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Pacific Green Technologies Inc (PGTK) is an environmental services company based in San Jose, CA, USA. The company focuses on providing grid-scale battery energy storage systems, renewable, and environmental technologies. They recently acquired 51% shares in five Italian projects from Sphera Energy Srl, with final permitting expected in Q4 2024. Pacific Green's expansion into Italy marks a significant step towards achieving National and EU Net-Zero targets through the development of battery assets.
Pacific Green Technologies (OTCQB:PGTK) has acquired Sheaf Energy Limited for £7.5 million (US$9.1 million). The Sheaf Energy Park will feature a 249 MW / 373.5 MWh battery energy storage system in Kent, UK, with operations starting in April 2025. This development adds to Pacific Green's ongoing project pipeline, following their Richborough Energy Park set to connect to the grid in Q2 2023. The company's leadership emphasizes their commitment to advancing large-scale energy projects that support the UK's Net Zero transition.
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