MARKET WIRE NEWS

Bimergen Advances Redbird 100 MW / 400 MWh Texas Battery Project with JDA Acceptance and Selection of Eos Z3(TM) Technology

MWN-AI** Summary

Bimergen Energy Corporation (NYSE American: BESS) has made significant strides in its Redbird project, a 100 MW / 400 MWh battery energy storage system located in Texas. The project has received formal approval under its Joint Development Agreement (JDA), enabling it to proceed with organized, milestone-based capital deployment. Notably, Bimergen has selected Eos Energy Enterprises, Inc.'s (NASDAQ: EOSE) Z3™ zinc-based battery technology for this venture, highlighting a commitment to utilize American-made resources in advancing the project.

The Redbird battery energy storage system is designed to provide four hours of dispatchable storage capacity, crucial for enhancing grid reliability and supporting renewable energy integration. As Texas experiences rapid electric demand due to factors such as economic growth and population influx—exemplified by the increase in data centers—the Redbird project is positioned as essential infrastructure to maintain system stability.

Bimergen's Co-CEO, Cole Johnson, emphasized that the project reflects the company’s disciplined approach to development, focusing on safe and reliable storage solutions that address Texas' growing energy needs. Co-CEO Bob Brilon expressed enthusiasm for partnering with Eos, noting that the structured capital framework in place would allow Redbird to deliver long-term value while simultaneously enhancing grid resilience in the Electric Reliability Council of Texas (ERCOT) market.

Eos's Chief Commercial Officer, Nathan Kroeker, reinforced the importance of projects like Redbird, which showcase the rising demand for dependable, American-made battery storage. Eos’s Z3™ technology is designed for safety, durability, and long-duration performance, aligning with Bimergen's vision to support the transition towards sustainable energy solutions.

For further information on Bimergen Energy Corporation, visit their website at www.bimergen.com.

MWN-AI** Analysis

Bimergen Energy Corporation's recent announcement regarding the Redbird project marks a pivotal moment for the company as it advances its development in the burgeoning battery energy storage sector. This 100 MW / 400 MWh system, utilizing Eos Energy Enterprises' Z3™ technology, positions Bimergen strongly within the ERCOT market, where demand for reliable energy storage continues to escalate due to economic growth and increased electrification.

From an investment perspective, Bimergen’s strategic partnership with Eos and their selection of American-made technology is a reaffirmation of the company's commitment to quality and reliability. The Redbird project's capacity to provide four-hour discharge aligns well with ERCOT's evolving needs, making it a key player in enhancing grid resilience as the state witnesses rapid load growth.

Investors should closely monitor this project through its milestone-based capital deployment outlined in the Joint Development Agreement (JDA). The structured approach to funding will likely enhance financial visibility and risk mitigation—critical factors for stakeholders in the energy sector. Given the increasing regulatory focus on renewable energy and reliability, this project could offer a substantial competitive advantage.

Moreover, as Texas continues to experience surging demand from data centers and population growth, Bimergen’s focus on battery energy storage positions it to capitalize on these trends effectively. Potential investors should consider the strategic relevance of this initiative in the context of broader energy transition efforts within the state and nationally.

In summary, Bimergen Energy Corporation's execution of the Redbird project is not only a crucial step in its operational development but also presents a compelling opportunity for investors focused on sustainable energy solutions. As the project progresses, stakeholders should remain alert to updates and the project's timeline to commercial operations, which may enhance Bimergen's position in a rapid-growing market.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

Newport Beach, CA, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Bimergen Energy Corporation (NYSE American: 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 structured, milestone-based capital deployment. The selection of Eos’ American-made Z3 technology further positions the project for execution as it advances toward commercial operations in the Electric Reliability Council of Texas “ERCOT” market.

The four-hour Redbird BESS is designed to deliver dispatchable storage capacity that enhances grid reliability, supports renewable integration, and provides critical services including energy shifting, capacity support, and ancillary services. As Texas continues to experience rapid load growth driven by economic expansion, population growth, data center development, and electrification trends, projects like Redbird represent essential infrastructure to maintain system stability.

“Redbird’s participation under our Joint Development Agreement, combined with the selection of Eos’ Z3 technology, represents a defining step forward for Bimergen,” said Cole Johnson, Co-Chief Executive Officer of Bimergen Energy. “This project reflects our disciplined development approach and our commitment to deploying safe, reliable, multi-hour storage solutions that directly address Texas’ accelerating power demand.”

“We are excited to partner with Eos to execute this high-impact project,” said Bob Brilon, Co-Chief Executive Officer of Bimergen Energy. “With four hours of discharge capability and a structured capital framework in place, Redbird is positioned to deliver long-term value while strengthening grid resilience across ERCOT.”

“Projects like Redbird demonstrate the growing demand for dependable, American-made storage that enhances reliability,” said Nathan Kroeker, Chief Commercial Officer of Eos. “Eos’ Z3 technology is engineered for safety, durability, and multi-hour performance, and we are proud to support Bimergen as it advances Redbird toward commercial operations.”

About Bimergen Energy Corporation

Bimergen Energy Corporation (NYSE American: BESS, BESS.WS) is a U.S.-based independent power provider specializing in the development, ownership, and operation of standalone battery energy storage systems (BESS). Bimergen develops utility-scale and distributed storage projects designed to provide grid reliability, renewable integration, and flexible energy solutions. Bimergen manages the full project lifecycle, including site selection, permitting, engineering, procurement, construction, and operations. Its portfolio spans multiple power markets across the United States.

For more information about Bimergen Energy, please visit www.bimergen.com.

Forward Looking Statements

This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” "will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Bimergen Energy Corporation’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the final prospectus related to the public offering filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Bimergen Energy Corporation undertakes no duty to update such information except as required under applicable law.

Media Contact:
Dave Gentry
RedChip Companies Inc.
1-407-644-4256 | 1-800-REDCHIP (733-2447)
BESS@redchip.com


FAQ**

How does Bimergen Energy Corp. BESS plan to ensure the successful execution of the Redbird project with Eos’ Z3™ technology amid the growing demand for battery energy storage in Texas?

Bimergen Energy Corp. BESS plans to leverage Eos' Z3™ technology by ensuring robust project management, strategic partnerships, and innovative engineering solutions to meet Texas' increasing demand for reliable battery energy storage.

What are the expected benefits of Bimergen Energy Corp. BESS’s Redbird project in enhancing grid reliability and renewable integration within the ERCOT market?

Bimergen Energy Corp.'s Redbird project is expected to enhance grid reliability and renewable integration in the ERCOT market by providing flexible energy storage solutions, improving demand response, stabilizing frequency, and supporting the transition to a cleaner energy grid.

How will Bimergen Energy Corp. BESS manage risks associated with the deployment and operation of the Redbird battery energy storage system, particularly given the uncertainties mentioned?

Bimergen Energy Corp. BESS will implement robust risk management strategies, including advanced forecasting models, regular system maintenance, diversified energy sourcing, insurance coverage, and compliance with regulatory standards to mitigate uncertainties in deploying the Redbird battery energy storage system.

What strategic partnerships does Bimergen Energy Corp. BESS foresee in expanding its utility-scale battery energy storage portfolio beyond the Redbird project?

Bimergen Energy Corp. BESS anticipates strategic partnerships with established renewable energy developers, technology providers, and utility companies to enhance its utility-scale battery energy storage portfolio beyond the Redbird project.

**MWN-AI FAQ is based on asking OpenAI questions about Bitech Technologies Corporation (OTC: BTTC).

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