Powerbank Corporation has announced that the greatest possession of ownership in the US 3.79 MW Geddes Solar Power Project in the state of New York-Nu is fully operational.
This project also marks the official launch of Powerbank’s Bitcoin Treasury strategy.
“This is a crucial moment for Powerbank,” said Dr. Richard Lu, president and CEO. “Geddes is not only our largest American assetum-it is our launch platform in a daring, dual-track strategy that combines clean energy leadership with financial innovation. By implementing net cash that are generated by this project in Bitcoin, we improve the value of our operational asset while we connect us while we connect.”
Built on a recycled landfill, the Geddes project now delivers 3.79 MW of Schone, Renewable Energy – enough to provide about 450 houses with electricity every year – while a under -utilized site is converted into a productively active. But its value extends beyond green power.
Net cash flows of the project will be assigned to the acquisition of Bitcoin at the own discretion of management, creating a hybrid strategy that combines energy generation with strategic investments in digital assets.
Solar Simplified deals with all customer -oriented activities for the company’s community projects, so that it can concentrate on developing and expanding the portfolio of renewable energy.
News item from Powerbank Corporation
