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PowerBank Brings Largest U.S. Solar Asset Online, Launches Bitcoin Treasury Strategy

It repurposes a capped landfill to produce enough electricity for roughly 450 homes annually.

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Overview

  • The Geddes Solar Power Project on a former New York landfill has begun full commercial operation as PowerBank’s biggest U.S. owned-and-operated facility.
  • The 3.79 MW installation will supply clean energy for approximately 450 homes each year.
  • PowerBank will channel net cash flows from Geddes into Bitcoin purchases under its newly unveiled treasury strategy.
  • Solar Simplified remains responsible for customer enrollment and service across the community solar offering.
  • The company is evaluating extending its energy-to-digital-asset model to additional solar and battery storage sites in its independent power portfolio.