Bitech Technologies has signed a binding Letter of Agreement with Bridgelink Development toward a 5.8 GW pipeline of utility power, procurement of key resources and establishment of a joint venture with an undisclosed larger infrastructure group.
The initiatives between the companies are behind the advancing of BLD’s 3.8 GW of solar projects and 1.9 GW of BESS projects in the U.S.
The companies plan to continue development of the projects by utilizing a Share Subscription Agreement being finalized for up to $250M, committed Letter of Intent for a late-stage BESS projects near Houston for up to $100M and securing the sale of the Incentive Tax Credits.
“The successful pre-negotiated financing, procurement, and joint venture with a larger infrastructure group represent significant milestones for Bridgelink as we contribute to this business combination with Bitech to continue to drive innovation and sustainability in the energy sector,” says Cole W. Johnson, chairman and CEO of Bridgelink.
“These strategic initiatives position us for continued success as we work diligently to bring our solar and energy storage projects to fruition. We are excited about the opportunities with Bitech that lie ahead and remain dedicated to our mission of advancing clean, renewable energy solutions.”
The post Bitech Executes LOA to Develop BESS, Solar Utility Power for Bridgelink appeared first on Solar Industry.
Bitech Executes LOA to Develop BESS, Solar Utility Power for Bridgelink
The United States seems set on propelling itself backwards.
Maybe, as they say, “Hell has a special place reserved in it” for people like Thom Tillis, Republican Senator from North Carolina, who enabled Trump to rape and destroy the United States.
That was until it became clear to Tillis that he could jump ship, write a scathing book about the president, get all over mainstream news promoting it, and go on to enjoy another chapter of political success.
That we Americans are so stupid that we accept this blatant hypocrisy and criminality is sad proof that we’re not the people we were 20 years ago. Maybe what many people are saying are correct: we deserved what we got.
Here’s a short video from Elle Cordova that reminds us that science is something of a rarity in human history.
The great tyrants of history have done their best to cause the people they ruled to reject science, simply to ensure the masses are ignorant, terrified, superstitious, and thus easily controlled.
The current political administration is particularly engrossed in the rejection of science. I wonder why.
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