Beam Global Europe Conducts Seminar on Utility Scale Energy Storage: Li-ion Batteries and Financial Models

SAN DIEGO, March 26, 2024 (GLOBE NEWSWIRE) -- , (Nasdaq: , BEEMW), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, announced that Desmond Wheatley, Chief Executive Officer, and Dr. Said Al-Hallaj, Chief Battery Scientist will conduct an in-depth seminar on emerging technologies and financial models for utility scale energy storage on 26^th March 2024 at Hotel Hilton, Belgrade.

The seminar will be attended by government, business and utility leaders from Serbia, Macedonia, Montenegro, Croatia and U.S. embassy officials. Balkan regional governments are increasingly requiring energy storage facilities to be collocated with renewable energy generation to provide grid stability and reduce the impacts from intermittent electricity generation typical of wind and solar installations. Beam Europe views the expansion of Beam Global’s energy storage business as a significant opportunity.

“Our recent UK government contract and order from the British Army demonstrate that we can win material contracts in Europe,” said Desmond Wheatley, Beam Global CEO. “The enthusiasm for today’s seminar further shows that Beam Global’s products are highly relevant in Europe at the moment. I believe that our expansion into this market will continue to create significant growth opportunities for Beam Global.”

Dr. Al-Hallaj and Mr. Wheatley will cover a technical update on energy storage using lithium-ion batteries, advancements in thermal management for battery safety, design and engineering best practices for utility scale deployments and emerging financial models. Dr. Al-Hallaj and Mr. Wheatley will be available for one-on-one meetings with registered attendees after the seminar.

About Beam Global

Beam Global is a clean technology innovator which develops and manufactures sustainable infrastructure products and technologies. We operate at the nexus of clean energy and transportation with a focus on sustainable energy infrastructure, rapidly deployed and scalable EV charging solutions, safe energy storage and vital energy security. With operations in the U.S. and Europe, Beam Global develops, patents, designs, engineers and manufactures unique and advanced clean technology solutions that power transportation, provide secure sources of electricity, save time and money and protect the environment. Headquartered in San Diego with facilities in Chicago, Belgrade and Kraljevo, Beam Global has a deep patent portfolio and is listed on Nasdaq under the symbols BEEM and BEEMW. For more information visit , , and .

Forward-Looking Statements

This Beam Global Press Release may contain forward-looking statements. All statements in this Press Release other than statements of historical facts are forward-looking statements. Forward-looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results. These statements relate to future events or future results of operations, including, but not limited to the following statements: statements regarding the acquisition of Amiga, its expected benefits, and the anticipated future financial performance as a result of the acquisition. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, which may cause Beam Global's actual results to be materially different from these forward-looking statements. Except to the extent required by law, Beam Global expressly disclaims any obligation to update any forward-looking statements.

Media Contact:

Skyya PR

Investor Relations:

Core IR