PowerBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN; FSE: 103) announces that its largest owned and operational asset in the United States is now fully operational.
The Geddes Solar Power Project in New York State, with an installed capacity of 3.79 MW, enters operation and becomes PowerBank's first project designed to support a digital asset reserve model, providing the company with Bitcoin exposure and validating a treasury strategy based on renewable energy.
This milestone demonstrates how renewable generation can be integrated with innovative financial strategies: the Geddes project provides clean energy, reduces the carbon footprint, and enables PowerBank to explore Bitcoin reserves backed by physical assets. Geddes is the first of possibly several projects that will allow the company to combine energy infrastructure and digital assets to diversify its balance sheet.
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