Author: latiapeter4223

Pacific Green Enters Exclusive Agreement to Develop 1.1GW of UK Based Battery Energy Storage Projects

Pacific Green Technologies, Inc. (the “Company” or “PGTK”, (OTCQB:PGTK)) announces that it has entered into an exclusive agreement to develop up to 1,100MW of battery energy storage systems (“BESS”) in the United Kingdom (“UK”) sourced by TUPA Energy Limited (“TUPA”). As part of the TUPA agreement, the Company has also today acquired the rights to 100MW of BESS in Kent, UK, and plans to conclude the remaining 1,000MW by 2023. The acquisition follows PGTK’s acquisition of Innoergy Limited and the framework agreement with Shanghai Electric Gotion New Energy Technology Co., Ltd. (“SEG”). The Company is now well placed to become ... Read more