- Business
- BioPower Operations Corporation BioPower Operations Corporation (OTC Pink: BOPO), doing business as HYFI Corp., operates as a green finance and renewable energy company focused on project funding solutions, consultancy services, and blockchain-based financial platforms in the environmental, infrastructure, and energy sectors; its core offerings include the HyFi Platform, a decentralized finance (DeFi) exchange marketplace leveraging blockchain technology for tokenization, non-fungible tokens (NFTs), and related financial services; structured finance and ESG project consultancy divisions that review projects, source off-take agreements, negotiate funding partnerships, and arrange equipment via OEM relationships; and sustainable project development encompassing renewable electricity generation such as hydrogen, solar, wind, grid stabilization, storage, and carbon offsetting solutions for commercial, industrial, transportation, mining, and manufacturing clients. The company, founded in 2010 and headquartered at 20801 Biscayne Boulevard, Suite 403, Aventura, Florida, United States, primarily targets markets in the United States and sub-Saharan Africa through subsidiaries and holds equity interests in waste-to-energy and renewable facilities. Recent developments encompass the May 2023 execution of multiple agreements, including a joint venture with POWGEX ENERGY named POWGEX-HYFI to build, own, and operate renewable electricity facilities over 45 years with potential revenues exceeding hundreds of billions; the March 2023 launch of structured finance and ESG consultancy divisions addressing over $10 billion in client project funding requests; a July 2023 first order from South Africa for up to 30 gigawatts of green electricity via its POWGEX partnership; and a 2021 asset purchase acquiring HyFi blockchain technology assets, alongside earlier pivots from waste-to-energy development to DeFi and green finance operations.