Brenmiller Energy Marks Construction Milestone for Wolfson Medical Center Clean Heat Project

Rhea-AI Summary

Brenmiller Energy (NASDAQ:BNRG) broke ground on a thermal energy storage (TES) project at Wolfson Medical Center in Holon, Israel. Total investment is approximately $4 million. The TES will replace fossil fuel steam boilers, cut ~3,900 tons CO2 annually and save about $1.5 million per year.

Construction is expected to finish in 2026 with commercial operations anticipated in early 2027; the project is endorsed by the Ministries of Health and Energy.

Positive

• $4 million total project investment
• Estimated emissions reduction of 3,900 tons/year
• Projected annual energy cost savings of $1.5 million
• Construction completion targeted in 2026; commercial ops early 2027
• Endorsements from the Ministry of Health and Ministry of Energy

Negative

• None.

News Market Reaction

-6.58%

6 alerts

-6.58% News Effect

-6.9% Trough in 1 hr 6 min

-$77K Valuation Impact

$1M Market Cap

0.1x Rel. Volume

On the day this news was published, BNRG declined 6.58%, reflecting a notable negative market reaction. Argus tracked a trough of -6.9% from its starting point during tracking. Our momentum scanner triggered 6 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $77K from the company's valuation, bringing the market cap to $1M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Project investment: $4 million Emissions reduction: 3,900 tons per year Vehicle emissions equivalent: 1,000 passenger vehicles +3 more

6 metrics

Project investment $4 million Total investment in Wolfson Medical Center TES project

Emissions reduction 3,900 tons per year Annual carbon emissions reduction expected from TES system

Vehicle emissions equivalent 1,000 passenger vehicles Annual emissions equivalent referenced for TES project impact

Energy cost savings $1.5 million per year Expected annual energy cost savings for Wolfson Medical Center

Construction completion 2026 TES system construction anticipated completion year

Commercial operations 2027 Commercial operations for TES project anticipated in early 2027

Market Reality Check

Price: $1.42 Vol: Volume 133,786 is well be...

low vol

$1.42 Last Close

Volume Volume 133,786 is well below the 20-day average of 918,173, suggesting limited pre-news positioning. low

Technical Shares at $1.52 are trading below the 200-day MA of $12.71 and sit close to the 52-week low of $1.48, far from the $60.55 52-week high.

Peers on Argus

Sector peers show mixed action: SUUN appeared on the momentum scanner up about 6...

1 Up

Sector peers show mixed action: SUUN appeared on the momentum scanner up about 6.33%, while BNRG was flat pre-news, indicating today’s announcement looks stock-specific rather than part of a broad Utilities - Renewable move.

Historical Context

5 past events · Latest: Feb 11 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 11	Product launch	Positive	-25.1%	Introduced modular bGen ONE TES system to lower installed costs.
Feb 04	Project update	Positive	-16.7%	Completed electrical works at Tempo Beverages TES project.
Jan 22	Strategic launch	Positive	+6.3%	Launched BNRG360 integrated clean heat and power platform.
Jan 21	Reverse split	Negative	-3.2%	Announced 7-for-1 reverse share split of ordinary shares.
Jan 09	Award recognition	Positive	-2.4%	CEO received Merage DeserTech Industry Leader Award.

Pattern Detected

Recent positive operational updates have often been followed by negative price reactions, while strategic platform launches and the reverse split aligned with price direction.

Recent Company History

Over the past months, Brenmiller reported several operational and strategic milestones. On Jan 22, 2026, it launched the BNRG360 integrated clean heat and power platform, which saw a +6.3% price reaction. Earlier updates on the Tempo project (Feb 4, 2026) and the bGen ONE™ launch (Feb 11, 2026) were followed by declines of ‑16.67% and ‑25.15%, respectively. A 7‑for‑1 reverse split announced on Jan 21, 2026 and an industry award on Jan 9, 2026 also prompted modest negative moves. Today’s Wolfson Medical Center project fits the pattern of execution-focused TES deployments.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2025-11-05

An active Form F-3/A shelf dated Nov 5, 2025 registers up to 6,643,356 ordinary shares for resale by a selling shareholder via conversions of preferred shares and warrant exercises. The company itself is not selling securities under this prospectus and would only receive cash upon conversions at $2.288 per share or warrant exercises at $2.40 per share.

Market Pulse Summary

The stock moved -6.6% in the session following this news. A negative reaction despite the Wolfson Me...

Analysis

The stock moved -6.6% in the session following this news. A negative reaction despite the Wolfson Medical Center project could fit Brenmiller’s recent pattern, where positive operational updates on TES deployments preceded price declines of ‑16.67% and ‑25.15%. The market may focus on capital needs and existing resale registrations even as the $4 million project targets 3,900 tons of annual emissions reduction and about $1.5 million in yearly energy savings.

Key Terms

thermal energy storage

1 terms

thermal energy storage technical

"a global provider of thermal energy storage ("TES") solutions for industrial"

Thermal energy storage is a technology that captures heat or cold so it can be used later, like a rechargeable battery that holds temperature instead of electricity. It matters to investors because it can lower energy costs, improve reliability for buildings and power plants, enable more use of renewable power, and create new revenue streams or cost savings for projects and companies involved in energy infrastructure.

AI-generated analysis. Not financial advice.

HOLON, ISRAEL / ACCESS Newswire / February 17, 2026 / Brenmiller Energy (NASDAQ:BNRG) ("Brenmiller", "Brenmiller Energy" or the "Company"), a global provider of thermal energy storage ("TES") solutions for industrial and institutional decarbonization, today announced the groundbreaking of its TES project during a ceremony held at the Wolfson Medical Center ("Wolfson") campus in Holon, Israel.

The project, developed by Brenmiller Energy in collaboration with Baran Energy, a subsidiary of the Baran Group Ltd. ("Baran"), represents a major step toward reducing emissions from hospital operations while lowering long term energy costs. Total investment in the project is approximately $4 million.

The TES system will replace existing fossil fuel powered steam boilers with an electricity-based TES system, supplying the hospital with clean steam for its ongoing medical and operational needs. The initiative is anticipated to reduce carbon emissions by approximately 3,900 tons per year, equivalent to the annual emissions of roughly 1,000 passenger vehicles, while generating annual energy cost savings of approximately $1.5 million.

Construction of the TES system is anticipated to be completed during 2026, with commercial operations anticipated in early 2027. The project was endorsed by the Ministry of Health and the Ministry of Energy.

"The project is anticipated to significantly reduce, and over time potentially eliminate, fuel consumption at Wolfson hospital, lowering emissions while delivering meaningful energy savings," said Gadi Davidovich, Chief Engineer of Wolfson Medical Center.

"We are providing Wolfson with a clean and reliable thermal energy source at a lower cost than existing systems, demonstrating that TES can operate at meaningful scale and deliver measurable value," said Avi Brenmiller, Chairman and Chief Executive Officer of Brenmiller Energy.

The ceremony was attended by hospital leadership, representatives of the Ministry of Health, Ministry of Energy, Ministry of Finance, the Israel Innovation Authority, Brenmiller Energy, Baran Energy, and additional invited guests.

About the Wolfson Medical Center Thermal Energy Storage Project

The project consists of a 12 MWh bGen^™ TES system integrated into Wolfson's existing steam infrastructure, charging from the electric grid during off peak hours and delivers process heat and steam on demand, 24/7. The system is expected to generate approximately $1.5 million in annual energy cost savings and reduce carbon emissions by around 3,900 tons of CO₂ equivalent per year, reflecting a reduction of over 90% in local GHG emissions.

The project is delivered under an Energy-as-a-Service (ESCO) model.

About Brenmiller Energy

Brenmiller Energy (NASDAQ:BNRG) provides TES solutions that enable industrial and utility customers to decarbonize heat, improve energy flexibility, and integrate renewable electricity. The Company's bGen^™ systems convert electricity into dispatchable industrial heat, supporting electrification and emissions reduction across a range of applications.

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: that construction of the TES system is expected to be completed in 2026; that commercial operations are anticipated in early 2027; that the project is expected to reduce emissions; that the project is expected to generate $1.5M in annual savings; that the system will replace fossil fuel boilers; that the system will reduce GHG emissions by over 90%; and that TES can operate at commercial scale. 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

View the original press release on ACCESS Newswire

FAQ

What did Brenmiller Energy (BNRG) announce about the Wolfson Medical Center project on February 17, 2026?

Brenmiller announced groundbreaking of a TES project at Wolfson Medical Center with a roughly $4 million investment. According to the company, the system will replace fossil-fuel steam boilers, aiming to cut emissions and lower energy costs for hospital operations beginning commercial service in early 2027.

How much CO2 reduction does Brenmiller expect from the Wolfson (BNRG) TES project?

The project is expected to reduce about 3,900 tons of CO2 per year. According to the company, that reduction is roughly equivalent to emissions from 1,000 passenger vehicles and supports the hospital's decarbonization goals while cutting fuel use.

What are the projected cost savings from Brenmiller's Wolfson TES project (BNRG)?

Brenmiller projects approximately $1.5 million in annual energy cost savings from the Wolfson TES installation. According to the company, savings come from replacing fossil fuel steam boilers with an electricity-based TES supplying clean steam to hospital operations.

When will construction and commercial operations occur for Brenmiller's Wolfson project (BNRG)?

Construction is expected to be completed during 2026, with commercial operations anticipated in early 2027. According to the company, that timeline reflects project milestones and coordination with hospital operations and government stakeholders.

Who are the partners and endorsers for the Wolfson TES project announced by Brenmiller Energy (BNRG)?

The project is developed with Baran Energy, a Baran Group subsidiary, and attended by government bodies. According to the company, the initiative was endorsed by the Ministry of Health and the Ministry of Energy, plus support from the Ministry of Finance and Israel Innovation Authority.