Global Power Solutions Launches Decentralized Power Development Initiative Across North America

Vancouver, British Columbia, March 31, 2026 (GLOBE NEWSWIRE) -- Global Power Solutions Corp (TSXV: PWER) (FSE: NJA) (“Global” or the “Company”) is pleased to announce the launch of its Decentralized Power Development Initiative (the “Initiative”), focused on identifying and evaluating potential deployment opportunities for modular hydrogen-powered energy infrastructure across North America.

If successfully developed, the Company believes these opportunities could collectively represent up to approximately 1,000 megawatts (“MW”) of potential distributed power capacity over time.

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The Initiative represents a strategic progression following the Company’s previously announced definitive joint development and licence agreement (the “Definitive Agreement”), under which Global secured the framework to jointly develop and commercialize modular hydrogen-based power systems utilizing licensed technologies in combination with commercially available, off-the-shelf components.

Peter Medved, Chief Executive Officer of Global Power Solutions Corp., commented:

“Following the execution of the Definitive Agreement, Global is now focused on identifying and evaluating potential project opportunities where decentralized hydrogen-based power systems may provide a reliable and scalable energy solution.

Through this Initiative, the Company intends to work with potential partners, site hosts and energy stakeholders to assess locations where modular power systems could be deployed to address growing demand for reliable energy infrastructure.

Global welcomes engagement from organizations experiencing growing power demand or constrained access to reliable electricity supply.

Interested parties may submit site and project information to the Company for evaluation as part of its structured project review process.”

Strategic Overview

Global’s decentralized utility initiative is designed to support the potential deployment of reliable, scalable, and dispatchable power solutions to high-growth and energy-constrained sectors, including:

• Data centres and AI infrastructure;

• Remote and off-grid communities;

• Industrial and resource operations; and

• Mission-critical and defense-aligned applications.

The Initiative is built on modular hydrogen-based systems that integrate on-site hydrogen production with power generation, leveraging licensed system architecture alongside proven, off-the-shelf technologies.

These systems are intended to suppor