Solar developer PowerBank (Nasdaq: PBK) disclosed a Nodiac data-center framework; construction requires site-level economics, permits, feasibility and financing.

PowerBank’s Form 20-F describes its June 29, 2026 agreement with Nodiac Corp., a developer of modular, containerized data centers co-located with renewable-energy assets. The framework concerns distributed AI compute infrastructure at suitable US solar and battery energy storage system (BESS) sites within PowerBank’s portfolio.

The filing requires a project economics schedule negotiated site by site, required permits, technical feasibility and financing arrangements before any modular data-center construction. It does not establish that a data center has been built, that a GPU fleet has been procured or that compute-service revenue is being generated.

The disclosures distinguish this June agreement from an April 8, 2026 LOI, which covered North American solar and BESS sites and was expressly not a definitive agreement. This is a documented extension of PowerBank’s renewable-infrastructure activities into a conditional data-center framework, rather than evidence of a completed conversion into a GPU-cloud operator.

The Form 20-F also records a Nasdaq minimum-bid-price notice announced on April 7, following 30 consecutive business days below US$1.00 per share. The notice had no immediate listing effect, and the initial 180-day compliance period ran through September 29, 2026; the supplied excerpt does not establish that compliance had been restored.