STOCK TITAN

Brenmiller Energy Ltd - BNRG STOCK NEWS

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.

Overview of Brenmiller Energy Ltd

Brenmiller Energy Ltd is a technology company at the cutting edge of thermal energy storage solutions, specializing in the development, production, marketing, and sale of its proprietary bGen™ system. By converting excess renewable energy into storable heat, the company provides a robust platform that supports industrial electrification and decarbonization. This innovative approach not only offers an alternative to conventional fossil-fuel-based heating systems but also facilitates more efficient integration of renewable energy resources into industrial applications.

Technology and Operational Excellence

The cornerstone of Brenmiller Energy’s portfolio is its bGen™ thermal energy storage system, which transforms surplus electricity—whether generated from solar, wind, or off-peak grid power—into thermal energy that can be later discharged as steam, hot air, or direct heat. This process is achieved by storing energy in crushed rock, ensuring long-term reliability and stability. Unlike conventional storage methods, the bGen™ system is engineered to avoid degradation over time, completely sidestepping the issues related to rare-earth mineral dependency and volatility in fuel supply chains.

Industrial Integration and Market Application

Brenmiller Energy’s technology addresses critical demands within various industrial sectors including manufacturing, steel production, cement, chemicals, and textiles. In these applications, consistent and high-temperature energy is required, and conventional renewable energy sources like solar and wind often fall short due to their intermittent nature. The company’s solution offers a direct method to bridge this gap, effectively decarbonizing industrial heat processes while also stabilizing energy costs. The ability to store thermal energy during periods of low demand and retrieve it during peak usage makes the bGen™ system a key asset for industries striving to reduce greenhouse gas emissions without compromising operational continuity.

Competitive Position and Industry Impact

Within the fast-evolving landscape of renewable energy and energy storage, Brenmiller Energy distinguishes itself by addressing several fundamental industry challenges. Unlike lithium-ion batteries that can be cost-prohibitive and suffer from degradation, or hydrogen systems that require extensive infrastructure investments, the company’s approach delivers an immediately deployable, cost-effective, and long-lasting solution. By eliminating dependency on imported fuels and reducing the volatility associated with traditional energy supplies, Brenmiller Energy reinforces its value proposition for industrial stakeholders and contributes significantly to decarbonization efforts.

Operational Advantages and Industry Relevance

  • High Durability: The bGen™ system offers superior longevity, designed to operate efficiently for decades without notable performance decay.
  • Cost Efficiency: By leveraging off-peak renewable energy and converting it into storable heat, the system effectively reduces operational expenses linked to traditional energy sources.
  • True Decarbonization: The technology supports a tangible reduction in carbon emissions in sectors that traditionally depend on fossil fuels for industrial heat.
  • Scalability: The system’s modular design allows for integration across a range of industrial applications, making it a versatile asset in the current energy transition landscape.

Conclusion

Brenmiller Energy Ltd occupies a strategic niche in the industrial energy sector by providing a practical and immediately applicable solution for thermal energy storage. Its commitment to innovation and operational excellence is evident in the robust performance and scalability of its bGen™ system, which aligns perfectly with the global momentum towards decarbonization and increased renewable energy integration. This technology not only promises to stabilize energy supplies and costs for industrial operations, but also plays a pivotal role in reducing reliance on fossil fuels, thereby underscoring its relevance and authority in the clean energy transition.

Rhea-AI Summary
Brenmiller Energy Ltd. (BNRG) has received a written notice from Nasdaq that it has regained compliance with the minimum bid price requirement for continued listing. The company provides Thermal Energy Storage systems to global industrial and utility markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.67%
Tags
none
-
Rhea-AI Summary
Brenmiller Energy Ltd. (Nasdaq: BNRG) successfully completes commissioning of a bGen thermal storage-based co-generation station at State University of New York (SUNY) in partnership with the New York Power Authority. The project is estimated to eliminate approximately 550 metric tons of greenhouse gas emissions per year. The bGen charges using both exhaust gas and electricity and has the potential for broader adoption in New York and across the U.S. The global market for thermal energy storage is predicted to reach over $2 trillion by 2040.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.34%
Tags
none
-
Rhea-AI Summary
Brenmiller Energy Ltd. (BNRG) signs non-binding MOU with SolWinHy Cádiz S.L, a special purpose company, jointly owned by Green Enesys Group and Viridi RE, to develop new-build hydrogen and e-methanol projects. The SolWinHy Project aims to contribute to the decarbonization of the European Union’s industrial, power generation, and transportation sectors by producing over 29,000 tons of green e-methanol per year and will incorporate 54 MW of wind and 165 MWp of photovoltaic electricity production exclusively from renewable energy. The project is expected to integrate bGen thermal energy storage capabilities with a capacity of at least 55 MWh. The final investment decision for the project is expected by the third quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.02%
Tags
none
Rhea-AI Summary
Brenmiller Energy Ltd. (BNRG) announced a 1-for-10 reverse share split of its issued and outstanding ordinary shares, along with an increase in its authorized share capital by 100,000,000 Ordinary Shares. The reverse split will be implemented after market close on December 1, 2023, and the ordinary shares will begin trading on the Nasdaq Capital Market on a post-split basis at the market open on December 4, 2023. The changes have been reflected in the Company’s amended articles of association as approved by the Board of Directors and shareholders at the Special General Meeting of Shareholders held on November 13, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.84%
Tags
none
-
Rhea-AI Summary
Brenmiller Energy Ltd. (Nasdaq: BNRG) issued a letter to shareholders from CEO Avi Brenmiller, emphasizing the importance of renewable energy and thermal energy storage (TES) solutions in the current geopolitical climate. The World Bank's forecast of oil prices exceeding $150 per barrel due to conflicts in the Middle East underscores the need for renewable energy. Brenmiller sees a parallel with the 1970s oil crisis, which led to a global shift towards alternative energy sources. They believe that thermal energy storage is key to achieving true energy independence and sustainability, as it enables 24/7 carbon-free energy and grid stability. Brenmiller is committed to using innovation to build a prosperous and sustainable energy future for communities worldwide, with proven and environmentally sound technology. The company remains steadfast in its mission and value creation, with ongoing projects to replace fossil fuel-powered boilers and a commitment to reducing emissions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.39%
Tags
none
-
Rhea-AI Summary
Brenmiller Energy's bGen technology has been named one of TIME's Best Inventions of 2023. The thermal energy storage system replaces fossil fuel boilers and converts electricity into heat at a competitive price. It supports the development of utility-scale renewables and has opened the world's first thermal battery gigafactory.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.45%
Tags
none
News
Rhea-AI Summary
Brenmiller Energy publishes annual ESG report, highlighting commitment to sustainable thermal energy storage solutions
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.5%
Tags
none
-
Rhea-AI Summary
Brenmiller Energy signs contract with Tempo Beverages to replace heavy fuel oil boilers with bGen ZERO system
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
Tags
partnership
-
Rhea-AI Summary
Brenmiller Energy's bGen TES system shortlisted for Energy Storage Awards in two categories.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
Tags
none
News
Rhea-AI Summary
Brenmiller Energy expects a production plant with a capacity of up to 4 GWh to be operational by year-end 2023, supporting up to $200 million in orders per year by 2024. The company has launched bGen ZERO, its new flagship product, which offers considerable improvements and aims to replace fossil fuel boilers for power. Brenmiller has signed a term sheet to form a joint venture with Green Enesys Group and Viridi, and is in advanced discussions for 9 joint projects totaling 2 GWh of TES capacity. The company has entered the renewable energy market in India and inaugurated the largest TES system production plant in the world in Dimona, Israel. The company expects quick market traction for its focus on delivering electric process steam to industrial customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.94%
Tags
none

FAQ

What is the current stock price of Brenmiller Energy (BNRG)?

The current stock price of Brenmiller Energy (BNRG) is $1.24 as of March 7, 2025.

What is the market cap of Brenmiller Energy (BNRG)?

The market cap of Brenmiller Energy (BNRG) is approximately 9.4M.

What is Brenmiller Energy Ltd's primary business focus?

Brenmiller Energy specializes in thermal energy storage technology, developing and marketing its proprietary bGen™ system to enable industrial electrification and decarbonization.

How does the bGen™ thermal energy storage system work?

The bGen™ system converts excess renewable electricity into stored heat by using crushed rock as the storage medium, which can then be discharged as steam, hot air, or direct heat when required.

Which industries can benefit from Brenmiller Energy's technology?

Industries such as manufacturing, steel production, cement, chemicals, and textiles can benefit significantly, as the technology provides reliable high-temperature energy necessary for industrial processes.

What makes Brenmiller Energy's solution different from traditional energy storage methods?

Unlike lithium-ion batteries or hydrogen-based systems, Brenmiller's bGen™ system avoids degradation over time, does not depend on rare-earth minerals, and offers a cost-effective, immediately deployable solution for industrial heat applications.

How does thermal energy storage contribute to industrial decarbonization?

By storing renewable energy as heat during off-peak periods and discharging it during peak demand, thermal energy storage reduces reliance on fossil fuels, stabilizes energy costs, and significantly lowers carbon emissions in heat-intensive industries.

What role does renewable energy integration play in Brenmiller Energy’s approach?

The company’s technology facilitates the efficient use of renewable energy by converting intermittent power into a reliable, storable form, thereby enabling continuous industrial operations and reinforcing the shift towards greener energy sources.
Brenmiller Energy Ltd

Nasdaq:BNRG

BNRG Rankings

BNRG Stock Data

9.39M
4.24M
39.87%
1.51%
1.32%
Utilities - Renewable
Utilities
Link
Israel
Rosh Haayin