Bitech sells 2.425GW of solar projects to focus on BESS
Bitech Technologies has completed the sale of solar projects with a total capacity of 2.425 GW, generating expected revenues of $19.4 million, to refocus on the battery energy storage systems (BESS) market.
| Sector | Énergie Solaire, Photovoltaïque |
|---|---|
| Theme | Investissements & Transactions, Financement, Développement de projets |
Energy technology solutions company Bitech Technologies Corporation recently announced the sale of a significant portion of its solar project portfolio. This transaction is part of a broader strategy to strengthen its presence in the battery energy storage systems (BESS) market, a fast-growing sector, particularly in the USA, as evidenced by the X-ELIO project launched in 2023.
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