- Bitech is a world technology solution provider of a green energy solution suite with a focus on cryptocurrency mining
- NTS is an independent inspection, testing, and certification company
- Bitech is working to supply a green energy solution suite and combat oil crisis
Bitech Technologies Corporation, a world technology solution provider of a green energy solution suite with a focus on cryptocurrency mining, renewable energy projects, and data centers announced the testing results from National Technical Systems (NTS), Bankless Times learned from a press release.
The initial engineering sample corroborated an energy efficiency multiple of three with use of the Tesdison engineering unit.
NTS conducted testing on the Tesdison system in October 2019, which was developed around US patent no. 10, 547,179, B2 and built to provide continuous renewable energy from the electric power that has been stored in its batteries. It also aims to maximize electric output.
IEA warns of triple energy crisis
On May 31, Market Insider wrote that International Energy Agency (IEA) chief Fatih Birol warned of a triple energy crisis that could last much longer and be much bigger than the crisis in the 1970s. The US and Europe risk fuel shortages as summer holidays begin. Birol said:
We have an oil crisis, a gas crisis and an electricity crisis simultaneously.
At present, oil, gas, and electricity prices are skyrocketing in both the US and Europe, manifesting in sky-high inflation.
Bitech is bringing green energy solutions
Bitech is working diligently in many different areas to grow its business and supply a green energy solution suite. Tesdison technology, after being validated by NTS, is anticipated to be the first electricity efficiency solution to the oil and gas crisis.
Bitech chair and CEO Dr. Benjamin Tran said:
The success of these engineering tests from NTS allows Bitech to move forward with confidence to start our commercialization process of the Tesdison technology, not only aiming at cryptocurrency mining application, but also expanding its use to other industry applications where green energy, especially electricity, is of exigency.
About NTS
NTS is an independent inspection, testing, and certification company. It provides top-grade testing services to clients at 59 locations worldwide. These services are provided to a wide range of sectors, including energy, medical, aviation, space, automotive, defense, electronics, industrial, telecommunications, and IoT.
