Bimergen Energy Corporation, a renewable energy project developer, focuses on the clean energy transition and providing critical grid stability through Battery Energy Storage System (BESS) and solar development projects in the United States. It focuses on becoming a grid-balancing operator by developing, commercializing, and operating a diversified portfolio of BESS and solar energy projects. The company engages in the development and operation of BESS projects to mitigate energy imbalances and power deficits observed in markets with solar and wind energy generation. Additionally, it offers essential grid services, including frequency regulation, voltage support, and emergency backup during grid outages. The company also holds a portfolio of development projects that include approximately 3.6 gigawatts of alternating current power capacity. It serves traditional power transmission lines, offtakes, and utility companies in energy industry. The company was formerly known as Bitech Technologies Corporation and changed its name to Bimergen Energy Corporation in February 2025. Bimergen Energy Corporation is based in Newport Beach, California.
Frequently asked questions
What sector does Bimergen Energy Corporation (BESS) operate in?
Bimergen Energy Corporation belongs to the Utilities sector and operates in the Utilities - Renewable industry.
What is Bimergen Energy Corporation (BESS) current stock price?
As of the latest data, Bimergen Energy Corporation stock price is $3.91, with a previous close of $3.65. Bimergen Energy Corporation gained $0.26 in the last trading session, representing a 7.12% increase.
What is Bimergen Energy Corporation (BESS) current market capitalization?
Bimergen Energy Corporation market cap is approximately 27.75 million.
What is Bimergen Energy Corporation (BESS) Earnings Per Share (EPS)?
The trailing EPS is -$1.81, and the forward EPS is $1.76.
What is Bimergen Energy Corporation (BESS) EBITDA?
Bimergen Energy Corporation EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is -3.74 million.
Does Bimergen Energy Corporation (BESS) pay dividends?
No. Bimergen Energy Corporation does not pay a dividend.
When is Bimergen Energy Corporation (BESS) next earnings report?
Bimergen Energy Corporation is expected to release its next earnings report on June 30, 2026.
What is Bimergen Energy Corporation (BESS) beta (volatility) score?
Bimergen Energy Corporation has a beta of 1.656, suggesting it is more volatile than the market.
