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 (BNRG) drives innovation in thermal energy storage, providing industrial decarbonization solutions through its proprietary bGen™ technology. This page aggregates official company announcements, offering stakeholders a centralized hub for tracking milestones in sustainable energy innovation.
Access real-time updates on strategic partnerships, product developments, and operational achievements shaping Brenmiller’s role in the clean energy transition. Investors will find earnings reports, regulatory filings, and project deployment announcements essential for evaluating the company’s market position.
Key coverage areas include technology advancements, industry collaborations, and sustainability initiatives. All content is sourced directly from Brenmiller’s communications to ensure accuracy and timeliness.
Bookmark this page for streamlined access to critical updates about BNRG’s contributions to renewable energy integration and industrial electrification. Check regularly for insights into how thermal storage solutions address global decarbonization challenges.
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.
Brenmiller Energy (Nasdaq: BNRG) announced a key milestone in its 30 MWh thermal energy storage (TES) project in Hungary. Brenmiller Europe, a joint venture with Green Enesys and Viridi RE, established a wholly-owned subsidiary, Bren-Dom-TES Kft, securing land adjacent to Partner in Pet Food Hungaria KFT's (PPF) factory. The 10,000+ square meter plot will host the bGen™ ZERO TES system, replacing PPF’s fossil fuel boilers and reducing gas consumption by 25-30%, thereby lowering energy costs and carbon footprint.
The project includes a 12-year Heat as a Service (HaaS) agreement, providing PPF with electric steam at a fixed price. Brenmiller Europe will also earn additional revenue by offering grid balancing services to the local transmission system operator. The initiative supports PPF’s goal to cut emissions by 42% by 2030.
Chairman and CEO Avi Brenmiller emphasized the significance of local operations in Hungary, enabling timely customer commitments and advancing European clean industry initiatives. Approximately 50% of Brenmiller’s $440 million global pipeline is in Europe, spanning nine industries across eleven countries. The company uses flexible business models, including direct technology sales and HaaS, to lower electrification costs and increase recurring revenues.
Brenmiller Energy (Nasdaq: BNRG), a global provider of thermal energy storage solutions, has announced regaining compliance with Nasdaq's minimum bid price requirement. The company received official notice from Nasdaq confirming that it has met the listing rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share.
The compliance was achieved after Brenmiller's ordinary shares maintained a closing bid price at or above $1.00 for 10 consecutive business days. With this achievement, Nasdaq has closed the prior bid price deficiency matter.
Brenmiller Energy (Nasdaq: BNRG) reports significant growth in its U.S. commercial pipeline, which has increased from $150 million to over $210 million in potential projects. This growth comes through collaboration with Rock Energy Storage (ROCK), their exclusive distribution partner in the Northeast U.S.
The companies are working together to secure grant project financing for bGen™ ZERO thermal energy storage (TES) systems, with funding rounds expected to open in 2025. ROCK is currently advancing dozens of potential bGen™ projects, targeting end-users including utilities, industrials, hospitals, universities, and municipalities.
The announcement comes amid strong growth in U.S. energy storage deployments, which increased 80% between Q3 2023 and Q3 2024. According to McKinsey and the Long Duration Energy Storage Council, TES technology could double Long-Duration Energy Storage capacity potential by 2040.
Brenmiller Energy (NASDAQ: BNRG) provides a comprehensive overview of its 2024 achievements and 2025 outlook in the thermal energy storage (TES) market. The company operates a TES gigafactory capable of producing up to 4 GWh of bGen™ systems valued at up to $200 million and is developing 7 projects globally with a $440 million commercial pipeline across 12 industries in 13 countries.
Key developments include forming Brenmiller Europe S.L., a joint venture with Green Enesys and Viridi, and securing significant projects including: a 12-year Heat as a Service agreement with PPF for a 30 MWh bGen™ ZERO system, a partnership with Tempo for a 32 MWh system expected to save $7.5 million over 15 years, and a $3.55 million project with Wolfson Hospital for a 12 MWh system. The company also announced a collaboration with TUTCO Heating Solutions Group to strengthen manufacturing capabilities.
Brenmiller Energy (NASDAQ: BNRG) announces progress on its flagship thermal energy storage project for Tempo Beverages. The company has completed manufacturing of its bGen™ components and selected a local contractor for implementation. The 32 MWh system, scheduled for on-site assembly in mid-January 2025, will replace Tempo's fossil fuel boilers.
The project aims to convert Tempo's heat source from heavy fuel oil to electricity, with projected benefits including annual carbon emission reduction of 6,200 tons and estimated cost savings of $7.5 million over 15 years. Tempo, partially owned by Heineken International B.V., is a major beverage producer and distributor in Israel for brands including Heineken and Pepsi.
Brenmiller Energy (Nasdaq: BNRG) announced that its bGen™ ZERO thermal energy storage solution has been selected for a clean energy project by REBI in Spain. The 1.4 MWh project will be delivered through Brenmiller Europe S.L., a new joint venture between Brenmiller Energy, Viridi, and Green Enesys.
The project, supported by a NextGenerationEU grant through IDAE, will feature bGen™ ZERO configured with 1.4 MWh of charging capacity, 10 MWh of storage, and 33 hours of continuous discharge. The system will store and deliver renewable energy for industrial steam to REBI's customer, contributing to increased energy efficiency and reduced carbon emissions.
Brenmiller Energy (NASDAQ: BNRG) has announced key leadership appointments for its Spain-based joint venture, Brenmiller Europe S.L. Emilio Lopez, a renewable energy executive with over 25 years of experience, has been appointed as Chairman. The joint venture, established in September 2024, also includes Dr. José Luis Morán as Managing Director, who simultaneously serves as Director of Integrated Energy Solutions for Green Enesys and Viridi.
The joint venture aims to accelerate the commercial rollout of bGen™ thermal energy storage technology across Europe, leveraging favorable regulatory conditions, project financing, and clean energy cost-benefits. Lopez brings extensive expertise in renewable energy and energy efficiency sectors, while Morán contributes over 30 years of leadership experience in energy and industrial sectors.
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