Thrifty Banker
  • Politics
  • Business
  • World
  • Investing
  • Politics
  • Business
  • World
  • Investing

Thrifty Banker

Investing

‘Exciting Opportunity’ in the Massive Energy Storage Market, Says Blockmate Ventures CEO

by November 7, 2023
November 7, 2023
‘Exciting Opportunity’ in the Massive Energy Storage Market, Says Blockmate Ventures CEO

Blockmate Ventures’ (TSXV:MATE,OTCQB:MATEF,FSE:8MH1) recently announced acquisition of BESS Power Innovation will boost Blockmate’s foray into the clean energy space and its strategy to leverage the increasingly expanding energy storage market, according to CEO Justin Rosenberg.

BESS is an energy storage developer as well as the exclusive distributor of Blivex Energy Technology’s (SZSE:300116) lithium-ion batteries in the Americas.

The BESS acquisition complements the previously announced partnership with Sunified Group, Rosenberg explained.

“Sunified approached Blockmate to help them launch their solar token, leveraging off their patented sensors on solar cells, which is really a Trojan horse in the solar farm industry,” Rosenberg said. ‘And as a result of that, it was an exciting opportunity when we were also approached by BESS Power Innovation to partner with them, and there’s synergy both ways.’

According to Rosenberg, Blockmate will add the Sunified cell to the BESS product portfolio, and BESS’ network will be used to distribute the Sunified product and help launch the solar token. Lastly, Sunified is in talks with solar farms, to which BESS can sell energy storage solutions.

“We’re excited about the synergies of the two business units of Blockmate. So our focus is to roll this opportunity out. We’ve just signed the deal, but we are furiously working on our launch of BESS.”

Watch the full interview with Blockmate Ventures CEO Justin Rosenberg above.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Blockmate Ventures and seek advice from a qualified investment advisor.

This interview may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, receipt of property titles, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The issuer relies upon litigation protection for forward-looking statements. Investing in companies comes with uncertainties as market values can fluctuate.

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
What is Synthetic Graphite? (Updated 2023)
next post
Scientists offer evidence to support possible Great Sphinx origin story

Related Posts

Walker Lane Resources Announces Terms for Private Placement...

June 10, 2025

What Was the Highest Price for Silver? (Updated...

October 26, 2023

Canada Nickel Achieves Initial Metallurgical Success at Mann...

May 13, 2024

Forward Water Technologies

October 28, 2023

Mali Enforces Gold Seizure at Barrick’s Loulo-Gounkoto Mine

January 14, 2025

Elixir Energy Limited (ASX: EXR) – Trading Halt

April 11, 2024

Metals Australia

May 28, 2024

A Look at Historical Copper Prices (Updated 2023)

September 7, 2023

F5

September 30, 2023

Top 5 NASDAQ Security Stocks of 2023

December 7, 2023

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular

    • 1

      Top 10 Countries for Natural Gas Production (Updated 2024)

      April 6, 2024
    • 2

      Understanding Lithium Mineralogy from an Investment Perspective

      September 12, 2023
    • 3

      US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen’s North American Expansion

      June 6, 2025
    • 4

      Israel confirms it is arming Hamas rivals in operation opposition calls ‘complete madness’

      June 6, 2025
    • 5

      A GOP operative accused a monastery of voter fraud. Nuns fought back.

      January 3, 2025
    • 6

      Crypto Market Recap: Strategy Eyes US$1B Raise for Bitcoin Push, UK Regulator Reverses ETN Ban

      June 6, 2025
    • 7

      China’s aircraft carriers send message in the open Pacific for the first time – and bigger and more powerful ships are coming

      June 16, 2025

    Categories

    • Business (1,053)
    • Investing (2,079)
    • Politics (2,977)
    • Uncategorized (20)
    • World (3,387)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: thriftybanker.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thriftybanker.com | All Rights Reserved