Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

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
VRIC 2024 Preview — Jay Martin on Today’s Top Investment Trends
next post
A guide to registering to vote for the first time

Related Posts

How to Invest in Gold

October 12, 2023

Oil and Gas Price Forecast: Top Trends That...

February 3, 2024

Osisko Metals to Participate in THE Mining Investment...

May 30, 2024

Tavi Costa: Gold Price Breakout is “Inevitable,” Don’t...

November 15, 2023

Zinc Price 2023 Year-End Review

January 10, 2024

How to Invest in Pharmaceutical Companies (Updated 2023)

July 28, 2023

Strategy Update and Cost Restructure

January 28, 2025

Gold Price Rises as Powell Boosts Rate Cut...

August 23, 2025

Chris Vermeulen: Gold’s Next Move After New High,...

December 6, 2023

Coal 101: The 4 Coal Types and Their...

February 6, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


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

    Latest

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Angkor Resources: Unlocking Cambodia’s Resource Potential through Energy and Minerals Assets

    • Alice Queen raises $1M via issue of Convertible Notes

    • Sranan Gold Intersects 11.5 Metres Grading 3.64 Grams per Tonne Gold in Saprolite from Initial Drill Hole at Randy’s Pit at the Tapanahony Project in Suriname

    • Homerun Resources Inc. Announces Updated Offtake Agreement with Brasil Fotovoltaico for the Supply of High-Quality Solar Glass

    • Heritage Mining Confirms New Gold Mineralization at the Scattergood Project

    Categories

    • Business (1,373)
    • Investing (2,905)
    • Politics (3,699)
    • Stocks (1,791)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.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 moneycontrolplace.com | All Rights Reserved