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Bitech Technologies Receives Initial Purchase Order for its Innovative Energy-Saving VPP Solution to Enter the Building Energy Management System (BEMS) Market

Provided By GlobeNewswire

Last update: Jan 5, 2024

Newport Beach, CA, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Bitech Technologies Corporation [OTCQB: BTTC], (“the Company” or “Bitech”) a global technology solution provider dedicated to green energy solutions, is pleased to announce the launch of its previously announced initiative to enter into the Building Energy Management System (BEMS) business. 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. The Company has received an initial purchase order constituting a BEMS master contract of Virtual Power Plant (VPP) Program designed to save electricity for approximately 4,000 MDU units from a strategic customer who is working with PJM, a Regional Transmission Organization (RTO) that coordinates the movement of wholesale electricity in the District of Columbia in the U.S. and all or parts of 13 states including Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia.

Read more at globenewswire.com

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