Global Power Solutions Corp. Submits Expression of Interest for 15 MW Waste-to-Energy Project in Democratic Republic of Congo

Vancouver, BC, Canada, April 17, 2026 (GLOBE NEWSWIRE) -- Global Power Solutions Corp. (TSX Venture Exchange: PWER; Frankfurt Stock Exchanges: NJA) (“Global Power” or the “Company”) is pleased to announce that it has submitted an Expression of Interest (“EOI”) for the potential development and operation of a 15 megawatt (MW) waste-to-energy plant in Kinshasa, Democratic Republic of Congo (“DRC”).

The Company, working with its proposed special purpose project partner, Dhatu Group of Uganda, has participated in preliminary discussions with stakeholders regarding the potential development of a waste-to-energy facility based on the collection of municipal solid waste in the city of Kinshasa.

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Kinshasa, with an estimated population of approximately 18.5 million residents, is reported to generate in excess of 7,000 tonnes of municipal waste per day. Based on its preliminary analysis of potential project parameters – including feedstock availability, development cost, execution considerations, and potential economic viability – the Company has submitted an EOI outlining a conceptual 15 MW waste-to-energy facility utilizing approximately 1,000 tonnes of waste per day as feedstock.

In advance, the project would be expected to utilize modern thermal waste-to-energy technology designed to convert municipal solid waste into reliable baseload electricity for delivery to the national grid.

The proposed project concept is intended to contribute to improved waste management and urban sanitation, while also supporting electricity generation capacity within the region.

The submission of the EOI represents an early-stage proposal only. Any potential development of the project would be subject to further technical evaluation, feasibility studies, regulatory approvals, financing arrangements, and the negotiation of definitive agreements with relevant governmental and project stakeholders.

Haneef Esmail, Chief Financial Officer, Chairmen and director of Global Power Solutions, commented:

“The Company’s submission of the Expression of Interest is exploratory in nature and is intended to assess potential participation in the project development process. Global Power’s potential role, if the project advances, could include project development support, technology integration, or other participation alongside local partners. No definitive agreements have been entered into at this stage.”

About Global Power Solutions Corp.

Global Power Solutions Corp. 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.