DOVER, DE, Dec. 13, 2024 (Korea Bizwire) – Pacific Green Technologies, Inc. (“Pacific Green”), (OTCQB: PGTK) announces that it has amended some material accounting policies following extensive engagement with its auditors. These updates will be reflected retrospectively in the filings from December 2023. These adjustments have no impact on Pacific Green’s reported net income, cash balance [...]
Sydney, Dec. 03, 2024 (Korea Bizwire) – Pacific Green, a global battery energy storage company, has secured a parcel of land in Wagga Wagga, New South Wales, where it proposes to establish its next Australian energy park. The land is strategically co-located near TransGrid’s existing Wagga 330 kV substation and 16 km from the town of [...]
Melbourne, July 17, 2024 (Korea Bizwire) – Pacific Green, a global battery energy storage company, has achieved planning consent from the South Australian Government for its first two grid-scale battery energy parks in the Limestone Coast region of South Australia. The Limestone Coast Energy Park assets will consist of a 0.5GW / 1.5 GWh battery [...]
Company doubles down on BESS as a priority focus in 2024, having expanded its global pipeline to 6GWh in 2023. Australia and Italy are hotspots for significant expansion of origination portfolio, alongside entry into Polish market. Further expansion of UK portfolio, as pioneering Richborough project enters first full year of operation and construction is underway [...]
Dover, DE, Dec. 14, 2023 (Korea Bizwire) – Pacific Green Technologies, Inc. (“Pacific Green”, OTCQB: PGTK) is celebrating a year of significant progress in its mission to build a global pipeline of grid-scale Battery Energy Storage Systems (BESS). In 2023, the business has hit a series of key strategic milestones for its international pipeline of BESS [...]
London, Nov. 21, 2023 (Korea Bizwire) – Pacific Green Technologies, Inc. (“Pacific Green”, OTCQB: PGTK) announces that Sheaf Energy Limited, a wholly-owned subsidiary of Pacific Green, has entered into an agreement with SSE Energy Supply Limited (“SSE”) wherein SSE will provide trading and optimization services for the 249 MW / 373.5 MWh Sheaf Energy Park battery [...]
Dover, DE, Nov. 16, 2023 (Korea Bizwire) — Pacific Green Battery Energy Park (Italia) Srl, a wholly-owned subsidiary of Pacific Green Technologies, Inc. (the “Company” or “Pacific Green”, (OTCQB: PGTK)) announces that it has acquired 51% of the shares in five Italian projects (the “Projects”) from Sphera Energy Srl. The remaining 49% of the shares [...]
Dover, DE, Nov. 09, 2023 (Korea Bizwire) — / Pacific Green Technologies, Inc. (“Pacific Green”), (OTCQB: PGTK) announces that Pacific Green Technologies (Australia) Pty Ltd., a wholly owned subsidiary of Pacific Green, has entered into an exclusivity agreement to secure a strategically located land site in Limestone Coast, South Australia to develop a 0.5 GW / [...]
Dover, DE, Nov. 07, 2023 (Korea Bizwire) – Pacific Green Technologies, Inc. (“Pacific Green”, OTCQB: PGTK) announces that it has entered into a transaction to sell 100% of the shares in Pacific Green Battery Energy Parks 2 Limited (“PGBEP2”) to Sosteneo Fund 1 HoldCo S.à.r.l. (“Sosteneo HoldCo”) for £210 million (US$258 million) (the “Transaction”). PGBEP2 [...]
Dover, DE, Nov. 03, 2023 (Korea Bizwire) – Pacific Green Technologies, Inc. (“Pacific Green”, OTCQB: PGTK) announces that it has reached financial close on a £120 million (US$146 million) senior debt facility (the “Facility”) for Pacific Green’s 249 MW / 373.5 MWh Sheaf Energy Park battery energy storage system in Kent, England (“Sheaf Energy Park”). [...]