Bitech Technologies Completes a 2.425 GW Solar Project Sale with Expected $19.4 Million Revenues
NEWPORT BEACH, Calif., June 6, 2024 /PRNewswire/ — Bitech Technologies Corporation [OTCQB: BTTC], (“the Company” or “Bitech”), a leading technology enabler committed to advancing utility-scale energy storage initiatives and innovative renewable solutions, announced today the execution of a Project Sale Agreement (“Agreement”) with Bridgelink Development LLC (“Bridgelink”) for certain Greenfield Solar Projects that Bitech had acquired on April 24, 2024 in its business combination with Emergen Energy LLC (“Emergen”). This agreement entails the transfer of an approximate 2.425 GW capacity portion from our total 3.840 GW solar project portfolio of Emergen, a wholly owned subsidiary of Bitech.
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