Bitech Technologies Corp (PK:BTTC)
Business Focus: Batteries & Uninterruptable Power supplies
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Latest 10 SEC Form 4 filings for BTTC*US within the last 6 months
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Company News
Apr 24, 2024 07:30 ET
Bitech Technologies and Bridgelink Merge to Conquer U.S. Battery Energy Storage and Solar Markets, Prepare to Uplist on NASDAQ
NEWPORT BEACH, Calif., April 24, 2024 /PRNewswire/ -- Bitech Technologies Corporation [OTCQB: BTTC], ("the Company" or "Bitech"), a technology solution provider dedicated to green energy solutions, is pleased to announce that it has completed the previously announced acquisition of Emergen Energy LLC ("Emergen") on April 24, 2024. 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 syst
Apr 15, 2024 07:30 ET
Bitech Technologies Executes Definitive Agreement with Bridgelink for a Business Combination to Acquire Battery Energy Storage Systems and Solar Projects with estimated capacity of up to 5.8 GW
NEWPORT BEACH, Calif., April 15, 2024 /PRNewswire/ -- Bitech Technologies Corporation [OTCQB: BTTC], ("the Company" or "Bitech") a technology solution provider dedicated to green energy solutions, is pleased to announce that it signed a Membership Interest Purchase Agreement ("MIPA" or "Definitive Agreement") dated April 14, 2024 for a business combination (the "Business Combination") with Emergen Energy LLC ("Emergen"), a wholly owned subsidiary of Bridgelink Development, LLC ("Bridgelink"), a leading solar and energy storage project development company in Texas. Emergen controls rights to
Valuation Ratios
Industry
Sector
Beta
0.05
--
--
Price to Sales - TTM
157,458.50
2.68
1.84
Price to Book - most recent quarter
377.93
1.48
2.16
Price to Cash Flow per share - TTM
--
14.10
12.92
Price to Free Cash Flow per share - TTM
--
8.47
22.52
Business Summary
| Sector: Industrials | Industry: Electrical Components & Equipment |
Bitech Technologies Corporation is a technology solutions enabler company, which provides a suite of green energy solutions to renewable energy initiatives. The Company provides these energy technologies through system integration solutions while participating in grid-balancing Battery Energy Storage System (BESS) projects to produce sustainable revenues. The Company's technological innovations focus on microgrids, Home Energy Management System (HEMS), Building Energy Management System (BEMS), City Energy Management System (CEMS), energy storage, and electrical vehicles (EV) related infrastructure. In addition, it seeks business partnerships with defensible technology innovators and renewable energy providers to facilitate investments, provide new market entries toward emerging-growth regions and implement scalable energy system solutions with technological focus. It also develops a suite of services and bundled products called Bitech Smart Energy Technology Solutions.
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