energy production capacity over time based on the number of discharge cycles. In addition, governments may revise, reduce or eliminate incentives and policy support schemes for solar power projects, which could result in future projects no longer being economic. Please refer to “Forward-Looking Statements” for additional discussion of the assumptions and risk factors associated with the projects and statements made in this press release.

About PowerBank Corporation

PowerBank Corporation is a vertically integrated and independent North American energy company helping to power the digital economy. The Company develops, builds, owns, and operates solar and battery energy storage systems that deliver reliable and resilient power to the electricity grid, commercial and industrial clients, and municipal and residential off-takers. As AI and digital infrastructure drive unprecedented electricity demand, PowerBank is uniquely positioned to deliver the speed, scale, and energy independence that the next generation of power consumers requires, without waiting years for permitting and grid interconnection. The Company has a potential development pipeline of over one gigawatt and has developed energy projects with a combined capacity of over 100 megawatts built. To learn more about PowerBank, please visit www.powerbankcorp.com.

Notes

[1]: IESO, “2026 Annual Planning Outlook,” https://ieso.ca/Sector-Participants/Planning-and-Forecasting/Annual-Planning-Outlook/2026-APO-Summary

[2]: US EPA, “Distributed Generation of Electricity and its Environmental Impacts,” https://www.epa.gov/energy/distributed-generation-electricity-and-its-environmental-impacts

[3]: Inside Supply Management, “How Distributed Generation Increases Power Grid Scale and Resiliency,” https://www.ismworld.org/supply-management-news-and-reports/news-publications/inside-supply-management-magazine/blog/2024/2024-05/how-distributed-generation-increases-power-grid-scale-and-resiliency/

FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements and forward-looking information ‎within the meaning of Canadian securities legislation (collectively, “forward-looking ‎statements”) that relate to the Company’s current expectations and views of future events. ‎Any statements that express, or involve discussions as to, expectations, beliefs, plans, ‎objectives, assumptions or future events or performance (often, but not always, through the ‎use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will ‎continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, ‎‎”projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be ‎forward-looking statements and may involve estimates, assumptions and uncertainties ‎which could cause actual results or outcomes to differ materially from those expressed in ‎such forward-looking statements. In particular and without limitation, this news release ‎contains forward-looking statements pertaining to the Company’s expectations regarding its industry trends and overall market growth; the development of the Project; the expected energy production from the Project; and the size of the Company’s development pipeline. No assurance ‎can be given that these expectations will prove to be correct and such forward-looking ‎statements included in this news release should not be unduly relied upon. These ‎statements speak only as of the date of this news release.‎

Forward-looking statements are based on certain assumptions and analyses made by the Company in light of the experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties. In making the forward looking statements included in this news release, the Company has made various material assumptions, including but not limited to: obtaining the necessary regulatory approvals; that regulatory requirements will be maintained; execution of definitive agreements for suitable solar or BESS sites; that power is available to be sufficient to support a modular data center; general business and economic conditions; the Company’s ability to successfully execute its plans and intentions; the availability of financing on reasonable terms; the Company’s ability to attract and retain skilled staff; market competition; the products and services offered by the Company’s competitors; that the Company’s current good relationships with its service providers and other third parties will be maintained; and government subsidies and funding for renewable energy will continue as currently contemplated. Although the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and the Company cannot assure that actual results will be consistent with these forward-looking statements. Given these risks, uncertainties and assumptions, investors should not place undue reliance on these forward-looking statements.

Whether actual results, performance or achievements will conform to the Company’s expectations and predictions is subject to a number of known and unknown risks, uncertainties, assumptions and other factors, including those listed under “Forward-‎Looking Statements” and “Risk ‎Factors” in the Company’s most recently completed Annual Information Form, and other public filings of the Company, which include: the Company may be adversely affected by volatile solar power market and industry conditions; failure to execute definitive agreements for suitable solar or BESS sites; power availability may not be sufficient to support a modular data center; the execution of the Company’s growth strategy depends upon the continued availability of third-party financing arrangements; the Company’s future success depends partly on its ability to expand the pipeline of its energy business in several key markets; governments may revise, reduce or eliminate incentives and policy support schemes for solar and battery storage power; general global economic conditions may have an adverse impact on our operating performance and results of operations; the Company’s project development and construction activities may not be successful; developing and operating solar Project exposes the Company to various risks; the Company faces a number of risks involving Power Purchase Agreements (“PPAs”) and project-level financing arrangements; any changes to the laws, regulations and policies that the Company is subject to may present technical, regulatory and economic barriers to the purchase and use of solar power; the markets in which the Company competes are highly competitive and evolving quickly; an anti-circumvention investigation could adversely affect the Company by potentially raising the prices of key supplies for the construction of solar power projects; foreign exchange rate fluctuations; a change in the Company’s effective tax rate can have a significant adverse impact on its business; seasonal variations in demand linked to construction cycles and weather conditions may influence the Company’s results of operations; the Company may be unable to generate sufficient cash flows or have access to external financing; the Company may incur substantial additional indebtedness in the future; the Company is subject to risks from supply chain issues; risks related to inflation and tariffs; unexpected warranty expenses that may not be adequately covered by the Company’s insurance policies; if the Company is unable to attract and retain key personnel, it may not be able to compete effectively in the renewable energy market; there are a limited number of purchasers of utility-scale quantities of electricity; compliance with environmental laws and regulations can be expensive; corporate responsibility may adversely impose additional costs; the future impact of any global pandemic on the Company is unknown at this time; the Company has limited insurance coverage; the Company will be reliant on information technology systems and may be subject to damaging cyberattacks; the Company may become subject to litigation; there is no guarantee on how the Company will use its available funds; the Company will continue to sell securities for cash to fund operations, capital expansion, mergers and acquisitions that will dilute the current shareholders; and future dilution as a result of financings.

The Company undertakes no obligation to update or revise any ‎forward-looking statements, whether as a result of new information, future events or ‎otherwise, except as may be required by law. New factors emerge from time to time, and it ‎is not possible for the Company to predict all of them, or assess the impact of each such ‎factor or the extent to which any factor, or combination of factors, may cause results to ‎differ materially from those contained in any forward-looking statement. Any forward-‎looking statements contained in this news release are expressly qualified in their entirety by ‎this cautionary statement.‎

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SOURCE PowerBank Corporation

Technology

ChargerGoGo Named to the 2026 Inc. 5000 List, the Most Prestigious Ranking of America’s Fastest-Growing Private Companies

Published

25 minutes ago

August 11, 2026

Company Recognized for 467% Three-Year Revenue Growth, Earning a Place Among the Nation’s Most Successful Independent Businesses

LAS VEGAS, Aug. 11, 2026 /PRNewswire-PRWeb/ — ChargerGoGo today announced it has been ranked No. 744 on the 2026 Inc. 5000 list, the annual list of the fastest-growing private companies in America. The list is the most prestigious ranking of the nation’s most successful independent and entrepreneurial businesses, recognizing companies that have achieved remarkable growth while driving innovation, creating jobs, and shaping the future of the economy. Past honorees include companies such as Microsoft, Meta, Chobani, Oracle, and Patagonia.

“Our success will ultimately be measured not only by how far ChargerGoGo grows, but by how many of our Distribution Partners build successful companies of their own — and one day earn their own place on the Inc. 5000.” — June Zhu, Founder & CEO, ChargerGoGo

“Being named No. 744 on the 2026 Inc. 5000 — including No. 5 in the Las Vegas metro area and No. 41 in the AI & Data category — is a powerful validation of ChargerGoGo’s business model, technology, and long-term growth potential,” said June Zhu, Founder and CEO of ChargerGoGo. “But this recognition is not ours alone. It belongs to the venue partners and Distribution Partners who are building this network alongside us every day. ChargerGoGo was built on the belief that technology should create opportunities for entrepreneurs, not just for technology companies. Our mission is not simply to grow ChargerGoGo, it is to give our Distribution Partners the technology, infrastructure, business model, and support they need to build and scale successful companies of their own. One day, we hope to see ChargerGoGo Distribution Partners earning their own places on the Inc. 5000. That will be one of the greatest measures of our success.”

This year’s Inc. 5000 recognizes a new class of companies redefining what growth looks like. From AI and advanced manufacturing to healthcare, consumer products, and professional services, these businesses are expanding their impact, creating jobs and proving that entrepreneurial ambition continues to fuel the U.S. economy. Among the 5,000 companies on the list, the median three-year revenue growth rate was 130%, and those companies have collectively added more than 627,208 jobs to the U.S. economy over the past three years.

For the full Inc. 5000 list, honoree company profiles, and a searchable database by industry and location, please visit: www.inc.com/inc5000.

“Every company on the Inc. 5000 has a story of perseverance, smart decision making, and a refusal to sit still,” says Mike Hofman, editor-in-chief of Inc. “Their growth reflects more than strong financial performance–it reflects creativity, resilience, and the customer focus required to build companies that make a lasting impact. We congratulate all honorees on this significant achievement.”

Inc. will celebrate the honorees at the 2026 Inc. 5000 Conference & Gala, taking place October 14–16 in Dallas, Texas and the top 500 will be listed in the Fall issue of Inc. Magazine. Tickets are on sale now.

Inc. 5000 List Methodology

Companies on the 2026 Inc. 5000 are ranked according to percentage revenue growth from 2022 to 2025. To qualify, companies must have been founded and generating revenue by March 31, 2022. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2025. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2022 is $100,000; the minimum for 2025 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons.

About ChargerGoGo

ChargerGoGo is a leading nationwide provider of portable phone charging solutions and smart venue infrastructure, operating a rapidly growing network of over 1.5 million app users across all 50 U.S. states and 7 countries. Through its network of charging stations and integrated digital out-of-home (DOOH) advertising screens, ChargerGoGo enhances customer experience while enabling venues and local entrepreneurs to generate recurring revenue and unlock new digital engagement opportunities.

At the core of its ecosystem is GoGoSpark, ChargerGoGo’s AI-powered platform designed to empower entrepreneurs, operators, and business owners with real-time insights, performance optimization, and intelligent growth tools. By combining physical infrastructure with AI-driven software and a scalable partner network, ChargerGoGo is building a community-driven platform where technology, entrepreneurship, and shared success come together.

About Inc.

Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit www.inc.com.

Media Contact

Cameron Kramer, ChargerGoGo, 1 8182080081, cameron.k@chargergogo.com, chargergogo.com

Twitter

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SOURCE ChargerGoGo

Technology

AMS Earns Spot on the 2026 Inc. 5000 List, the Most Prestigious Ranking of America’s Fastest-Growing Private Companies

Published

25 minutes ago

August 11, 2026

AMS today announced it has been ranked No. 2,108 on the 2026 Inc. 5000, the annual list of the fastest-growing private companies in America, after achieving 161% revenue growth over the past three years.

HUNTSVILLE, Ala., Aug. 11, 2026 /PRNewswire-PRWeb/ — AMS today announced it has been ranked No. 2,108 on the 2026 Inc. 5000, the annual list of the fastest-growing private companies in America, after achieving 161% revenue growth over the past three years.

“This milestone reflects the dedication of our employees and the trust of our customers. Our significant growth is attributable to our team’s ability to deliver exceptional mission focused solutions in support of the warfighter,” said Steve Thomas, AMS president.

The recognition places AMS among an elite group of companies demonstrating exceptional revenue growth, innovation and business success. Since becoming an independent company in 2022, AMS has expanded its portfolio of air and missile defense technologies, grown its contract base and invested in facilities and security infrastructure to support critical national security missions.

Founded on a legacy of technical excellence, AMS has grown from 116 employees at its launch to more than 300 employees today. In 2024, the company transitioned to an Employee Stock Ownership Plan (ESOP), further strengthening its commitment to employee ownership and long-term success.

This year’s Inc. 5000 recognizes a new class of companies redefining what growth looks like. Among the 5,000 companies on the list, the median three-year revenue growth rate was 130%, and those companies have collectively added more than 627,208 jobs to the U.S. economy over the past three years.

“We are grateful to our customers for their partnership and to our employee-owners, whose commitment to the mission makes achievements like this possible. Our focus remains on building a company that creates long-term opportunities for employees and enduring value for our customers,” Thomas said.

For the full Inc. 5000 list, honoree company profiles, and a searchable database by industry and location, visit www.inc.com/inc5000.

Inc. 5000 List Methodology Companies on the 2026 Inc. 5000 are ranked according to percentage revenue growth from 2022 to 2025. To qualify, companies must have been founded and generating revenue by March 31, 2022. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2025. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2022 is $100,000; the minimum for 2025 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons.

About Inc. Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit www.inc.com.

About AMS AMS is an employee-owned, technology-driven company delivering advanced engineering and technology for critical national security missions. The company specializes in air and missile defense radars, seekers, interceptors, command and control and unmanned systems. Our team of engineers are experts in electrical and computer engineering, mechanical design, prototyping and real-time software development. The company of 300+ employees is headquartered in Huntsville, AL.

Media Contact:

Whitney Schmitt

O: 256-932-6175

C: 256-345-0380

Whitney.schmitt@ams.us

Media Contact

Whitney Schmitt, AMS, 1 256-345-0380, whitney.schmitt@ams.us, www.ams.us

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SOURCE AMS

Technology

Revuud Ranks No. 293 on the 2026 Inc. 5000 and No. 26 Among Software Companies

Published

25 minutes ago

August 11, 2026

Healthcare IT workforce platform recognized for impressive three-year revenue growth as health systems seek faster, more flexible access to specialized expertise

CHARLOTTE, N.C., Aug. 11, 2026 /PRNewswire-PRWeb/ — Revuud, the healthcare IT workforce platform helping health systems find, engage, and manage specialized consultants, today announced that it ranked No. 293 overall on the 2026 Inc. 5000 list and No. 26 in the Software category.

Health systems are balancing more technology priorities than ever, but the process for accessing specialized talent can still be slow, expensive, and fragmented. Our growth reflects the demand for a model that gives organizations greater speed, transparency, and control.

Revuud’s growth reflects a broader shift in how healthcare organizations build and manage IT teams. As health systems advance Epic optimization, AI, cybersecurity, interoperability, data, cloud, and digital transformation initiatives—often simultaneously—many are looking for faster, more flexible ways to access specialized expertise without relying exclusively on traditional staffing models.

The Inc. 5000 is the annual list of the fastest-growing private companies in America. The list is the most prestigious ranking of the nation’s most successful independent and entrepreneurial businesses, recognizing companies that have achieved remarkable growth while driving innovation, creating jobs, and shaping the future of the economy. Past honorees include companies such as Microsoft, Meta, Chobani, Oracle, and Patagonia.

“Ranking No. 293 on the Inc. 5000 and No. 26 among software companies is an incredible milestone for Revuud,” said Dan Schubert, CEO and Co-Founder of Revuud. “It validates something we have believed from the beginning: healthcare organizations need a better way to build and manage flexible IT teams. Health systems are balancing more technology priorities than ever, but the process for accessing specialized talent can still be slow, expensive, and fragmented. Our growth reflects the demand for a model that gives organizations greater speed, transparency, and control. This recognition belongs to our employees, customers, consultants, and partners who have helped us build a better way forward.”

Growth Driven by a Changing Healthcare IT Workforce

Revuud gives healthcare organizations direct access to experienced healthcare IT consultants through a centralized workforce platform. Health systems can find new talent, re-engage trusted consultants, build reusable talent networks, and manage external engagements with greater visibility and control.

Scout, Revuud’s proprietary AI assistant, supports the process by evaluating consultant skills, experience, certifications, work history, rates, and availability to help identify strong potential matches for healthcare IT opportunities.

Revuud has also expanded its role as a source of healthcare IT workforce intelligence. In 2026, the company published its inaugural Healthcare IT Workforce Intelligence Report, providing healthcare leaders with proprietary insight into workforce demand, talent availability, consultant pay rates, speed to selected talent, and emerging engagement models.

The Healthcare IT Workforce Intelligence Report is available here.

For the full Inc. 5000 list, honoree company profiles, and a searchable database by industry and location, please visit: www.inc.com/inc5000.

Inc. 5000 List Methodology

About Revuud

Revuud is an AI-powered healthcare IT workforce platform that helps healthcare organizations find, engage, and manage specialized consultants with greater speed, transparency, and control.

Through Revuud, health systems can access experienced healthcare IT professionals, build reusable talent networks, re-engage trusted consultants, and manage external workforce relationships within one centralized platform. Scout, Revuud’s proprietary AI assistant, supports talent discovery, suitability scoring, job creation, and workforce planning. By replacing fragmented, transactional staffing processes with a more direct and flexible workforce model, Revuud helps healthcare organizations reduce staffing friction, strengthen continuity, and mobilize specialized expertise as priorities evolve. Learn more at www.revuud.com.

About Inc.

Media Contact

Haley Martin, Revuud, 1 863-409-1490, hmartin@revuud.com, www.revuud.com

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SOURCE Revuud