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Brenmiller Issues 2023-2024 ESG Report: Charting the Course to Net-Zero

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Brenmiller Energy (NASDAQ: BNRG) has released its 2023-2024 ESG Report, highlighting its progress in providing zero-emission industrial heat solutions. The company's flagship product, bGen™ ZERO, enables industrial customers to generate clean steam, hot water, and hot air using electricity and residual heat for various applications.

The company is currently commissioning seven global projects with 103 MWh of thermal energy storage capacity. Their automated gigafactory manufacturing line is expected to reduce operational energy consumption to one-third of previous levels at full capacity. Brenmiller's operations align with seven UN Sustainable Development Goals, and the report outlines ESG targets through 2026.

Brenmiller Energy (NASDAQ: BNRG) ha pubblicato il suo Rapporto ESG 2023-2024, evidenziando i progressi nella fornitura di soluzioni di riscaldamento industriale a zero emissioni. Il prodotto di punta dell'azienda, bGen™ ZERO, consente ai clienti industriali di generare vapore pulito, acqua calda e aria calda utilizzando elettricità e calore residuo per varie applicazioni.

L’azienda sta attualmente avviando sette progetti globali con una capacità di accumulo di energia termica di 103 MWh. La loro linea di produzione gigafactory automatizzata si prevede ridurrà il consumo energetico operativo a un terzo rispetto ai livelli precedenti a piena capacità. Le operazioni di Brenmiller sono allineate con sette Obiettivi di Sviluppo Sostenibile delle Nazioni Unite, e il rapporto delinea obiettivi ESG fino al 2026.

Brenmiller Energy (NASDAQ: BNRG) ha publicado su Informe ESG 2023-2024, destacando su progreso en la provisión de soluciones de calefacción industrial de cero emisiones. El producto insignia de la compañía, bGen™ ZERO, permite a los clientes industriales generar vapor limpio, agua caliente y aire caliente utilizando electricidad y calor residual para diversas aplicaciones.

La empresa está actualmente poniendo en marcha siete proyectos globales con una capacidad de almacenamiento de energía térmica de 103 MWh. Su línea de fabricación de gigafábrica automatizada se espera que reduzca el consumo energético operativo a un tercio de los niveles anteriores a plena capacidad. Las operaciones de Brenmiller están alineadas con siete Objetivos de Desarrollo Sostenible de la ONU, y el informe esboza objetivos ESG hasta 2026.

브렌밀러 에너지(Brenmiller Energy) (NASDAQ: BNRG)는 2023-2024 ESG 보고서를 발표하며 제로 배출 산업 열 설계 솔루션에 대한 진전을 강조했습니다. 회사의 주력 제품인 bGen™ ZERO는 산업 고객이 전기와 잔여 열을 사용하여 다양한 응용 분야에서 청정 증기, 온수 및 뜨거운 공기를 생성할 수 있도록 합니다.

현재 이 회사는 103 MWh의 열 에너지 저장 용량을 갖춘 7개의 글로벌 프로젝트를 가동 중입니다. 자동화된 기가팩토리 제조 라인은 최대 용량에서 운영 에너지 소비를 이전 수준의 1/3로 줄일 것으로 예상됩니다. 브렌밀러의 운영은 7개의 UN 지속 가능 발전 목표와 일치하며, 보고서는 2026년까지의 ESG 목표를 설명하고 있습니다.

Brenmiller Energy (NASDAQ: BNRG) a publié son rapport ESG 2023-2024, soulignant ses progrès dans la fourniture de solutions de chaleur industrielle à zéro émission. Le produit phare de l'entreprise, bGen™ ZERO, permet aux clients industriels de générer de la vapeur propre, de l'eau chaude et de l'air chaud en utilisant de l'électricité et de la chaleur résiduelle pour diverses applications.

L'entreprise met actuellement en service sept projets mondiaux avec une capacité de stockage d'énergie thermique de 103 MWh. Sa ligne de production automatisée de gigafactory devrait réduire la consommation d'énergie opérationnelle à un tiers des niveaux précédents à pleine capacité. Les opérations de Brenmiller s'alignent sur sept Objectifs de développement durable des Nations Unies, et le rapport décrit les objectifs ESG jusqu'en 2026.

Brenmiller Energy (NASDAQ: BNRG) hat seinen ESG-Bericht 2023-2024 veröffentlicht, der die Fortschritte bei der Bereitstellung von emissionsfreien industriellen Wärme­lösungen hervorhebt. Das Flaggschiffprodukt des Unternehmens, bGen™ ZERO, ermöglicht es industriellen Kunden, saften Dampf, heißes Wasser und heiße Luft mithilfe von Elektrizität und Restwärme für verschiedene Anwendungen zu erzeugen.

Das Unternehmen beauftragt derzeit sieben globale Projekte mit einer thermischen Speicherkapazität von 103 MWh. Ihre automatisierte Gigafactory-Fertigungsstraße soll den betrieblichen Energieverbrauch bei voller Kapazität auf ein Drittel der bisherigen Werte senken. Die Aktivitäten von Brenmiller stehen im Einklang mit sieben Zielen für nachhaltige Entwicklung der Vereinten Nationen, und der Bericht skizziert ESG-Ziele bis 2026.

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Brenmiller’s bGen™ thermal energy storage (TES) solution enables its customers to meet their own decarbonization goals by reducing greenhouse gas (GHG) emissions

ROSH HA’AYIN, Israel--(BUSINESS WIRE)--

Brenmiller Energy Ltd. (“Brenmiller”, “Brenmiller Energy” or the “Company”) (Nasdaq: BNRG), a leading global provider of TES solutions for industrial and utility sectors, today released its annual Environmental, Social, and Governance (ESG) report (the “ESG Report”). This comprehensive report details the Company’s progress in offering access to zero-emission industrial heat solutions. In addition, the ESG Report showcases how the Company’s bGen™ ZERO technology is assisting in transforming industrial energy consumption worldwide.

The Company’s bGen™ ZERO provides energy-intensive organizations a way to use electricity and residual heat to generate clean steam, hot water, and hot air for a wide range of industrial applications including food and beverage processing, the production of chemicals and pharmaceuticals, and heating thermal oils. The bGen™ ZERO also offers immense flexibility, which Brenmiller leverages to participate in grid-balancing markets, lower customers’ energy costs, increase project revenues, and pave the way for fully renewable power generation.

"This has been a landmark year in our mission to deliver reliable, cost-efficient net-zero heat solutions to various industries," said Avi Brenmiller, Chairman and Chief Executive Officer of Brenmiller Energy. "I believe that the thermal energy storage sector is experiencing unprecedented momentum – the most exciting I've witnessed in my 40-year career. Driven by corporate ESG mandates and global decarbonization policies, I believe that the demand for our solutions has never been stronger. We're grateful to our shareholders and stakeholders who support our mission to revolutionize industrial power with cleaner alternatives."

Key Report Highlights:

  • Expanding Global Impact: Brenmiller Energy is in the process of commissioning and installing seven global projects with a cumulative 103 MWh of TES capacity.
  • Industrial Innovation: The bGen™ ZERO system enables energy-intensive industries to generate clean steam, hot water, and hot air using electricity and residual heat. This versatile solution serves diverse sectors including food and beverage processing, chemical manufacturing, pharmaceuticals, and thermal oil heating.
  • Grid Optimization: The bGen™ ZERO system's flexibility allows participation in grid-balancing markets, reducing customer energy costs while facilitating increased renewable energy integration.
  • Sustainable Manufacturing: Brenmiller's automated gigafactory manufacturing line for bGen™ ZERO is expected to reduce its operational energy consumption to around one-third of previous levels at full capacity.
  • Environmental Leadership: The bGen™ ZERO systems are designed for an exceptionally long lifespan using recyclable, environmentally friendly materials with no need to replace any of the used materials during its lifetime.

Brenmiller Energy's operations account for seven UN Sustainable Development Goals:

  • Affordable and Clean Energy (Goal 7)
  • Decent Work and Economic Growth (Goal 8)
  • Industry, Innovation, and Infrastructure (Goal 9)
  • Sustainable Cities and Communities (Goal 11)
  • Responsible Consumption and Production (Goal 12)
  • Climate Action (Goal 13)
  • Partnerships for the Goals (Goal 17)

The report also outlines Brenmiller Energy's ESG targets through 2026, demonstrating the Company's long-term commitment to sustainable industrial transformation.

The full ESG report is available: HERE.

About bGen™
bGen™, Brenmiller’s TES system, converts electricity into heat to power sustainable industrial processes at a price that is competitive with natural gas. The bGen™ charges by capturing low-cost electricity from renewables or the grid and stores it in crushed rocks. It then discharges steam, hot water or hot air on demand according to customer requirements. The bGen™ also supports the development of utility-scale renewables by providing critical flexibility and grid-balancing capabilities. bGen™ was named among TIME’s Best Inventions of 2023 in the Green Energy category.

About Brenmiller Energy Ltd.
Brenmiller Energy helps energy-intensive industries and power producers end their reliance on fossil fuel boilers. Brenmiller’s patented bGen™ 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 (formerly Twitter) 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 in this press release when it discusses: the Company’s progress in offering access to zero-emission industrial heat solutions; the Company’s bGen™ ZERO technology assisting in transforming industrial energy consumption worldwide; bGen™ ZERO’s benefits, including lower customers’ energy costs, increase project revenues, and paving the way for fully renewable power generation; the future expansion of the energy storage sector; the growth in the demand for the Company’s solutions; the cumulative thermal energy storage capacity of the Company’s projects; the excepted operational energy consumption reduction of the Company’s automated gigafactory manufacturing line for bGen™ ZERO; the Company’s long-term commitment to sustainable industrial transformation. 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, 2023 filed with the SEC on March 18, 2024, 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.

Media:

Tori Bentkover

brenmillerenergy@antennagroup.com

Source: Brenmiller Energy Ltd.

FAQ

What is the total thermal energy storage capacity of Brenmiller Energy's (BNRG) current global projects?

Brenmiller Energy (BNRG) is commissioning and installing seven global projects with a cumulative 103 MWh of thermal energy storage capacity.

How does Brenmiller Energy's (BNRG) bGen™ ZERO system benefit industrial customers?

The bGen™ ZERO system enables industrial customers to generate clean steam, hot water, and hot air using electricity and residual heat, while participating in grid-balancing markets to reduce energy costs.

Which UN Sustainable Development Goals does Brenmiller Energy (BNRG) support?

Brenmiller Energy supports seven UN Goals: Affordable and Clean Energy, Decent Work and Economic Growth, Industry Innovation and Infrastructure, Sustainable Cities and Communities, Responsible Consumption and Production, Climate Action, and Partnerships for the Goals.

What manufacturing improvements has Brenmiller Energy (BNRG) implemented in 2023-2024?

Brenmiller Energy has implemented an automated gigafactory manufacturing line for bGen™ ZERO that is expected to reduce operational energy consumption to approximately one-third of previous levels at full capacity.

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