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, CA, April 15, 2024 (GLOBE NEWSWIRE) -- 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 develop a portfolio of battery energy storage system (“BESS”) projects with a cumulative storage capacity estimated at 1.965 gigawatts (“GW”) and rights to develop a portfolio of solar energy development projects with a cumulative capacity estimated at 3.840 GW (collectively, the “Development Projects”).

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