publish date 2025-12-01
Singapore, December 1st , 2025 -- Canaan Inc. (NASDAQ: CAN) (“Canaan” or the “Company”), an innovator in crypto mining, today entered into a strategic partnership with SynVista Energy ("SynVista") to co-develop and deploy a renewable-energy-adaptive Bitcoin-mining platform that integrates generation, storage and hash-rate in a single, distributed architecture. Powered by an AI-driven power-scheduling engine, the solution synchronizes real-time electricity supply with dynamic hash-rate demand, maximizing clean-energy utilization and curtailing renewable curtailment without compromising grid stability. Concurrently, both parties will tokenize generation output, carbon savings and mining yields on-chain, creating a verifiable data foundation for the digitalization and real-world-asset (RWA) securitization of green-power plants.
Highlights of the Collaboration：
Valuable opportunities initiated
High renewable penetration is accompanied by growing output volatility and mounting curtailment risk. Traditional strategies struggle to convert surplus electrons into bankable returns. By treating mining load as a flexible, millisecond-response demand resource buffered by low-cost storage, Canaan and SynVista create a "hash-rate-follows-generation" profile that monetizes marginal electricity without cannibalizing grid-supply security.
Commercial and Strategic Implications
For Canaan, the alliance advances "green mining" from isolated pilots to an engineered, replicable solution, materially lowering its carbon footprint and energy mix while offering the industry an economically viable and regulation-ready blueprint.
For SynVista, the "renewables-plus-blockchain" model is expected to boost plant utilization hours and internal rate of return (IRR) by unlocking on-site consumption and marginal-power monetization without the capex of bulk-storage, sharpening project competitiveness.
Longer term, the on-chain data backbone will enable tokenization and securitization of generation cash-flows and carbon credits, enhancing price transparency and liquidity of green assets and providing a new paradigm for converging digital economy with energy transition.
The partners will commence with a demonstration project (location and scale to be disclosed) and continuously iterate on green-mining operations, verifiable power data and carbon-asset development, while exploring standardized pathways for large-scale renewable fleets under robust compliance and security standards.
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About SynVista Energy
SynVista Energy is a subsidiary of CNE Group . CNE is a green-power developer and operator engaged in wind, solar and energy-storage projects worldwide.
Headquartered in Singapore, SynVista Energy is a renewable-energy solutions provider offering turnkey battery-storage manufacturing, EPC and O&M services across Southeast Asia, the United States, Europe and China.
About Canaan Inc.
Established in 2013, Canaan Inc. (NASDAQ: CAN), an innovator in crypto mining, is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. Canaan has extensive experience in chip design and streamlined production in the ASIC field. In 2013, under the leadership of Mr. Nangeng Zhang, founder and CEO, Canaan's founding team shipped to its customers the world's first batch of mining machines incorporating ASIC technology in Bitcoin's history under the brand name Avalon.
For more information, visit our website at canaan.io.
Media Contact: pr@canaan-creative.com
Follow us on social media and stay tuned for more updates on Canaan.
Highlights of the Collaboration：
- Integrated architecture: a "generation–storage–mining" orchestration layer that couples the power and hash-rate sides in real time.
- Distributed deployment: modular, plug-and-scale units co-located with renewable plants for behind-the-meter consumption.
- Intelligent dispatch: automatic frequency ramp-up/down or standby mode based on instantaneous generation and grid load, lifting energy-use efficiency.
- Trusted on-chain records: immutable ledger entries for MWh produced, carbon intensity and mining revenue, underpinning future RWA and carbon-credit offerings.
- ESG accretion: quantified and verified carbon-mitigation pathways that enhance green-power economics while generating additional sustainability value.
Valuable opportunities initiated
High renewable penetration is accompanied by growing output volatility and mounting curtailment risk. Traditional strategies struggle to convert surplus electrons into bankable returns. By treating mining load as a flexible, millisecond-response demand resource buffered by low-cost storage, Canaan and SynVista create a "hash-rate-follows-generation" profile that monetizes marginal electricity without cannibalizing grid-supply security.
Commercial and Strategic Implications
For Canaan, the alliance advances "green mining" from isolated pilots to an engineered, replicable solution, materially lowering its carbon footprint and energy mix while offering the industry an economically viable and regulation-ready blueprint.
For SynVista, the "renewables-plus-blockchain" model is expected to boost plant utilization hours and internal rate of return (IRR) by unlocking on-site consumption and marginal-power monetization without the capex of bulk-storage, sharpening project competitiveness.
Longer term, the on-chain data backbone will enable tokenization and securitization of generation cash-flows and carbon credits, enhancing price transparency and liquidity of green assets and providing a new paradigm for converging digital economy with energy transition.
The partners will commence with a demonstration project (location and scale to be disclosed) and continuously iterate on green-mining operations, verifiable power data and carbon-asset development, while exploring standardized pathways for large-scale renewable fleets under robust compliance and security standards.
*** ***
About SynVista Energy
SynVista Energy is a subsidiary of CNE Group . CNE is a green-power developer and operator engaged in wind, solar and energy-storage projects worldwide.
Headquartered in Singapore, SynVista Energy is a renewable-energy solutions provider offering turnkey battery-storage manufacturing, EPC and O&M services across Southeast Asia, the United States, Europe and China.
About Canaan Inc.
Established in 2013, Canaan Inc. (NASDAQ: CAN), an innovator in crypto mining, is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. Canaan has extensive experience in chip design and streamlined production in the ASIC field. In 2013, under the leadership of Mr. Nangeng Zhang, founder and CEO, Canaan's founding team shipped to its customers the world's first batch of mining machines incorporating ASIC technology in Bitcoin's history under the brand name Avalon.
For more information, visit our website at canaan.io.
Media Contact: pr@canaan-creative.com
Follow us on social media and stay tuned for more updates on Canaan.
