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Skycorp Solar Group Ltd. Embraces Cryptocurrency Payments to Enhance Global Client Experience
Globenewswire· 2025-07-22 12:00
Core Viewpoint - Skycorp Solar Group Limited is adopting cryptocurrency as a payment method for international transactions starting August 1, 2025, supporting major digital assets like Bitcoin, Ethereum, and stablecoins [1][3]. Group 1: Cryptocurrency Adoption - The company will accept Bitcoin (BTC), Ethereum (ETH), and stablecoins such as USDC and USDT for international transactions [1]. - All digital currency payments will be processed through licensed RWS providers specializing in blockchain forensics to ensure regulatory compliance [3]. Group 2: Strategic Investments - Skycorp plans to allocate part of its cash reserves and returns from renewable energy projects to strategic acquisitions of Ethereum as part of its digital asset treasury management program [2]. - The company believes that investments in clean energy infrastructure and ETH staking align with long-term growth opportunities [3]. Group 3: Commitment to Sustainability - The company aims to deliver innovative, secure, and sustainable energy solutions while embracing technologies that support operational excellence and global accessibility [4]. - Skycorp's mission is to become a green energy solutions provider by utilizing solar power and delivering eco-friendly solar PV products [6].
Skycorp Solar Group Announces Board Authorization for Solar Photovoltaic Power Plant Acquisitions and Development
Globenewswire· 2025-07-03 12:00
Core Viewpoint - Skycorp Solar Group Limited has authorized a $150 million investment framework to pursue solar photovoltaic (PV) power plant acquisitions and development projects, marking a significant step in its strategic expansion into renewable energy infrastructure [1][4]. Company Strategy - The company aims to transition from component manufacturing to full-scale renewable energy solutions, emphasizing its commitment to the global energy transition [4]. - The CEO highlighted the combination of technological expertise and disciplined financial oversight as key to successful future acquisitions [4]. Investment Framework - The investment framework is set at $150 million, which will be utilized for acquiring and developing solar PV power plants [1]. - All capital expenditures and fund allocations will be conducted cautiously and incrementally to align with the company's strategic priorities and financial capabilities [4]. Due Diligence Process - The company will conduct comprehensive due diligence on potential power plant targets, focusing on legal ownership, regulatory compliance, and asset quality to mitigate transactional risks [3]. Company Background - Skycorp Solar Group Limited specializes in manufacturing and selling solar cables and connectors, with operations managed through subsidiaries, including Ningbo Skycorp Solar Co., Ltd. in China [5]. - The company's mission is to become a green energy solutions provider by leveraging its expertise in solar technologies and expanding its offerings for enterprise customers [6].