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June 22, 2023


Newport Beach, CA, June 22, 2023 -- Bitech Technologies Corporation [OTCQB: BTTC] (the “Company” or “Bitech”), a global technology solution provider dedicated to green energy solutions, announces its strategic entry into the battery sales business with plans to establish an Energy Storage System (ESS) sales division. With a focus on Containerized Battery Energy Storage Systems (BESS) and Residential, Commercial, and Industrial ESS, Bitech aims to meet the soaring demand for ESS in the United States.

Bitech Technologies expects to bring a competitive advantage to the market, providing the most valuable products selected among 10 leading energy storage manufacturers. With full certifications, favorable and flexible payment terms, excellent technical support, and reliable shipping schedules, Bitech expects to offer unparalleled value to large corporate buyers in the rapidly growing ESS market.

The global battery energy storage market is projected to reach significant growth, driven by the increasing demand for lithium ferro phosphate (LiFeP04 or LFP) battery technology. Lithium-ion batteries, widely utilized in renewable energy, telecom, electric vehicles (EV), and other industries, dominate the market.

By entering the battery sales business and establishing an ESS sales division, Bitech Technologies sets its sights on sustainable growth. The Company's vision is to add long-duration energy storage systems that reduce energy costs, enhance resilience, and unlock additional revenue opportunities. These solutions are designed to manage demand changes, maximize solar or BESS investments, enhance energy security, capture market opportunities, and support corporate environmental, social, and corporate ESG targets.

Dr. Benjamin Tran, CEO of Bitech Technologies, stated, "As we aim to grow exponentially with a new vision for a sustainable battery value chain toward 2030, our Board of Directors has approved a plan to vigorously pursue core markets, including containerized BESS for utility, specialty ESS for residential, commercial, and industrial applications."

Charles Rosenberry, Bitech's Vice President of Sales, stated, "At Bitech, we are progressing to build a unified technical salesforce and forge strategic partnerships across multiple states in the United States. Our collaboration with core battery supplier partners is expected to enable us to deliver technologically advanced energy storage products, flexible payment terms, and customized solutions. We plan to cater to a wide range of customers, including retail and home sales, EV charging providers, home builders, residential EPCs, renewable utilities, data centers, telecom, mobility, and heavy energy demand consumers. Together, we are driving the adoption of sustainable energy storage solutions and empowering a greener future."

Bitech Technologies is well-positioned to seize the opportunities in the thriving ESS markets, contributing to the growth and sustainability of the green energy sector.

For more information on Bitech Technologies’ new ESS division, please visit Bitech Energy Storage Solutions.

About Bitech Technologies Corporation

Bitech Technologies Corporation (OTCQB: BTTC), is an independent power provider with a core business in developing and operating Battery Energy Storage Systems (BESS) to enhance grid stability and produce consistent revenues. We also offer technological innovations with smart energy solutions including microgrids, advanced Energy Management System (EMS) for homes, buildings, campuses, cities, and renewable infrastructure. For more information, please visit www.bitech.tech.

Cautionary Note Regarding Forward-Looking Statements

This press release may include, and oral statements made from time to time by representatives of the Company may include, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filing with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s filings with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Company Contact:

Bitech Technologies Corporation
Tel: 1.855.777.0888
Email: info@bitech.tech

External Investor Relations:

Chris Tyson, Executive Vice President & Partner
MZ Group - MZ North America
949-491-8235
BTTC@mzgroup.us
www.mzgroup.us

Access on: 2024-10-07 09:45:27 (New York)