Brenmiller Energy (BNRG) Stock News

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.

Brenmiller Energy's (NASDAQ:BNRG) CBO Doron Brenmiller discusses the critical role of thermal energy storage (TES) in nuclear power's resurgence. The article highlights how European countries like Denmark, Germany, and Spain are reconsidering nuclear energy, while the U.S. is accelerating nuclear infrastructure development through executive orders. Brenmiller emphasizes that their bGen™ technology addresses nuclear power's flexibility limitations by enabling energy storage and on-demand dispatch. The company has demonstrated success through partnerships with major players like ENEL, Tempo Beverage, and Entelios. A notable achievement includes securing €7 million for their bGen™ system in the €25 million SolWinHy Cádiz project. With over $40 million in deployable infrastructure, Brenmiller Energy positions itself as a key enabler in combining nuclear and renewable energy solutions.

Brenmiller Energy (NASDAQ:BNRG) announced that the European Hydrogen Bank has granted €25 million in funding to the SolWinHy Project in Spain, with €7 million allocated for Brenmiller's bGen™ thermal energy storage system. The project, set to begin in Q1 2026, will produce 30,000 tons of green e-methanol annually using 6,500 tons of green hydrogen.

The SolWinHy Project will operate off-grid, powered by 54 MWh of wind and 130 MWp of photovoltaic electricity production. Brenmiller's bGen™ system will provide 56 MWh of clean heat storage capacity. This project is part of Brenmiller Europe's $200 million pipeline of commercial opportunities advancing toward funding and implementation.