Latest news with #BrenmillerEnergy
Miami Herald
a day ago
- Business
- Miami Herald
VIEWPOINT: Big Tech Just Saved Nuclear -Now It Needs Thermal Storage to Work
This is the second installment in Brenmiller Energy's "Viewpoint" Series, which explores the infrastructure, innovation, and storage technologies needed to build a resilient, low-carbon energy future. TEL AVIV, ISRAEL / ACCESS Newswire / June 9, 2025 / The recent announcement that Meta signed a 20-year power purchase agreement to purchase roughly 1.1 gigawatts of energy from Constellation's Clinton Clean Energy Center in Illinois, the entire output from the site's one nuclear reactor, is being celebrated as a nuclear renaissance milestone. We see it as a catalyst. The deal not only saved a vital zero-emissions plant from potential closure but also signaled a new era of private-sector alignment with long-term energy planning. It also confirmed something we at Brenmiller Energy have been saying for years: clean energy generation alone is not enough. In an increasingly complex and electrified world driven by AI workloads and 24/7 compute demands, flexibility and system management-not just sufficient energy generation-are the constraints. That's especially true for nuclear energy. Nuclear energy delivers unmatched baseload stability; however, it was never built to handle dynamic, real-time load profiles created by today's technology-dependent world. That's the challenge Big Tech is now facing. It's also where thermal energy storage, including our bGen™ technology, can play a supporting role. Nuclear Wasn't Designed for What's Already Here Traditional nuclear reactors were optimized to run at full capacity, continuously. That model made sense in a 20th-century grid-when baseload demand was steady, and flexibility wasn't mission-critical. But today's energy reality looks very different: Hyperscale data centers operate in real-time energy demand cycles that can vary not just hourly, but minute to are electrifying industrial heat. Not only to reduce carbon emissions but to de-risk cost visibility associated with natural gas and fossil energy mix includes variable renewables (such as wind and solar) that require precise grid-managing balance. Without it, major power outages similar to what happened in the Iberian Peninsula could become more are building off-grid and island-mode projects that need local dispatch control. In this new energy landscape, nuclear power, despite its significant contributions, cannot deliver what is required on its own. Not because it lacks the power-generating strength but because it lacks proper management. That reality isn't going unnoticed. Deals like the latest one above prove that for nuclear power to be a truly viable solution to soaring energy demands, it needs a partner. Pairing it with proven thermal storage infrastructure-such as Brenmiller's bGen™ platform-can be an ideal solution, as it converts baseload into dispatchable power 24/7/365, enabling nuclear power to meet peak demand, fills volatility gaps, and integrates into modern, decentralized grids. Big Tech Understands the Stakes Meta's deal is not an isolated case. Google, Amazon, and Microsoft have all publicly committed to supporting the expansion of nuclear energy. Why? Because AI is rewriting the global energy equation. According to multiple utility forecasts, electricity demand from AI could exceed 400 terawatt-hours annually in the U.S. alone by 2030. These workloads are not just large-they're persistent and intolerant of downtime. The energy stack that supports them can't rely on hope, incentives, or balancing acts between wind and solar. It needs firm, clean, flexible, and managed power-a profile no single-generation source can satisfy on its own. This shortcoming is putting thermal energy storage in the spotlight for all the right reasons. And from our visionary approach to energy storage, Brenmiller Energy is uniquely positioned to capitalize. Once thought of as a niche focus is now a headline need. As important to the energy community, we're past the conceptual stages. Thermal Storage as the Nuclear Enabler At Brenmiller Energy, we've already proven that our thermal energy storage technology works at an industrial scale. Our bGen™ systems are deployed across Europe, Israel, and the United States, powering decarbonization, balancing renewables, and supporting off-grid hydrogen production in ways that align directly with the future energy stack nuclear must serve. Just as Meta is utilizing its energy commitments to keep nuclear plants operational, we believe energy buyers will turn to storage technologies to make those nuclear investments flexible enough to matter. Brenmiller Energy has the assets to make that happen-and we're executing it today. Moreover, we can mitigate the time spent on developing SMRs, which may or may not prove to be an efficient solution. Making the Grid Ready for AI-and for SMRs Constellation, the operator of the Clinton plant, has already indicated it may seek to install a small modular reactor at the site in the future. That would align with President Trump's recently signed executive orders calling for streamlined SMR permitting and domestic fuel sourcing. The key issue? SMRs, while more flexible than legacy reactors, will still need supporting infrastructure to unlock that flexibility at the grid level. Without storage, the same challenges apply: static generation trying to fit into dynamic loads. We can help overcome those challenges. Brenmiller's bGen™ platform offers a modular, shippable, and commercially proven storage solution that can absorb excess thermal energy and redeploy it on demand, enabling nuclear of any size to deliver on the 21st-century energy promise. An Energized World Needs The Right Infrastructure The energy world is evolving fast. And the return of nuclear is not a potentiality-it's already happening. But if we want nuclear to succeed in powering the digital world and its economy, it must be paired with enabling infrastructure that makes it adaptable, flexible, and future-proof. Thermal energy storage is that infrastructure. Without it, nuclear will remain a static asset in a dynamic world. With it, it becomes part of a flexible, scalable, AI-ready grid. And that's the kind of energy future we're building at Brenmiller Energy-one milestone, one deployment, and one inflection point at a time. By Doron Brenmiller, Chief Business Officer, Brenmiller Energy, a global provider of thermal energy storage solutions deployed across Europe, Israel, and the U.S. Sources: About bGen™ bGen™ ZERO is Brenmiller's TES system, which converts electricity into heat to power sustainable industrial processes at a price that is competitive with natural gas. The bGen™ ZERO charges by capturing low-cost electricity from renewables or the grid and stores it in crushed rocks. It then discharges steam, hot water, or hot air on demand according to customer requirements. The bGen™ ZERO also supports the development of utility-scale renewables by providing critical flexibility and grid-balancing capabilities. bGen™ ZERO was named among TIME's Best Inventions of 2023 in the Green Energy category and won Gold in the Energy Storage and Management category at the 2025 Edison Awards. About Brenmiller Energy Ltd. Brenmiller Energy helps energy-intensive industries and power producers end their reliance on fossil fuel boilers. Brenmiller's patented bGen™ ZERO thermal battery is a modular and scalable energy storage system that turns renewable electricity into zero-emission heat. It charges using low-cost renewable electricity and discharges a continuous supply of heat on demand and according to its customers' needs. The most experienced thermal battery developer on the market, Brenmiller operates the world's only gigafactory for thermal battery production and is trusted by leading multinational energy companies. For more information visit the Company's website at and follow the company on X and LinkedIn. 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 in this press release when it discusses: that the Company's bGen™ system installation at Purchase College will reduce 550 metric tons of CO2 emissions annually; that TES modularity enables flexible and efficient deployment across diverse infrastructure; and that as more public entities prioritize net-zero transitions, scalable and proven solutions like our bGen™ can provide a suitable solution. 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 crucial 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 SEC on March 4, 2025, which is available on the SEC's website, 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@ SOURCE: Brenmiller Energy
Indianapolis Star
a day ago
- Business
- Indianapolis Star
IndyStar: Indianapolis Star, Indiana news, breaking news and sports
This is the second installment in Brenmiller Energy's 'Viewpoint' Series, which explores the infrastructure, innovation, and storage technologies needed to build a resilient, low-carbon energy future. TEL AVIV, ISRAEL / ACCESS Newswire / June 9, 2025 / The recent announcement that Meta signed a 20-year power purchase agreement to purchase roughly 1.1 gigawatts of energy from Constellation's Clinton Clean Energy Center in Illinois, the entire output from the site's one nuclear reactor, is being celebrated as a nuclear renaissance milestone. We see it as a catalyst. The deal not only saved a vital zero-emissions plant from potential closure but also signaled a new era of private-sector alignment with long-term energy planning. It also confirmed something we at Brenmiller Energy have been saying for years: clean energy generation alone is not enough. In an increasingly complex and electrified world driven by AI workloads and 24/7 compute demands, flexibility and system management-not just sufficient energy generation-are the constraints. That's especially true for nuclear energy. Nuclear energy delivers unmatched baseload stability; however, it was never built to handle dynamic, real-time load profiles created by today's technology-dependent world. That's the challenge Big Tech is now facing. It's also where thermal energy storage, including our bGen™ technology, can play a supporting role. Nuclear Wasn't Designed for What's Already Here Traditional nuclear reactors were optimized to run at full capacity, continuously. That model made sense in a 20th-century grid-when baseload demand was steady, and flexibility wasn't mission-critical. But today's energy reality looks very different: Hyperscale data centers operate in real-time energy demand cycles that can vary not just hourly, but minute to minute. Manufacturers are electrifying industrial heat. Not only to reduce carbon emissions but to de-risk cost visibility associated with natural gas and fossil fuels. The energy mix includes variable renewables (such as wind and solar) that require precise grid-managing balance. Without it, major power outages similar to what happened in the Iberian Peninsula could become more frequent. Countries are building off-grid and island-mode projects that need local dispatch control. In this new energy landscape, nuclear power, despite its significant contributions, cannot deliver what is required on its own. Not because it lacks the power-generating strength but because it lacks proper management. That reality isn't going unnoticed. Deals like the latest one above prove that for nuclear power to be a truly viable solution to soaring energy demands, it needs a partner. Pairing it with proven thermal storage infrastructure-such as Brenmiller's bGen™ platform-can be an ideal solution, as it converts baseload into dispatchable power 24/7/365, enabling nuclear power to meet peak demand, fills volatility gaps, and integrates into modern, decentralized grids. Big Tech Understands the Stakes Meta's deal is not an isolated case. Google, Amazon, and Microsoft have all publicly committed to supporting the expansion of nuclear energy. Why? Because AI is rewriting the global energy equation. According to multiple utility forecasts, electricity demand from AI could exceed 400 terawatt-hours annually in the U.S. alone by 2030. These workloads are not just large-they're persistent and intolerant of downtime. The energy stack that supports them can't rely on hope, incentives, or balancing acts between wind and solar. It needs firm, clean, flexible, and managed power-a profile no single-generation source can satisfy on its own. This shortcoming is putting thermal energy storage in the spotlight for all the right reasons. And from our visionary approach to energy storage, Brenmiller Energy is uniquely positioned to capitalize. Once thought of as a niche focus is now a headline need. As important to the energy community, we're past the conceptual stages. Thermal Storage as the Nuclear Enabler At Brenmiller Energy, we've already proven that our thermal energy storage technology works at an industrial scale. Our bGen™ systems are deployed across Europe, Israel, and the United States, powering decarbonization, balancing renewables, and supporting off-grid hydrogen production in ways that align directly with the future energy stack nuclear must serve. Just as Meta is utilizing its energy commitments to keep nuclear plants operational, we believe energy buyers will turn to storage technologies to make those nuclear investments flexible enough to matter. Brenmiller Energy has the assets to make that happen-and we're executing it today. Moreover, we can mitigate the time spent on developing SMRs, which may or may not prove to be an efficient solution. Making the Grid Ready for AI-and for SMRs Constellation, the operator of the Clinton plant, has already indicated it may seek to install a small modular reactor at the site in the future. That would align with President Trump's recently signed executive orders calling for streamlined SMR permitting and domestic fuel sourcing. The key issue? SMRs, while more flexible than legacy reactors, will still need supporting infrastructure to unlock that flexibility at the grid level. Without storage, the same challenges apply: static generation trying to fit into dynamic loads. We can help overcome those challenges. Brenmiller's bGen™ platform offers a modular, shippable, and commercially proven storage solution that can absorb excess thermal energy and redeploy it on demand, enabling nuclear of any size to deliver on the 21st-century energy promise. An Energized World Needs The Right Infrastructure The energy world is evolving fast. And the return of nuclear is not a potentiality-it's already happening. But if we want nuclear to succeed in powering the digital world and its economy, it must be paired with enabling infrastructure that makes it adaptable, flexible, and future-proof. Thermal energy storage is that infrastructure. Without it, nuclear will remain a static asset in a dynamic world. With it, it becomes part of a flexible, scalable, AI-ready grid. And that's the kind of energy future we're building at Brenmiller Energy-one milestone, one deployment, and one inflection point at a time. By Doron Brenmiller, Chief Business Officer, Brenmiller Energy, a global provider of thermal energy storage solutions deployed across Europe, Israel, and the U.S. Sources: About bGen™ bGen™ ZERO is Brenmiller's TES system, which converts electricity into heat to power sustainable industrial processes at a price that is competitive with natural gas. The bGen™ ZERO charges by capturing low-cost electricity from renewables or the grid and stores it in crushed rocks. It then discharges steam, hot water, or hot air on demand according to customer requirements. The bGen™ ZERO also supports the development of utility-scale renewables by providing critical flexibility and grid-balancing capabilities. bGen™ ZERO was named among TIME's Best Inventions of 2023 in the Green Energy category and won Gold in the Energy Storage and Management category at the 2025 Edison Awards. About Brenmiller Energy Ltd. Brenmiller Energy helps energy-intensive industries and power producers end their reliance on fossil fuel boilers. Brenmiller's patented bGen™ ZERO thermal battery is a modular and scalable energy storage system that turns renewable electricity into zero-emission heat. It charges using low-cost renewable electricity and discharges a continuous supply of heat on demand and according to its customers' needs. The most experienced thermal battery developer on the market, Brenmiller operates the world's only gigafactory for thermal battery production and is trusted by leading multinational energy companies. For more information visit the Company's website at and follow the company on X and LinkedIn. 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 in this press release when it discusses: that the Company's bGen™ system installation at Purchase College will reduce 550 metric tons of CO2 emissions annually; that TES modularity enables flexible and efficient deployment across diverse infrastructure; and that as more public entities prioritize net-zero transitions, scalable and proven solutions like our bGen™ can provide a suitable solution. 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 crucial 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 SEC on March 4, 2025, which is available on the SEC's website, 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@
Associated Press
a day ago
- Business
- Associated Press
VIEWPOINT: Big Tech Just Saved Nuclear -Now It Needs Thermal Storage to Work
This is the second installment in Brenmiller Energy's 'Viewpoint' Series, which explores the infrastructure, innovation, and storage technologies needed to build a resilient, low-carbon energy future. TEL AVIV, ISRAEL / ACCESS Newswire / June 9, 2025 / The recent announcement that Meta signed a 20-year power purchase agreement to purchase roughly 1.1 gigawatts of energy from Constellation's Clinton Clean Energy Center in Illinois, the entire output from the site's one nuclear reactor, is being celebrated as a nuclear renaissance milestone. We see it as a catalyst. The deal not only saved a vital zero-emissions plant from potential closure but also signaled a new era of private-sector alignment with long-term energy planning. It also confirmed something we at Brenmiller Energy have been saying for years: clean energy generation alone is not enough. In an increasingly complex and electrified world driven by AI workloads and 24/7 compute demands, flexibility and system management-not just sufficient energy generation-are the constraints. That's especially true for nuclear energy. Nuclear energy delivers unmatched baseload stability; however, it was never built to handle dynamic, real-time load profiles created by today's technology-dependent world. That's the challenge Big Tech is now facing. It's also where thermal energy storage, including our bGen™ technology, can play a supporting role. Nuclear Wasn't Designed for What's Already Here Traditional nuclear reactors were optimized to run at full capacity, continuously. That model made sense in a 20th-century grid-when baseload demand was steady, and flexibility wasn't mission-critical. But today's energy reality looks very different: In this new energy landscape, nuclear power, despite its significant contributions, cannot deliver what is required on its own. Not because it lacks the power-generating strength but because it lacks proper management. That reality isn't going unnoticed. Deals like the latest one above prove that for nuclear power to be a truly viable solution to soaring energy demands, it needs a partner. Pairing it with proven thermal storage infrastructure-such as Brenmiller's bGen™ platform-can be an ideal solution, as it converts baseload into dispatchable power 24/7/365, enabling nuclear power to meet peak demand, fills volatility gaps, and integrates into modern, decentralized grids. Big Tech Understands the Stakes Meta's deal is not an isolated case. Google, Amazon, and Microsoft have all publicly committed to supporting the expansion of nuclear energy. Why? Because AI is rewriting the global energy equation. According to multiple utility forecasts, electricity demand from AI could exceed 400 terawatt-hours annually in the U.S. alone by 2030. These workloads are not just large-they're persistent and intolerant of downtime. The energy stack that supports them can't rely on hope, incentives, or balancing acts between wind and solar. It needs firm, clean, flexible, and managed power-a profile no single-generation source can satisfy on its own. This shortcoming is putting thermal energy storage in the spotlight for all the right reasons. And from our visionary approach to energy storage, Brenmiller Energy is uniquely positioned to capitalize. Once thought of as a niche focus is now a headline need. As important to the energy community, we're past the conceptual stages. Thermal Storage as the Nuclear Enabler At Brenmiller Energy, we've already proven that our thermal energy storage technology works at an industrial scale. Our bGen™ systems are deployed across Europe, Israel, and the United States, powering decarbonization, balancing renewables, and supporting off-grid hydrogen production in ways that align directly with the future energy stack nuclear must serve. Just as Meta is utilizing its energy commitments to keep nuclear plants operational, we believe energy buyers will turn to storage technologies to make those nuclear investments flexible enough to matter. Brenmiller Energy has the assets to make that happen-and we're executing it today. Moreover, we can mitigate the time spent on developing SMRs, which may or may not prove to be an efficient solution. Making the Grid Ready for AI-and for SMRs Constellation, the operator of the Clinton plant, has already indicated it may seek to install a small modular reactor at the site in the future. That would align with President Trump's recently signed executive orders calling for streamlined SMR permitting and domestic fuel sourcing. The key issue? SMRs, while more flexible than legacy reactors, will still need supporting infrastructure to unlock that flexibility at the grid level. Without storage, the same challenges apply: static generation trying to fit into dynamic loads. We can help overcome those challenges. Brenmiller's bGen™ platform offers a modular, shippable, and commercially proven storage solution that can absorb excess thermal energy and redeploy it on demand, enabling nuclear of any size to deliver on the 21st-century energy promise. An Energized World Needs The Right Infrastructure The energy world is evolving fast. And the return of nuclear is not a potentiality-it's already happening. But if we want nuclear to succeed in powering the digital world and its economy, it must be paired with enabling infrastructure that makes it adaptable, flexible, and future-proof. Thermal energy storage is that infrastructure. Without it, nuclear will remain a static asset in a dynamic world. With it, it becomes part of a flexible, scalable, AI-ready grid. And that's the kind of energy future we're building at Brenmiller Energy-one milestone, one deployment, and one inflection point at a time. By Doron Brenmiller, Chief Business Officer, Brenmiller Energy, a global provider of thermal energy storage solutions deployed across Europe, Israel, and the U.S. Sources: About bGen™ bGen™ ZERO is Brenmiller's TES system, which converts electricity into heat to power sustainable industrial processes at a price that is competitive with natural gas. The bGen™ ZERO charges by capturing low-cost electricity from renewables or the grid and stores it in crushed rocks. It then discharges steam, hot water, or hot air on demand according to customer requirements. The bGen™ ZERO also supports the development of utility-scale renewables by providing critical flexibility and grid-balancing capabilities. bGen™ ZERO was named among TIME's Best Inventions of 2023 in the Green Energy category and won Gold in the Energy Storage and Management category at the 2025 Edison Awards. About Brenmiller Energy Ltd. Brenmiller Energy helps energy-intensive industries and power producers end their reliance on fossil fuel boilers. Brenmiller's patented bGen™ ZERO thermal battery is a modular and scalable energy storage system that turns renewable electricity into zero-emission heat. It charges using low-cost renewable electricity and discharges a continuous supply of heat on demand and according to its customers' needs. The most experienced thermal battery developer on the market, Brenmiller operates the world's only gigafactory for thermal battery production and is trusted by leading multinational energy companies. For more information visit the Company's website at and follow the company on X and LinkedIn. 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 in this press release when it discusses: that the Company's bGen™ system installation at Purchase College will reduce 550 metric tons of CO2 emissions annually; that TES modularity enables flexible and efficient deployment across diverse infrastructure; and that as more public entities prioritize net-zero transitions, scalable and proven solutions like our bGen™ can provide a suitable solution. 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 crucial 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 SEC on March 4, 2025, which is available on the SEC's website, 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: [email protected] SOURCE: Brenmiller Energy press release
Miami Herald
5 days ago
- Business
- Miami Herald
Brenmiller Energy CEO Provides Update On Milestones Powering Progress
ROSH HA'AYIN, IL / ACCESS Newswire / June 5, 2025 / Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy" or the "Company") (Nasdaq:BNRG), a leading global provider of Thermal Energy Storage ("TES") solutions for industrial and utility customers,today issued a shareholder update from its Chairman and Chief Executive Officer, Avi Brenmiller. Dear Brenmiller Energy Investors, I want to take a moment to share meaningful updates from across our Company-developments that reflect both execution in the present and strategic positioning for the future. Most notably, that the European Hydrogen Bank has granted SolWinHy Cádiz S.L. (the "SolWinHy Project") in Arcos de la Frontera, Spain, €25 million in funding. SolWinHy is a special purpose company jointly owned by leading renewable energy developers Green Enesys Group ("Green Enesys") and Viridi RE ("Viridi") to build new green hydrogen and green e-methanol projects in Europe. Green Enesys and Viridi are Brenmiller's joint venture partners in Brenmiller Europe S.L. ("Brenmiller Europe"). We estimate our supply of the bGen™ TES system for the SolWinHy Project to be approximately €7 million. We believe that our involvement with the SolWinHy Project reinforces the strength of our bGen™ technology and our role in enabling renewable fuel production at scale. It's a major milestone and a testament to the commercial scale of our thermal energy storage solutions. Looking ahead, we're also preparing to accrue the next milestone in our project with Tempo Beverages Ltd. ("Tempo") in July 2025. This project represents a powerful application of our bGen™ system, delivering behind-the-meter energy savings in a commercial manufacturing environment. We believe the market will recognize the value of this milestone-not just for what it proves technically, but for what it unlocks strategically. Beyond this, we're seeing a new opportunity emerge that could define the next phase of our growth: nuclear energy as the solution for AI and data centers that are expected to create a surge in energy demand. At the end of May, CNBC reported that some countries in Europe are beginning to re-embrace nuclear power as a means of boosting energy independence and decarbonizing at scale. Denmark is even rethinking its 40-year nuclear ban. This shift creates a unique opening for our technology. Nuclear reactors, while reliable for baseload generation, lack the flexibility to meet dynamic grid demands-precisely the gap our thermal storage was designed to fill. The U.S. is following suit. New executive orders from the Trump Administration have fast-tracked small modular reactors (SMRs) and aim to significantly reform the U.S. nuclear industry. That conviction was echoed again just days ago when Meta signed a 20-year agreement with Constellation Energy to purchase 1.1 gigawatts of nuclear power from the Clinton Clean Energy Center in Illinois. Without Meta's commitment, the plant faced premature closure. Now, not only will the site remain operational, it will expand. This is more than a high-profile energy deal, we believe that it is an indication that nuclear power is being called upon to fuel the next generation of computing and AI infrastructure-but it can't do it alone. It needs flexibility. It needs storage. It needs solutions like ours. We believe that our TES technology is uniquely suited to complement nuclear by enabling load-following capabilities, balancing output, and enhancing overall grid responsiveness. As the demand curve changes and data center operators push for 24/7 clean energy with real-time control, we believe our technology becomes not just valuable-but essential. Further, we believe our system, as configured for ENEL at its combined cycle power plant in Santa Barbara, Italy, is already a near-perfect fit for this application, positioning Brenmiller to be part of this nuclear resurgence. We also recognize the broader market environment remains volatile, especially for small-cap companies. We're taking action accordingly: tightening costs, streamlining operations across our subsidiaries, and staying focused on efficiency. These moves aren't just defensive-they're strategic steps to strengthen our core and prepare for scalable growth. In parallel, we're actively exploring near-term opportunities to enhance value creation-this includes unlocking potential licensing revenues with our IP portfolio. To those of you who've stayed with us: thank you. Your continued trust fuels our determination. We're executing with clarity and focus-and the momentum building behind clean hydrogen, flexible nuclear applications, and on-site industrial energy savings only adds to our conviction. Sincerely, Avi Brenmiller, CEOBrenmiller Energy Ltd. About Brenmiller Energy Ltd. Brenmiller Energy helps energy-intensive industries and power producers end their reliance on fossil fuel boilers. Brenmiller's patented bGen™ ZERO thermal battery is a modular and scalable energy storage system that turns renewable electricity into zero-emission heat. It charges using low-cost renewable electricity and discharges a continuous supply of heat on demand and according to its customers' needs. The most experienced thermal battery developer on the market, Brenmiller operates the world's only gigafactory for thermal battery production and is trusted by leading multinational energy companies. For more information visit the Company's website at and follow the company on X and LinkedIn. 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: the Company's estimated amount for its supply of the bGen™ TES system for the SolWinHy project; that a new opportunity is emerging in nuclear energy, which could define the next phase of growth for the Company and that the Company's TES technology is uniquely suited to complement nuclear by enabling load-following capabilities, balancing output, and enhancing overall grid responsiveness; that the Company's TES system is positioned to be part of a nuclear resurgence; that the Company is preparing to reach the next milestone in the Tempo project in July, which will have both technical and strategic value; that the cost-cutting and operational streamlining efforts are strategic steps that will strengthen the Company's core and prepare for scalable growth; and that the Company is exploring near-term opportunities to enhance value creation, including potential licensing revenues of its IP portfolio. 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, The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Media Contact: investors@ SOURCE: Brenmiller Energy
Indianapolis Star
5 days ago
- Business
- Indianapolis Star
Brenmiller Energy CEO Provides Update On Milestones Powering Progress
Brenmiller Energy Ltd. ('Brenmiller', 'Brenmiller Energy' or the 'Company') (Nasdaq:BNRG), a leading global provider of Thermal Energy Storage ('TES') solutions for industrial and utility customers,today issued a shareholder update from its Chairman and Chief Executive Officer, Avi Brenmiller. Dear Brenmiller Energy Investors, I want to take a moment to share meaningful updates from across our Company-developments that reflect both execution in the present and strategic positioning for the future. Most notably, that the European Hydrogen Bank has granted SolWinHy Cádiz S.L. (the 'SolWinHy Project') in Arcos de la Frontera, Spain, €25 million in funding. SolWinHy is a special purpose company jointly owned by leading renewable energy developers Green Enesys Group ('Green Enesys') and Viridi RE ('Viridi') to build new green hydrogen and green e-methanol projects in Europe. Green Enesys and Viridi are Brenmiller's joint venture partners in Brenmiller Europe S.L. ('Brenmiller Europe'). We estimate our supply of the bGen™ TES system for the SolWinHy Project to be approximately €7 million. We believe that our involvement with the SolWinHy Project reinforces the strength of our bGen™ technology and our role in enabling renewable fuel production at scale. It's a major milestone and a testament to the commercial scale of our thermal energy storage solutions. Looking ahead, we're also preparing to accrue the next milestone in our project with Tempo Beverages Ltd. ('Tempo') in July 2025. This project represents a powerful application of our bGen™ system, delivering behind-the-meter energy savings in a commercial manufacturing environment. We believe the market will recognize the value of this milestone-not just for what it proves technically, but for what it unlocks strategically. Beyond this, we're seeing a new opportunity emerge that could define the next phase of our growth: nuclear energy as the solution for AI and data centers that are expected to create a surge in energy demand. At the end of May, CNBC reported that some countries in Europe are beginning to re-embrace nuclear power as a means of boosting energy independence and decarbonizing at scale. Denmark is even rethinking its 40-year nuclear ban. This shift creates a unique opening for our technology. Nuclear reactors, while reliable for baseload generation, lack the flexibility to meet dynamic grid demands-precisely the gap our thermal storage was designed to fill. The U.S. is following suit. New executive orders from the Trump Administration have fast-tracked small modular reactors (SMRs) and aim to significantly reform the U.S. nuclear industry. That conviction was echoed again just days ago when Meta signed a 20-year agreement with Constellation Energy to purchase 1.1 gigawatts of nuclear power from the Clinton Clean Energy Center in Illinois. Without Meta's commitment, the plant faced premature closure. Now, not only will the site remain operational, it will expand. This is more than a high-profile energy deal, we believe that it is an indication that nuclear power is being called upon to fuel the next generation of computing and AI infrastructure-but it can't do it alone. It needs flexibility. It needs storage. It needs solutions like ours. We believe that our TES technology is uniquely suited to complement nuclear by enabling load-following capabilities, balancing output, and enhancing overall grid responsiveness. As the demand curve changes and data center operators push for 24/7 clean energy with real-time control, we believe our technology becomes not just valuable-but essential. Further, we believe our system, as configured for ENEL at its combined cycle power plant in Santa Barbara, Italy, is already a near-perfect fit for this application, positioning Brenmiller to be part of this nuclear resurgence. We also recognize the broader market environment remains volatile, especially for small-cap companies. We're taking action accordingly: tightening costs, streamlining operations across our subsidiaries, and staying focused on efficiency. These moves aren't just defensive-they're strategic steps to strengthen our core and prepare for scalable growth. In parallel, we're actively exploring near-term opportunities to enhance value creation-this includes unlocking potential licensing revenues with our IP portfolio. To those of you who've stayed with us: thank you. Your continued trust fuels our determination. We're executing with clarity and focus-and the momentum building behind clean hydrogen, flexible nuclear applications, and on-site industrial energy savings only adds to our conviction. Sincerely, Avi Brenmiller, CEO Brenmiller Energy Ltd. About Brenmiller Energy Ltd. Brenmiller Energy helps energy-intensive industries and power producers end their reliance on fossil fuel boilers. Brenmiller's patented bGen™ ZERO thermal battery is a modular and scalable energy storage system that turns renewable electricity into zero-emission heat. It charges using low-cost renewable electricity and discharges a continuous supply of heat on demand and according to its customers' needs. The most experienced thermal battery developer on the market, Brenmiller operates the world's only gigafactory for thermal battery production and is trusted by leading multinational energy companies. For more information visit the Company's website at and follow the company on X and LinkedIn. 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: the Company's estimated amount for its supply of the bGen™ TES system for the SolWinHy project; that a new opportunity is emerging in nuclear energy, which could define the next phase of growth for the Company and that the Company's TES technology is uniquely suited to complement nuclear by enabling load-following capabilities, balancing output, and enhancing overall grid responsiveness; that the Company's TES system is positioned to be part of a nuclear resurgence; that the Company is preparing to reach the next milestone in the Tempo project in July, which will have both technical and strategic value; that the cost-cutting and operational streamlining efforts are strategic steps that will strengthen the Company's core and prepare for scalable growth; and that the Company is exploring near-term opportunities to enhance value creation, including potential licensing revenues of its IP portfolio. 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, The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Media Contact: investors@
