12:22:29 EST Tue 23 Dec 2025
Enter Symbol
or Name
USA
CA



Global Power Solutions Corp
Symbol PWER
Shares Issued 24,316,976
Close 2025-12-22 C$ 0.40
Market Cap C$ 9,726,790
Recent Sedar Documents

Global Power, Cool Solar sign NDA re Burundi project

2025-12-23 09:27 ET - News Release

Mr. Mervyn Pinto reports

GLOBAL POWER SOLUTIONS CORP. PROVIDES UPDATE ON RENEWABLE ENERGY BUSINESS DEVELOPMENT AND SOLAR PROJECT IN BURUNDI

Global Power Solutions Corp. has provided an update on its recent business development activities, reflecting the company's strategic transition to include the development and execution of renewable energy projects.

The company recently completed a corporate rebranding from Minaean SP Construction Corp. to Global Power Solutions Corp., better aligning its name, business model and market positioning with its additional focus on renewable power generation, energy infrastructure development and project execution. The company's common shares now trade under the symbol PWER on the TSX Venture Exchange.

Solar power project in Burundi -- public-private partnership (PPP)

Pursuant to a previously signed memorandum of understanding with the government of the Republic of Burundi, Global Power Solutions has been approached by the Ministry of Hydraulics, Energy and Mines to participate in the financing, development and execution of a 10-megawatt solar photovoltaic power project located at Hilgiro Hill, Mubuga zone, Gitega province, Republic of Burundi.

The project is being developed on a public-private partnership (PPP) basis under the directives of the Council of Ministers of Burundi and is being advanced by Gigawatt Burundi. Detailed project studies have been completed, and the company is currently in discussions to form a consortium of qualified international and regional partners to execute the project.

The proposed 10-megawatt solar facility will represent an expansion of the existing 7.5-megawatt Mubuga solar power plant, which was successfully constructed approximately two years ago. The total project cost is currently estimated at approximately $12-million (U.S.). The project is expected to be executed using innovative high-efficiency solar panel technology provided by Cool Solar GmbH, designed to deliver enhanced energy output, improved performance in high-temperature environments and optimized life-cycle efficiency.

As part of its consortium-building efforts, Global Power Solutions has executed a non-disclosure agreement (NDA) with Cool Solar, a Germany-based renewable energy company, for execution of the project as an EPC (engineering, procurement and contracting) company.

About Global Power Solutions Corp.

Global Power Solutions is a company well known for its pioneering efforts in the manufacture of light gauge steel components for the construction industry and modular metal buildings. The business strategy of the company is being expanded to the pursuit of other industrial opportunities, including the development and execution of renewable energy and other clean energy infrastructure projects.

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