Canaan Inc. announced a 3.0 MW proof-of-concept project in collaboration with Bitforest Investment Ltd. in Manitoba, Canada, to recover heat from its Avalon computing systems and use it to supplement greenhouse heating. The initiative aims to improve energy efficiency by capturing heat from 360 Avalon A1566HA-460T liquid-cooled computing servers and transferring it to preheat intake water for electric boilers through a closed-loop heat-exchange system. The company estimates that approximately 90% of the electricity consumed by the servers will be captured and utilized for heating. The project seeks to reduce capital expenditure by eliminating the need for industrial cooling towers and to evaluate key performance indicators related to heat recovery, system stability, and maintenance in agricultural applications. The agreement covers an initial 24-month term, with Canaan sharing in potential economic benefits from grid demand-response or power sales back to the grid.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Canaan Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN55961) on January 06, 2026, and is solely responsible for the information contained therein.