Bitech Technologies Completes Due Diligence on BESS Projects to Prepare for a Business Combination

Newport Beach, CA, Feb. 15, 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 it has completed due diligence on the planned 23 Battery Energy Storage Systems (BESS) development projects (collectively, the “BESS Development Projects”) identified in the January 8, 2024 Letter of Agreement (the “LOA”) it entered into with Bridgelink Development LLC, a solar and energy storage development company based in Fort Worth, Texas (“Bridgelink” or “BLD”). The BESS Development Projects and the LOA are disclosed in a Form 8-K filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”) on January 12, 2024 (the “Form 8-K”). As previously disclosed in the Company’s January 12, 2024 press release and the Form 8-K, the LOA provides for a business combination between the Company and Bridgelink, whereby the Company plans to complete development of a total 5.8 gigawatt (GW) pipeline of combined BESS and solar utility power and procurement of key resources. 

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