Brenmiller Energy Signs a Memorandum of Understanding to Advance Thermal Energy Storage Solutions in Japan with a Major Japanese Corporation
Brenmiller Energy (Nasdaq:BNRG) has signed a non-binding Memorandum of Understanding (MOU) with a major Japanese corporation to deploy sustainable heating solutions in Japan. The collaboration aims to explore commercial opportunities for Brenmiller's Thermal Energy Storage (TES) technology, focusing on replacing fossil-fuel-based boilers with zero-emission systems.
The Japanese partner, based in Yokohama, will leverage its expertise in project development and energy transition to identify and develop TES implementation opportunities across Japan. The initiative includes both direct sales of TES equipment and Heat-as-a-Service (HaaS) models for industrial and utility-scale applications.
Brenmiller Energy (Nasdaq:BNRG) ha firmato un Memorandum d'Intesa non vincolante (MOU) con una grande azienda giapponese per implementare soluzioni di riscaldamento sostenibile in Giappone. La collaborazione mira a esplorare opportunità commerciali per la tecnologia di Accumulo di Energia Termica (TES) di Brenmiller, concentrandosi sulla sostituzione delle caldaie a combustibili fossili con sistemi a emissioni zero.
Il partner giapponese, con sede a Yokohama, sfrutterà la sua esperienza nello sviluppo di progetti e nella transizione energetica per individuare e sviluppare opportunità di implementazione del TES in tutto il Giappone. L'iniziativa comprende sia la vendita diretta di apparecchiature TES sia modelli di Heat-as-a-Service (HaaS) per applicazioni industriali e su scala utility.
Brenmiller Energy (Nasdaq:BNRG) ha firmado un Memorando de Entendimiento no vinculante (MOU) con una importante corporación japonesa para implementar soluciones de calefacción sostenible en Japón. La colaboración busca explorar oportunidades comerciales para la tecnología de Almacenamiento de Energía Térmica (TES) de Brenmiller, centrándose en reemplazar calderas basadas en combustibles fósiles por sistemas de cero emisiones.
El socio japonés, con sede en Yokohama, aprovechará su experiencia en desarrollo de proyectos y transición energética para identificar y desarrollar oportunidades de implementación de TES en todo Japón. La iniciativa incluye tanto ventas directas de equipos TES como modelos de Heat-as-a-Service (HaaS) para aplicaciones industriales y a escala de servicios públicos.
Brenmiller Energy (나스닥:BNRG)는 일본의 주요 기업과 지속 가능한 난방 솔루션을 일본에 도입하기 위한 비구속적 양해각서(MOU)를 체결했습니다. 이번 협력은 Brenmiller의 열에너지 저장(TES) 기술을 활용하여 화석 연료 보일러를 배출가스 제로 시스템으로 대체하는 상업적 기회를 모색하는 데 중점을 둡니다.
요코하마에 본사를 둔 일본 파트너는 프로젝트 개발 및 에너지 전환 분야의 전문성을 바탕으로 일본 전역에서 TES 도입 기회를 발굴하고 개발할 예정입니다. 이 이니셔티브는 TES 장비의 직접 판매와 산업 및 유틸리티 규모 적용을 위한 Heat-as-a-Service(HaaS) 모델을 포함합니다.
Brenmiller Energy (Nasdaq:BNRG) a signé un protocole d'accord non contraignant (MOU) avec une grande entreprise japonaise pour déployer des solutions de chauffage durable au Japon. Cette collaboration vise à explorer les opportunités commerciales pour la technologie de stockage d'énergie thermique (TES) de Brenmiller, en se concentrant sur le remplacement des chaudières à combustibles fossiles par des systèmes zéro émission.
Le partenaire japonais, basé à Yokohama, mettra à profit son expertise en développement de projets et transition énergétique pour identifier et développer des opportunités d'implémentation du TES à travers le Japon. L'initiative inclut à la fois la vente directe d'équipements TES et des modèles Heat-as-a-Service (HaaS) pour des applications industrielles et à l'échelle des services publics.
Brenmiller Energy (Nasdaq:BNRG) hat eine unverbindliche Absichtserklärung (MOU) mit einem großen japanischen Unternehmen unterzeichnet, um nachhaltige Heizlösungen in Japan einzuführen. Die Zusammenarbeit zielt darauf ab, kommerzielle Möglichkeiten für Brenmillers Thermal Energy Storage (TES)-Technologie zu erkunden, mit dem Schwerpunkt auf der Ersetzung fossiler Brennstoffkessel durch emissionsfreie Systeme.
Der japanische Partner mit Sitz in Yokohama wird seine Expertise in Projektentwicklung und Energiewende nutzen, um TES-Implementierungsmöglichkeiten landesweit zu identifizieren und zu entwickeln. Die Initiative umfasst sowohl den Direktverkauf von TES-Geräten als auch Heat-as-a-Service (HaaS)-Modelle für industrielle und Versorgungsanwendungen.
- Strategic entry into the Japanese market with a major local corporation
- Potential market expansion in a country with high renewable energy penetration
- Opportunity to develop both direct sales and Heat-as-a-Service business models
- MOU is non-binding with no guaranteed commitments
- No specific financial terms or project timelines disclosed
Insights
Brenmiller's MOU with a Japanese corporation creates potential pathway to the Japanese industrial decarbonization market but lacks concrete financial commitments.
Brenmiller Energy's non-binding MOU with an unnamed Japanese corporation represents a preliminary step toward accessing Japan's industrial heat decarbonization market. While the agreement lacks financial details or binding commitments, it strategically positions Brenmiller to potentially expand its thermal energy storage (TES) footprint in a country actively pursuing industrial emission reductions.
The partnership structure combines Brenmiller's TES technology with the Japanese firm's local market expertise, engineering capabilities, and project development experience. This collaboration model could accelerate market penetration through two revenue channels: direct equipment sales and recurring revenue through Heat-as-a-Service (HaaS) models.
Japan represents a logical expansion target for Brenmiller given the country's high renewable energy penetration and industrial decarbonization goals. The industrial heat sector remains one of the most challenging segments to decarbonize globally, as many manufacturing processes require high-temperature heat traditionally supplied by fossil fuels.
However, investors should note several limitations in this announcement. The Japanese partner remains unnamed, the MOU is explicitly non-binding, and no timeline, financial projections, or specific project targets are provided. These factors make it difficult to quantify potential revenue impact or execution probability in the near term. The agreement represents a market development opportunity rather than an immediate business catalyst.
ROSH HAAYIN, ISRAEL and YOKOHAMA, JAPAN / ACCESS Newswire / June 26, 2025 / Brenmiller Energy Ltd. ("Brenmiller" or the "Company") (Nasdaq:BNRG), a global leader provider of thermal energy storage ("TES") solutions for industrial and utility customers, and a major Japanese Corporation, which is a prominent Japan-based engineering and project development company, announced today the signing of a non-binding Memorandum of Understanding ("MOU") to collaborate on the deployment of sustainable heating solutions in Japan.
The agreement marks a significant milestone in both companies' commitment to accelerating the energy transition and decarbonization of industrial processes. Under the MOU, Brenmiller and the Japanese corporation will work together to explore commercial opportunities for Brenmiller's TES technology, focusing on replacing fossil-fuel-based boilers with innovative, zero-emission TES systems.
Collaboration to Drive Market Growth in Japan
As part of the collaboration, the Japanese corporation will leverage its market experience as a global engineering company with expertise in project development, energy transition, and infrastructure solutions. Headquartered in Yokohama, Japan, the Japanese corporation aims to play a pivotal role in delivering innovative, sustainable solutions across various sectors, including energy, industrial, and environmental industries.
Under the MOU, the Japanese corporation will identify and develop opportunities for TES system implementation across Japan. The initiative includes promoting both direct sales of TES equipment and Heat-as-a-Service ("HaaS") models for industrial and utility-scale applications.
"We are excited to work with a major Japanese player, a company with a strong reputation for driving innovation and sustainability," said Avi Brenmiller, Chairman and Chief Executive Officer of Brenmiller. "Japan represents a potential market for thermal energy storage due to high penetration of renewables and desires for sustainable solutions, and this collaboration will help us accelerate decarbonization efforts for industrial heat-a critical step toward achieving net-zero targets."
About Brenmiller Energy Ltd.
Brenmiller Energy Ltd. helps energy-intensive industries and power producers end their reliance on fossil fuel boilers. Brenmiller's patented bGen™ ZERO thermal battery is a modular and scalable energy storage system that turns renewable electricity into zero-emission heat. It charges using low-cost renewable electricity and discharges a continuous supply of heat on demand and according to its customers' needs. The most experienced thermal battery developer on the market, Brenmiller operates the world's only gigafactory for thermal battery production and is trusted by leading multinational energy companies. For more information visit the Company's website at https://bren-energy.com/ and follow the company on X and LinkedIn.
Forward-Looking Statements:
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Statements that are not statements of historical fact may be deemed to be forward-looking statements. For example, the Company is using forward-looking statements when discussing future commercial opportunities for the Company's TES technology; replacing fossil-fuel-based boilers with innovative, zero-emission TES systems; that the Japanese corporation will leverage its market experience and engineering expertise to identify and develop opportunities for TES system implementation across Japan; future outcomes of the MOU including promoting direct sales of TES equipment and HaaS models for industrial and utility-scale applications; that the collaboration will help accelerate decarbonization efforts for industrial heat and contribute to achieving net-zero targets. Without limiting the generality of the foregoing, words such as "plan," "project," "potential," "seek," "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate" or "continue" are intended to identify forward-looking statements. Readers are cautioned that certain important factors may affect the Company's actual results and could cause such results to differ materially from any forward-looking statements that may be made in this press release. Factors that may affect the Company's results include, but are not limited to: the Company's planned level of revenues and capital expenditures; risks associated with the adequacy of existing cash resources; the demand for and market acceptance of our products; impact of competitive products and prices; product development, commercialization or technological difficulties; the success or failure of negotiations; trade, legal, social and economic risks; and political, economic and military instability in the Middle East, specifically in Israel. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's Annual Report on Form 20-F for the year ended December 31, 2024 filed with the U.S. Securities and Exchange Commission ("SEC") on March 4, 2025, which is available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contact: investors@bren-energy.com
SOURCE: Brenmiller Energy
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