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News coverage of Brenmiller Energy focuses on the company's project developments, technology deployments, and strategic partnerships as thermal energy storage gains recognition as a critical decarbonization technology. Media reports frequently highlight new customer installations, manufacturing capacity expansions, and collaborations that advance the commercial adoption of heat battery systems across industrial sectors.
Industry analysts and clean energy publications examine the company's role in addressing industrial emissions through thermal storage technology. Coverage explores how facilities in energy-intensive sectors transition from fossil fuel heating to renewable-powered thermal storage while maintaining operational reliability and production quality. Project announcements detailing system specifications, energy capacity, and anticipated emissions reductions provide insight into the practical applications and performance characteristics of thermal battery deployments.
Financial and business news outlets track the company's market position within the expanding thermal energy storage sector. Reports analyze project pipeline growth, revenue projections, and competitive dynamics as multiple technology providers compete to capture market share in industrial decarbonization. Partnership announcements with energy service companies, industrial facility operators, and renewable energy developers signal the evolving commercial ecosystem surrounding thermal storage technology.
Technology and engineering publications provide technical perspectives on thermal storage innovation, system design improvements, and performance validation from deployed installations. Coverage examines how crushed rock thermal batteries compare to alternative storage approaches in terms of efficiency, cost-effectiveness, operational lifetime, and environmental impact. Case studies from operating installations offer data on actual performance metrics, cost savings achieved, and lessons learned during implementation and operation.
Policy and regulatory developments affecting thermal energy storage adoption also generate news coverage. Reports discuss how government incentives, carbon pricing mechanisms, and industrial emissions regulations influence project economics and deployment timelines. International coverage reflects the global nature of industrial decarbonization challenges and the geographic distribution of thermal storage opportunities across multiple regions and regulatory environments.
Brenmiller Energy (NASDAQ: BNRG) has announced its strategic decision to forgo a €3.5 million Tranche B commitment from the European Investment Bank (EIB) credit facility, focusing instead on establishing local manufacturing facilities in Europe and the United States.
The company's global project pipeline exceeds $500 million in potential value, with approximately $200 million in potential Heat-as-a-Service projects in Europe and $210 million in the U.S. market. Their Industry 4.0 compliant Dimona facility in Israel, built with €4 million from EIB's Tranche A, manufactures proprietary bCube™ components for bGen™ thermal energy storage systems.
The Dimona gigafactory has reached full automation as of Q1 2025, operating at 1 GWh annual production capacity, with potential to scale to 4 GWh annually, supporting up to $200 million in yearly revenue. The company currently has 100 MWh already in operation or under construction.
Brenmiller Energy (NASDAQ: BNRG), a global leader in thermal energy storage (TES) solutions, has announced an upcoming investor Q&A session scheduled for March 12, 2025, at 11:00 AM ET. The session will be hosted by Chief Operating Officer Nir Brenmiller.
The 30-minute event will feature key highlights of the company's developments and milestones achieved during 2024, followed by an open Q&A session. The interactive format welcomes participation from institutional investors, retail investors, and journalists, offering direct engagement with company leadership.
The Q&A session will be accessible via a provided link and will be live-streamed on Brenmiller's YouTube channel, with recordings available for viewing after the event. This forum presents an opportunity for stakeholders to gain firsthand insights into the company's growth trajectory, competitive positioning, and market opportunities.
Brenmiller Energy (NASDAQ: BNRG) reported its 2024 financial results and significant operational milestones. The company's pipeline of commercial opportunities has grown beyond $500 million in potential value, supported by its gigafactory capable of producing $200 million worth of bGen™ systems annually.
Key developments include: Progress on 30MW+ thermal energy storage projects, including a 32 MWh system for Tempo Beverage expected to save $7.5 million in energy costs; a 30 MWh project in Hungary for Partner in Pet Food; and a $3.55 million agreement with Wolfson Hospital. The company introduced new products: bGen ZTO™ for thermal oil applications and bGen™ Cool for AI data center cooling.
Financial results show cash and equivalents of $4.13 million as of December 31, 2024, a 12% increase in total assets to $11.91 million, and a narrowed net loss of $6.77 million compared to $9.65 million in 2023. Operating loss was $10.56 million, and basic loss per share improved to $1.29 from $4.99 in 2023.
Brenmiller Energy (NASDAQ:BNRG) is positioned to support the European Union's Clean Industrial Deal (CID) with its innovative bGen™ thermal energy storage system. The company has an estimated $440 million project pipeline over the next few years, targeting industrial decarbonization needs.
The bGen™ system stores excess renewable electricity as heat in crushed rock, providing steam, hot air, or direct heat on demand. Key advantages include:
- 30-50% reduction in industrial energy bills
- 30+ years lifespan
- No degradation over time
- No rare-earth minerals required
- Independence from unstable fuel supply chains
The system is currently being implemented across the USA, Israel, Germany, EU, and Hungary, offering an immediate solution for industrial heat applications, which account for over 20% of global emissions. Unlike alternatives such as hydrogen infrastructure or lithium-ion storage, bGen™ requires minimal retrofitting and can be deployed immediately to help meet the EU's clean energy objectives.
Brenmiller Energy (NASDAQ: BNRG) and Baran Energy have signed a strategic cooperation agreement to accelerate bGen™ ZERO thermal energy storage project deployments. Under the agreement, Baran Energy will acquire projects from Brenmiller's existing portfolio, subject to certain conditions.
The collaboration combines Brenmiller's innovative bGen™ technology with Baran's project development capabilities to advance thermal energy storage (TES) projects globally. Baran brings 40 years of engineering experience and financial backing to develop current and future TES projects.
The partnership aims to generate long-term recurring revenues for both companies while reducing greenhouse gas emissions for industrial applications. Brenmiller's current bGen™ project pipeline is valued at over $440 million, representing 103 MWh of bGen™ TES systems in operation and construction worldwide.
Brenmiller Energy (BNRG) is preparing for significant growth in 2025, backed by a commercial pipeline valued at over $440 million for its bGen™ ZERO thermal energy storage (TES) solutions. The company has established strategic partnerships and expanded its market presence, with over 50% of its pipeline originating in Europe.
Key developments include a joint venture with Green Enesys and Viridi through Brenmiller Europe S.L., and notable projects such as a 30 MWh system for Partner in Pet Food Hungaria KFT and a 32 MWh system for Tempo. The company has secured a manufacturing agreement with TUTCO Heating Solutions Group and an exclusive distribution partnership with Rock Energy Storage in North America, where the pipeline has grown from $150M to $210M.
Brenmiller recently introduced bGen ZTO, targeting an $8B market opportunity in industrial thermal oil applications, with commercial availability planned for 2026. The company has already identified eight commercial projects worth approximately $170M for this new technology.
Brenmiller Energy (NASDAQ: BNRG) has begun on-site assembly of its 32 MWh bGen™ ZERO thermal energy storage system at Tempo Beverages' factory in Netanya, Israel. The project, scheduled for completion by end of 2025, marks a significant milestone that triggers the second project payment from Tempo.
The system will replace Tempo's heavy fuel oil boilers as the primary heat source for the beverage processor, which produces Heineken and Pepsi products. The implementation is expected to reduce carbon emissions by 6,200 tons annually and generate cost savings of $7.5 million over 15 years for Tempo.
Brenmiller, with 103 MWh of thermal energy storage systems in operation and construction globally, is overseeing the contractor's work to ensure compliance with safety standards and project timeline requirements.
Brenmiller Energy (Nasdaq: BNRG) announced that its bGen™ ZERO thermal energy storage system has been selected as a finalist in the 2025 Edison Best New Products Awards™ in the Energy Storage and Management category. The selection was made by a global panel of scientists, engineers, designers, and academics.
The winners will be announced at the Edison Awards Gala in Fort Myers, Florida, on April 3, 2025. The Edison Awards, established in 1987, is a prestigious recognition for excellence in product development, marketing, design, and innovation. According to the company, the bGen™ ZERO is one of the most widely deployed thermal energy storage systems of its kind.
Brenmiller Energy (NASDAQ: BNRG) has announced the development of bGen ZERO Thermal Oil™ (bGen ZTO), a revolutionary thermal energy storage system designed to electrify thermal oil for industrial applications. The system, planned for commercial launch in 2026, will expand Brenmiller's addressable market into the $8 billion annual thermal oil heating equipment market, which grows at a 6% CAGR.
The company already has 8 projects worth approximately $170 million in its commercial pipeline. The bGen ZTO system will achieve nearly 100% cycle efficiency through simplified maintenance and indirect oil heating, capable of heating thermal oil up to 340°C. This innovation addresses a critical market need, as currently 95% of thermal oil is powered by fossil fuels in industries such as pharmaceuticals, chemicals, petrochemicals, and food processing.
Brenmiller Energy (Nasdaq: BNRG) announced a key milestone in its 30 MWh thermal energy storage (TES) project in Hungary. Brenmiller Europe, a joint venture with Green Enesys and Viridi RE, established a wholly-owned subsidiary, Bren-Dom-TES Kft, securing land adjacent to Partner in Pet Food Hungaria KFT's (PPF) factory. The 10,000+ square meter plot will host the bGen™ ZERO TES system, replacing PPF’s fossil fuel boilers and reducing gas consumption by 25-30%, thereby lowering energy costs and carbon footprint.
The project includes a 12-year Heat as a Service (HaaS) agreement, providing PPF with electric steam at a fixed price. Brenmiller Europe will also earn additional revenue by offering grid balancing services to the local transmission system operator. The initiative supports PPF’s goal to cut emissions by 42% by 2030.
Chairman and CEO Avi Brenmiller emphasized the significance of local operations in Hungary, enabling timely customer commitments and advancing European clean industry initiatives. Approximately 50% of Brenmiller’s $440 million global pipeline is in Europe, spanning nine industries across eleven countries. The company uses flexible business models, including direct technology sales and HaaS, to lower electrification costs and increase recurring revenues.
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