SolarBank

Toronto, Canada Founded: 2013 • Age: 13 yrs
Utility-scale solar power farms are developed by SolarBank.
Annual revenue $30.4M Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About SolarBank

SolarBank is a company based in Toronto (Canada) founded in 2013. SolarBank has completed 1 acquisition, including Solar Flow. SolarBank offers products and services including Solar Project Development and Solar Plant Operation. SolarBank operates in a competitive market with competitors including Jade Power, Baseload Power, Saturn Power, SolarSteam and NU-E Corp, among others.

  • Headquarter Toronto, Canada
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Powerbank Corporation
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $30.37 M (USD)
    -28.86
    as on Jun 30, 2025
  • Net Profit
    -$22.7 M (USD)
    -793.56
    as on Jun 30, 2025
  • EBITDA
    -$2.65 M (USD)
    -173.69
    as on Jun 30, 2025
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    Not available
  • Investments & Acquisitions
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IPO & Listings of SolarBank

SolarBank is a publicly listed company on the NEO with ticker symbol SUNN in Canada, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NEO · Ticker: SUNN · Sector: Utilities · Canada

Products & Services of SolarBank

SolarBank offers a comprehensive portfolio of products and services, including Solar Project Development and Solar Plant Operation.

Product name locked
Category locked
Primary

Develops solar projects for commercial and utility sectors

Product name locked
Category locked
Locked

Operates and maintains solar facilities for optimal performance

Funding Insights of SolarBank

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Detailed funding history for SolarBank

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  • Round names and dates
  • Funding amounts
  • Participating investors
  • Valuation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by SolarBank

SolarBank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Solar Flow.

Investments
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Investment portfolio details for SolarBank

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Solar PV projects are developed and operated in Ontario.
Locked Locked 2012 Locked
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Complete acquisition details for SolarBank

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - SolarBank

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Detailed financials for SolarBank

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Solarbank Comparisons

SolarBank Primary company
Description
Utility-scale solar power farms are developed by SolarBank.
Location
Toronto, Canada
Founded Year
2013
Annual Revenue
$30.37 M (USD)
Net Profit
-$22.7 M (USD)
EBITDA
-$2.65 M (USD)
Employees
Not available
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Peer comparison for SolarBank

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of SolarBank

SolarBank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jade Power, Baseload Power, Saturn Power, SolarSteam and NU-E Corp, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Solar and wind energy projects are developed in renewable sector.
Locked Locked Locked
Company focused on developing and delivering clean energy solutions through various projects
Locked Locked Locked
Solar energy projects are developed by Saturn Power in Canada.
Locked Locked Locked
Solar energy projects are developed by SolarSteam in Canada.
Locked Locked Locked
Utility-scale solar power projects are developed by NU-E Corp.
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Detailed competitors of SolarBank

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  • Domains and locations
  • Full company profiles
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Latest news on Solarbank

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Complete news archive for SolarBank

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about SolarBank

SolarBank was founded in 2013.

SolarBank is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Richard Lu is the current CEO of SolarBank.

Annual revenue of SolarBank is $30.37M as on Jun 30, 2025.

SolarBank was founded in 2013 and is headquartered in Toronto, Canada. Operations are centered in the renewable energy sector, with a focus on the development of utility-scale solar power farms. Projects are managed to support large-scale solar energy production. The company is led by CEO Richard Lu, and its online presence is maintained through solarbankcorp.com. Activities are conducted primarily in North America.

SolarBank's top competitors include NU-E Corp, Jade Power and Saturn Power.

SolarBank offers Solar Project Development and Solar Plant Operation.

Yes, SolarBank is publicly traded on NEO under the ticker symbol SUNN.

SolarBank has made 1 acquisition, including Solar Flow.

The ticker symbol of SolarBank is SUNN on NEO.

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