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POWERBANK CORPORATION
US NASDAQ SYMBOL: SUUN
Canada CBOE Symbol: SUNN
Last Close: 1.64 | Website | Latest News
Disseminated on behalf of PowerBank Corporation
The next potentially VIRAL Alternative Energy Play on the NASDAQ is BACK once again and this time we're looking at a major technical Breakout event!
WE ARE ISSUING AN IMMEDIATE MOMENTUM ALERT ON SUUN!
SUUN (PowerBank Corporation) is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA.
SUUN develops solar and Battery Energy Storage System (BESS) that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. The Company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built.
Since 2022, SUUN has seen over 472% REVENUE GROWTH with 2024 numbers exceeding $58 MILLION CAD!
Not bad for a stock trading UNDER $2!
And while 2025 Revenues slightly decreased to $41.5 MIL CAD due to SUUN transitioning to their IPP (Independent Power Producer) strategy, if you dig in a bit, the company still saw 1,508% increase in revenues from IPP production supporting this new strategy of generating long-term recurring revenues and 253% increase in assets fueled by growth of their IPP portfolio!
SUUN MOMENTUM IS GROWING AS IT LOOKS TO BREAK THE 50 DAY MA
One look at SUUN's chart history and it's obvious this stock is no stranger big VIRAL Rallies in the past.
Just last January, this stock staged an INSANE 230% RALLY to highs of 6.43 from around the same prices we're at again today!!!
And now momentum is growing AGAIN....
SUUN appears to have found long term support, developing into a Descending Triangle Pattern. Now it's begun to test the upper limits of that Triangle Pattern (yellow dotted line) AND the critical 50 Day MA resistance (blue line)!
Could a breach of the 50 Day MA trigger another PARABOLIC Breakout to past highs and beyond? Read on...
WHAT MAKES SUUN SO UNIQUE
While Solar Energy growth has been immense over the last decade and the race is on for dominance between China, Europe and the US -- it's been widely covered that very few solar projects are successful in the long-term
Most solar companies are just developers, just contractors, or just operators.
And that's what makes SUUN so attractive. This company has developed a vertically integrated approach from day one that can provide profit from every part of the value chain.
So instead of building at someone else’s direction, SUUN can take FULL OWNERSHIP!
It’s an approach that ensures control over costs, engineering, and returns. Projects delivered on time and on budget. Once the project is complete— on time and within budget—they sell it to the client or retain it as part of their growing IPP portfolio!
And of course, those large companies don’t want to manage it, so they hire SUUN to perform operations and maintenance ensuring revenues for DECADES!!
SUUN has a 100% successful project completion rate once construction begins, and 100% retention of their client base.
Most importantly, vertical integration means SUUN makes money from before the first shovel-turn until the end of life for the solar panel!!
WHATS NEXT FOR SUUN?
SUUN developed the expertise by developing solar for others. Now it’s time to build it for themselves, lease it out, and reap the high profit margins!
In October 2023, SUUN began implementing the fourth and final phase of its roadmap: becoming an Independent Power Producer (IPP).
Reaching the elusive IPP phase unlocks maximum value from a solar company by enabling it to own facilities that generate AND sell electric power. Essentially, SUUN already builds out all its own solar projects, then sells them.
Every time SUUN completes another solar power plant, they have the option to just keep owning it and generating from it as an IPP.
To that end, SUUN acquired one of the companies it had built many of the projects for—Solar Flow-Through Funds—in July 2024. They had built many of the company’s projects and knew just how much revenue the contracts were generating.
That immediately added approximately $10 million CAD in recurring revenue through existing IPP contracts!
Starting with small, profitable ventures, they’ve since built hundreds solar projects totaling $100M CAD in value and they have a massive, 1GW+ pipeline of projects in the works. The company’s IPP portfolio has already grown to more than 30MW.
SUUN RECENT DEVELOPMENTS
5 MW AC Distributed Solar and Battery Energy Storage System Project in New York Announced by PowerBank
Executed a lease agreement on a 5 MW AC hybrid solar plus battery energy storage project known as the NY-Cloverdale Rd project in upstate New York.
$168 Million USD in Construction Value of Projects - PowerBank Shares Additional Information on the Safe Harbor of 15 Distributed Solar and Energy Storage Projects in New York State
Projects to Power Equivalent of 7,500 Homes. Community Solar and Energy Storage Projects Remain Eligible for 30% Investment Tax Credit and Potential Bonus Adders
PowerBank Returns to Profitability with 106% Year-Over-Year Gross Profit Growth in Q1, 145% Adjusted EBITDA Increase
THE BOTTOM LINE
All you have to do is look at the numbers...
$58 MILLION CAD generated in 2024 from just over $10 MIL CAD in 2022! That's over 472% REVENUE GROWTH!
And as noted above, the trend continues as the company announced a return to profitability in Q1!
With a vertical integration strategy that allows SUUN to essentially conquer the Solar Industry, it's no wonder why analysts are excited about this stock.
SUUN has found a unique niche in the rapid growth Solar Energy landscape that allows this company to essential profit for decades to come - ie the life of it's solar projects.
And that's what makes SUUN so attractive in the long term.
However...SUUN also has a chart already hinting at another BREAKOUT with Momentum growing.
And that's what makes SUUN so attractive in the short term!
Make sure you put SUUN on your screen RIGHT NOW and
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