Welcome to our dedicated page for Brenmiller Energy news (Ticker: BNRG), a resource for investors and traders seeking the latest updates and insights on Brenmiller Energy stock.
Brenmiller Energy Ltd. develops thermal energy storage and integrated clean heat-and-power solutions for industrial and utility customers. Its patented bGen thermal battery stores high-temperature heat in crushed rock and can deliver steam or hot air on demand, supporting electrification of industrial heat and renewable-energy integration.
Recurring company news covers commercial deployment of bGen systems, including the Tempo boiler-replacement project, first TES revenue recognition, the BNRG360 strategy for bundled power and heat services, AI-enabled energy optimization, distributor and technology collaborations, financing activity, shareholder approvals and ordinary-share capital actions.
DarioHealth Corp. (NASDAQ: DRIO) announced a significant leadership transition as CFO Zvi Ben-David will retire effective May 15, 2025. Chen Franco-Yehuda has been appointed as the new Chief Financial Officer, Treasurer, and Secretary.
Ben-David will remain with the company through June 2025 and continue in an advisory role thereafter. Franco-Yehuda joins Dario with extensive experience in healthcare and life sciences, most recently serving as CFO at Pluri Inc. Her achievements include securing capital through public and private fundraising, executing non-dilutive funding agreements, and driving M&A activity. She was awarded the Israeli CFO Excellence Award in January 2025.
Under Ben-David's tenure, DarioHealth transformed from a single-condition solution provider into a comprehensive multi-condition digital health platform, expanding across diabetes, hypertension, mental health, weight management, and musculoskeletal care.
Brenmiller Energy (NASDAQ: BNRG) has achieved a significant milestone as its bGen™ ZERO thermal energy storage system won the gold Edison Award in the Energy Storage and Management category at the 2025 Edison Awards Gala in Fort Meyers, Florida.
The Edison Awards, established in 1987, is one of the most prestigious accolades recognizing excellence in innovation, product development, and design. The award selection involved review by the Edison Awards' Steering Committee and over 3,000 senior executives and academics.
The bGen™ technology converts electricity into heat for industrial processes, offering a cost-competitive alternative to natural gas while supporting utility-scale renewables through grid-balancing capabilities. The system has garnered multiple recognitions, including TIME Magazine's Best Inventions of 2023, Bloomberg New Energy Finance's 2024 Pioneers program finalist status, the European Commission's Seal of Excellence, and European Investment Bank's Innovation Champion designation.
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) 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.