Associated tags: OTCQB, BEMS, EV, Building Energy, BESS, HEMS, Energy management system, CEMS, EMS, City Energy, Renewable energy, Electricity
Locations: CALIFORNIA, ASIA, GW, TX, LOUISIANA, ARIZONA, HOUSTON, TEXAS, US, BS, ALABAMA, CA, ROGERS, AUSTRALIA, GERMANY, SIEMENS
OTCQB,
Solar energy,
News,
Security (finance),
Definitive,
Partnership,
BESS,
Employment,
Growth,
Business analyst,
MIPA,
Bank statement,
Renewable energy Emergen controls rights to develop a portfolio of battery energy storage system (“BESS”) projects with a cumulative storage capacity estimated at 1.965 gigawatts (“GW”) and rights to develop a portfolio of solar energy development projects with a cumulative capacity estimated at 3.840 GW (collectively, the “Development Projects”).
Key Points:
- Emergen controls rights to develop a portfolio of battery energy storage system (“BESS”) projects with a cumulative storage capacity estimated at 1.965 gigawatts (“GW”) and rights to develop a portfolio of solar energy development projects with a cumulative capacity estimated at 3.840 GW (collectively, the “Development Projects”).
- The execution of the Definitive Agreement underscores our unified commitment to advancing the Development Projects in the United States including Texas, Arizona, and Louisiana.
- The Company, under the continued leadership of its current team, will retain its name and ticker symbol while welcoming new executive team members from Bridgelink.
- “This business combination is a demonstration of a mutually advantageous partnership to benefit our shareholders,” stated Benjamin Tran, CEO of Bitech Technologies.
Retrieved on:
Wednesday, April 24, 2024
News,
OTCQB,
Security (finance),
Partnership,
NPV,
BESS,
DCF,
Acquisition,
Bank statement,
Growth,
Renewable energy Emergen was a wholly owned subsidiary of Texas-based Bridgelink Development, LLC ("Bridgelink"), a tier 1 solar and energy storage project development company, to control a pipeline of approximately 5.8 GW (gigawatts) of power in several battery energy storage system (BESS) and solar projects.
Key Points:
- Emergen was a wholly owned subsidiary of Texas-based Bridgelink Development, LLC ("Bridgelink"), a tier 1 solar and energy storage project development company, to control a pipeline of approximately 5.8 GW (gigawatts) of power in several battery energy storage system (BESS) and solar projects.
- Bitech Technologies [BTTC] acquired 5.8 GW pipeline of BESS and solar projects to dominate the US renewable market.
- "The acquisition of Emergen is expected to strengthen Bitech's position as new player in the green energy sector with projected sustainable operating assets", stated Benjamin Tran, Chairman and CEO of Bitech Technologies.
- [1] Thanks to the rapid expansion of the solar industry, the U.S. now has about 161 gigawatts of solar installed.
OTCQB,
Solar energy,
News,
Security (finance),
Partnership,
Definitive,
BESS,
Business,
Growth,
Employment,
Business analyst,
MIPA,
Bank statement,
Renewable energy Emergen controls rights to develop a portfolio of battery energy storage system ("BESS") projects with a cumulative storage capacity estimated at 1.965 gigawatts ("GW") and rights to develop a portfolio of solar energy development projects with a cumulative capacity estimated at 3.840 GW (collectively, the "Development Projects").
Key Points:
- Emergen controls rights to develop a portfolio of battery energy storage system ("BESS") projects with a cumulative storage capacity estimated at 1.965 gigawatts ("GW") and rights to develop a portfolio of solar energy development projects with a cumulative capacity estimated at 3.840 GW (collectively, the "Development Projects").
- The execution of the Definitive Agreement underscores our unified commitment to advancing the Development Projects in the United States including Texas, Arizona, and Louisiana.
- • The Company, under the continued leadership of its current team, will retain its name and ticker symbol while welcoming new executive team members from Bridgelink.
- "This business combination is a demonstration of a mutually advantageous partnership to benefit our shareholders," stated Benjamin Tran, CEO of Bitech Technologies.
Retrieved on:
Thursday, February 22, 2024
Digital transformation,
Motorola,
National Taiwan University,
Growth,
Priority seat,
Industrial internet of things,
University,
Telecommunications,
OTCQB,
FPL,
Machine to machine,
Delmarva Power,
Alcatel-Lucent,
Comcast,
WarnerMedia,
Atmospheric science,
Connected,
CPE,
Spectrum,
European,
IOU,
Product management,
City,
Knowledge,
Accton Technology Corporation,
People Power,
PEPCO,
Internet of things,
BGE,
ISDN,
Renewable energy Newport Beach, CA, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Bitech Technologies Corporation [ OTCQB: BTTC ], (“the Company” or “Bitech”) a global technology solution provider dedicated to green energy solutions, is delighted to welcome Sid Sung as its new Chief Innovation Officer.
Key Points:
- Newport Beach, CA, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Bitech Technologies Corporation [ OTCQB: BTTC ], (“the Company” or “Bitech”) a global technology solution provider dedicated to green energy solutions, is delighted to welcome Sid Sung as its new Chief Innovation Officer.
- In this role, he will be leading Bitech’s efforts to engineer scalable revenue opportunities towards the green energy transition.
- Sid joined Bitech Technologies to lead our Technology Solutions division with a wealth of knowledge and initiatives in digital energy evolution strategies.
- Sung, the new Chief Innovation Officer of Bitech Technologies.
Retrieved on:
Thursday, February 15, 2024
OTCQB,
ERCOT,
BESS,
Growth,
Form,
Carbon,
Consultant,
LOA,
Business analyst,
Organization,
Optical disc image,
Electricity,
Wind,
Renewable energy Following completion of its core due diligence and its investigation and analysis of Bridgelink's BESS Development Projects, Bitech has developed a solid, basic understanding of the BESS Development Projects and Bridgelink's plans and strategies as to those projects, as well as how they are expected to affect the Company’s future prospects, following the completion of the proposed transactions.
Key Points:
- Following completion of its core due diligence and its investigation and analysis of Bridgelink's BESS Development Projects, Bitech has developed a solid, basic understanding of the BESS Development Projects and Bridgelink's plans and strategies as to those projects, as well as how they are expected to affect the Company’s future prospects, following the completion of the proposed transactions.
- Further, we continue to believe that the 1.965 gigawatt (GW) pipeline of BESS Development Projects hold significant potential value and that the Bridgelink management team driving them possess a solid understanding and experience in developing these types of projects.
- Furthermore, they have also engaged competent vendors and consultants who bring their expertise to assist in the pursuit and execution of these projects.
- Additionally, a closer examination reveals that these projects are being executed in a proficient manner, reflecting the team's capabilities and diligence.
ITC,
COD,
Acquisition,
Life,
BESS,
Partnership,
Letter,
Business analyst,
Commercial,
Common stock,
BLD,
Environment,
Sale,
OTCQB,
Carbon,
EMS,
EV,
LOA,
Organization,
Solar,
Renewable energy These strategic initiatives between Bitech and Bridgelink underscore our joint force commitment to advancing BLD’s 3.840 gigawatts (GW) of solar projects and 1.965 GW of Battery Energy Storage Systems (BESS) projects in the United States including Texas, Arizona, and Louisiana.
Key Points:
- These strategic initiatives between Bitech and Bridgelink underscore our joint force commitment to advancing BLD’s 3.840 gigawatts (GW) of solar projects and 1.965 GW of Battery Energy Storage Systems (BESS) projects in the United States including Texas, Arizona, and Louisiana.
- The pre-negotiated financing, procurement efforts, and joint venture partnership are pivotal steps in accelerating the development and deployment of sustainable energy solutions.
- The Business Combination calls for a capital infusion of not less than a $50 Million into the newly combined entity upon closing this transaction.
- “Bitech is delighted to announce our partnership with Bridgelink, a leading company in the solar and energy storage industry.
ITC,
COD,
Life,
BESS,
Partnership,
Letter,
Business analyst,
Business,
Commercial,
Common stock,
BLD,
Environment,
Sale,
OTCQB,
Carbon,
Acquisition,
EMS,
EV,
LOA,
Organization,
Solar,
Renewable energy These strategic initiatives between Bitech and Bridgelink underscore our joint force commitment to advancing BLD's 3.840 gigawatts (GW) of solar projects and 1.965 GW of Battery Energy Storage Systems (BESS) projects in the United States including Texas, Arizona, and Louisiana.
Key Points:
- These strategic initiatives between Bitech and Bridgelink underscore our joint force commitment to advancing BLD's 3.840 gigawatts (GW) of solar projects and 1.965 GW of Battery Energy Storage Systems (BESS) projects in the United States including Texas, Arizona, and Louisiana.
- The pre-negotiated financing, procurement efforts, and joint venture partnership are pivotal steps in accelerating the development and deployment of sustainable energy solutions.
- The Business Combination calls for a capital infusion of not less than a $50 Million into the newly combined entity upon closing this transaction.
- "Bitech is delighted to announce our partnership with Bridgelink, a leading company in the solar and energy storage industry.
Gateway,
HDSS,
Movement,
Virtual power plant,
BEMS,
LAN,
Repeaters,
VPP,
Building Energy,
Electricity,
Monolithic kernel,
ADR,
Smart thermostat,
Repeater,
Demand,
Temperature,
OTCQB,
PJM,
Organization,
MDU,
Renewable energy In a strategic advancement to further enhance its technology offerings, the Company has developed innovative technology solutions specifically designed for MDU (Multi Dwelling Unit) buildings.
Key Points:
- In a strategic advancement to further enhance its technology offerings, the Company has developed innovative technology solutions specifically designed for MDU (Multi Dwelling Unit) buildings.
- With the rising demand for sustainable and cost-effective energy solutions, we see immense potential in partnering with them to implement our innovative ADR 4 (Automated Demand Response) technology.
- After months of research and development, the Company is proud to unveil its latest technology solution specifically designed for MDU buildings.
- Not only does this new technology solution offer added convenience and cost savings, but it also promotes sustainable practices by reducing overall building energy consumption.
Lithium,
EV,
Energy,
OTCQB,
LFP,
ESS,
Investment,
Growth,
ESG,
Commercial,
Controlled Substances Act,
Development,
Industrial,
BESS,
Online shopping,
Renewable energy Bitech Technologies expects to bring a competitive advantage to the market, providing the most valuable products selected among 10 leading energy storage manufacturers.
Key Points:
- Bitech Technologies expects to bring a competitive advantage to the market, providing the most valuable products selected among 10 leading energy storage manufacturers.
- By entering the battery sales business and establishing an ESS sales division, Bitech Technologies sets its sights on sustainable growth.
- The Company's vision is to add long-duration energy storage systems that reduce energy costs, enhance resilience, and unlock additional revenue opportunities.
- Bitech Technologies is well-positioned to seize the opportunities in the thriving ESS markets, contributing to the growth and sustainability of the green energy sector.
Urbanization,
Partnership,
Letter of intent,
Power,
EPC,
OTCQB,
LOI,
Erongo Battery Energy Storage System,
Engineering,
Nam,
Growth,
BESS,
Renewable energy We believe this new investment commitment validates Bitech's vision enabling the company to implement its business plan to power future growth.
Key Points:
- We believe this new investment commitment validates Bitech's vision enabling the company to implement its business plan to power future growth.
- We believe the LOI signals a major collaborative step forward for the two companies.
- According to the Next Move Strategy Consulting Group, the market is expected to reach over two trillion U.S. dollars by 2030.
- Environmental concerns regarding fossil fuels, rapid urbanization, and economic growth in emerging regions are all major factors that are contributing to the projected market growth.
