Welcome to our dedicated page for Brenmiller Energy Ordinary Shares news (Ticker: $BNRG), a resource for investors and traders seeking the latest updates and insights on Brenmiller Energy Ordinary Shares stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Brenmiller Energy Ordinary Shares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Brenmiller Energy Ordinary Shares's position in the market.
News
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
-
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
-
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
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
-
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
-
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
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
-
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
-
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
Rhea-AI Summary
Brenmiller receives final approval to supply Wolfson Hospital with electric process heat, potentially reducing energy costs by up to $1.3 million annually and lowering carbon footprint by 3,900 tons per year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.01%
Tags
Brenmiller Energy Ltd Ordinary Shares
Nasdaq:BNRG
BNRG Rankings
BNRG Stock Data
5.27M
749.15k
59.29%
15.23%
0.14%
Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing
Manufacturing
United States of America
Rosh Haayin