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Newport Beach, CA, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Bimergen Energy Corporation (NYSE:BESS, BESS.WS)), a U.S.-based independent power producer specializing in utility-scale battery energy storage systems (BESS), today announced that its Redbird project, a 100 MW / 400 MWh battery energy storage system located in Texas, has been formally approved for participation under its Joint Development Agreement (JDA) and that the Company has selected Eos Energy Enterprises, Inc.'s (NASDAQ:EOSE) Z3™ zinc-based battery technology for the project. Participation under the Joint Development Agreement marks a significant advancement in Redbird's development and authorizes the project to move forward with
Newport Beach, CA, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Bimergen Energy Corporation ("Bimergen" or the "Company") (NYSE:BESS, BESS.WS)), a utility-scale battery energy storage systems (BESS) asset owner, project developer, and independent power provider, today announced the closing of its public offering of common stock (or pre-funded warrants ("Pre-Funded Warrants") in lieu thereof) and one accompanying warrant per common stock or Pre-Funded Warrant, at a public offering price of $4.00, for gross proceeds of $13,600,000, before deducting underwriting discounts and offering expenses. In addition, Bimergen has granted the underwriters a 45-day option to purchase up to an additional 200,000 sha