Brenmiller Energy Ltd Stock Price, News & Analysis

Brenmiller Energy (NASDAQ:BNRG) announced the development of a modified version of its bGen™ thermal energy storage system specifically engineered for Small Modular Reactors (SMRs). The adaptation aims to solve key challenges in nuclear energy by acting as a thermal buffer between generation and consumption.

The company highlights that the SMR market is projected to grow at 30% CAGR to $72 billion by 2033. The modified bGen™ system is designed to enable flexible heat dispatch, improve safety through thermal buffering, and enhance the economic viability of nuclear operations through Energy-as-a-Service (EaaS) models.

The technology builds on Brenmiller's existing commercial deployments across four countries, including a successful installation with Enel for combined heat and power operations.

Brenmiller Energy (NASDAQ:BNRG), a thermal energy storage (TES) solutions provider, has published its 2024 ESG Report highlighting significant operational and sustainability achievements. The company has successfully transitioned from pilot-scale to commercial operations, establishing key partnerships with Tempo Beverages, Wolfson Hospital, and Partner in Pet Food Hungaria KFT.

Notable achievements include the operationalization of the world's first TES gigafactory with 4 GWh annual production capacity, expansion into Europe through Brenmiller Europe S.L., and comprehensive ESG initiatives. The company has implemented full Scope 1 and 2 emissions tracking, with Scope 3 tracking expected by end of 2025. The gigafactory's operations at full capacity are estimated to result in 38,000 tons of CO₂e emissions annually.

Brenmiller Energy (NASDAQ:BNRG) announced the development of a new version of its bGen™ Thermal Energy Storage (TES) platform specifically designed for nuclear small modular reactors (SMRs). The company's technology aims to address SMRs' flexibility limitations in meeting dynamic grid demands.

The announcement builds on Brenmiller's successful implementation with Enel in Italy, which serves as a proof of concept for the technology's scalability. The bGen™ system features passive heat absorption, load following, and decay heat removal capabilities, making it particularly suitable for SMR integration.

The initiative comes amid growing global support for nuclear power, including a $900 million U.S. Department of Energy solicitation for SMRs, the World Bank's reversal of its nuclear funding ban, and increasing European adoption of nuclear energy solutions.

Brenmiller Energy (Nasdaq:BNRG) has signed a non-binding Memorandum of Understanding (MOU) with a major Japanese corporation to deploy sustainable heating solutions in Japan. The collaboration aims to explore commercial opportunities for Brenmiller's Thermal Energy Storage (TES) technology, focusing on replacing fossil-fuel-based boilers with zero-emission systems.

The Japanese partner, based in Yokohama, will leverage its expertise in project development and energy transition to identify and develop TES implementation opportunities across Japan. The initiative includes both direct sales of TES equipment and Heat-as-a-Service (HaaS) models for industrial and utility-scale applications.

Brenmiller Energy (NASDAQ:BNRG) has appointed Boaz Toshav as an Independent Director to its Board, effective immediately. Toshav, who previously served on the Board from June 2023 to August 2024, brings over 20 years of experience in investment banking and M&A advisory services. He currently serves as President and Chairman of Rio Ave FC and CEO of Umbrella Advisors Ltd. Toshav replaces Nava Swersky Sofer, who completed her six-year term. The appointment comes amid significant company developments, including the SolWinHy Project in Spain receiving €25 million in funding from the European Hydrogen Bank, with Brenmiller's expected revenue from supplying the bGen™ TES system estimated at €7 million. The company continues to expand its presence in thermal energy storage solutions for industrial and utility customers across Europe, Israel, and the United States.

Brenmiller Energy (NASDAQ:BNRG), a thermal energy storage solutions provider, announced the implementation of a reverse share split to maintain shareholder value. CEO Avi Brenmiller emphasized that while the split affects the number of shares, it doesn't impact ownership percentages. The company highlights significant achievements including $118 million in investments, over 100 MWh of commissioned projects, a $500 million commercial pipeline, and 4GWh manufacturing capacity. With ongoing projects like Tempo Beverages in Israel and SolWinHy in Spain, Brenmiller aims to demonstrate value through near-term commercial deployment milestones and strategic collaborations.

Brenmiller Energy (NASDAQ:BNRG), a global provider of Thermal Energy Storage solutions, announced a 5-for-1 reverse share split effective after market close on June 18, 2025. Trading of the post-split shares will commence on June 20, 2025, under the existing BNRG symbol. The reverse split, approved by shareholders on December 5, 2024, will reduce outstanding shares from 13,629,259 to 2,725,852. The company's authorized share capital will remain unchanged at 150,000,000 ordinary shares. Fractional shares will be rounded to the nearest whole share, with shareholders holding fractional consolidated shares of more than half receiving one consolidated share.

Brenmiller Energy (BNRG) discusses Meta's recent 20-year power purchase agreement for 1.1 gigawatts from Constellation's Clinton Clean Energy Center, highlighting the growing intersection of Big Tech and nuclear energy. The company emphasizes that while nuclear power provides stable baseload generation, it requires thermal storage solutions like their bGen™ technology to meet modern dynamic energy demands, especially for AI workloads. With AI-driven electricity demand projected to reach 400 terawatt-hours annually in the U.S. by 2030, Brenmiller positions its thermal storage technology as crucial infrastructure to make nuclear power more flexible and adaptable. The company's bGen™ systems are already deployed across Europe, Israel, and the United States, supporting decarbonization efforts and balancing renewable energy sources.

Brenmiller Energy (BNRG) CEO Avi Brenmiller provided a comprehensive update on key company developments. The European Hydrogen Bank granted €25 million to the SolWinHy Project in Spain, where Brenmiller expects to supply its bGen™ TES system for approximately €7 million. The company is preparing for a milestone with Tempo Beverages in July 2025, demonstrating behind-the-meter energy savings. Brenmiller sees significant opportunity in the nuclear energy sector, particularly with the growing demand from AI and data centers, citing Meta's recent 1.1 gigawatt nuclear power purchase agreement with Constellation Energy. The company is optimizing operations, reducing costs across subsidiaries, and exploring licensing opportunities with its IP portfolio while positioning its thermal storage technology as a solution for nuclear power flexibility and grid responsiveness.