 
 
Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice.
PowerBank Corporation, a leading developer of renewable energy solutions specializing in distributed solar and battery storage, has commissioned its largest U.S. asset, the 3.79 MW Geddes Solar Project in New York.
This achievement not only underscores the company’s position as a clean energy leader but also signals the official launch of its Bitcoin-oriented treasury strategy.
Commenting on the launch, Dr. Richard Lu, President and CEO, stated:
“This is a pivotal moment for PowerBank. Geddes isn’t just our largest U.S. asset—it’s our launchpad into a bold, dual-track strategy that fuses clean energy leadership with innovation. By deploying net cash generated by this project into Bitcoin, we are enhancing the value of our operating assets while aligning ourselves with a future-focused monetary reserve model.”
 
Why Bitcoin?
PowerBank’s decision to allocate surplus revenue from Geddes into Bitcoin reflects a growing trend among forward-thinking corporations to hold non-correlated, asymmetric assets. The move offers flexibility, with potential long-term upside, while leveraging one of the company’s highest-performing clean energy projects.
The treasury initiative is also designed to complement PowerBank’s broader growth strategy, which includes scaling its Independent Power Producer (IPP) portfolio of solar and battery energy storage projects.
Inside the Geddes Project
The Geddes Solar Power Project, constructed on a reclaimed landfill in New York, has turned a once-neglected site into a thriving hub for clean energy production. With a capacity of 3.79 MW DC, the facility generates enough electricity to power roughly 450 homes each year. Designed as a ground-mounted, utility-scale installation, the project seamlessly feeds energy into the local grid, directly supporting community power needs.
More than just a solar farm, Geddes serves as a model for how renewable energy initiatives can be combined with forward-looking strategies, such as digital assets, to create long-term value.
Future Expansion and Partnerships
PowerBank is considering extending its Bitcoin treasury strategy across additional renewable projects, depending on performance and market conditions. All Bitcoin purchases will be funded only after meeting operational, debt service, and capital requirements.
The collaboration between PowerBank and Solar Simplified is designed to optimize subscription rates across its community solar initiatives, enhancing customer acquisition, enrolment, and overall project performance.
About PowerBank
PowerBank Corporation is a leading developer and owner of renewable energy assets, specializing in distributed solar and advanced battery energy storage systems (BESS). With over 100 MW of operational projects and a development pipeline exceeding 1 GW across North America, PowerBank is driving the transition to clean, reliable, and decentralized energy solutions. The company’s portfolio includes community solar projects, utility-scale partnerships, and innovative energy storage initiatives, all designed to deliver long-term value, sustainability, and energy resilience.
Source: https://zycrypto.com/powerbank-launches-3-79-mw-geddes-solar-project-merging-clean-energy-with-bitcoin-treasury-strategy/