Latest news with #Nir
NDTV
3 days ago
- General
- NDTV
Sugar Rs 5,000, Oil Rs 4,000: Gazans Blame Israel, They Say It's Hamas
New Delhi: On the morning of Eid al-Adha, prayers across the Gaza Strip were conducted not in mosques, but in the rubble of what used to be homes, schools, and religious institutions. A ceasefire is not in sight, and neither is a meal. The traditions that usually mark this holiday, sacrificial meat, communal feasts, and gifts for children, are unrecognisable now. Instead, a singular item dominates conversations: food, or the lack of it. A recent viral post from Gaza featuring the biscuit, Parle-G, claimed that they are being sold at over 24 euros, which is approximately Rs 2,400. Like the biscuits, most goods sold in Gaza's markets have become unaffordable to nearly everyone. A list obtained by NDTV from inside Gaza documents the going rates for basic staples. Converted into Indian rupees (1 new Israeli shekel = Rs 24.57), it reads like this: 1 litre of cooking oil: 170 shekel (approx. Rs 4,177) 1 kilogram of sugar: 200 shekel (approx. Rs 4,914) 1 kilogram of milk powder: 35 shekel (approx. Rs 860) 1 kilogram of flour: 60 shekel (approx. Rs 1,474) 1 kilogram of salt: 20 shekel (approx. Rs 491) 1 kilogram of okra: 45 shekel (approx. Rs 1,106) 1 kilogram of duck meat: 30 shekel (approx. Rs 737) 1 kilogram of tomatoes: 45 shekel (approx. Rs 1,106) 1 kilogram of onions: 180 shekel (approx. Rs 4,423) 1 kilogram of potatoes: 80 shekel (approx. Rs 1,966) 1 kilogram of brinjal: 35 shekel (approx. Rs 860) 1 kilogram of lemon: 60 shekel (approx. Rs 1,474) 1 kilogram of lentils: 35 shekel (approx. Rs 860) 1 cup of coffee: 180 shekel (approx. Rs 4,423) 1 box of goat meat: 200 shekel (approx. Rs 4,914) Prices like these are unthinkable in a territory where virtually no one has an income. Israel Say It's Hamas Israel insists Hamas is hijacking aid. Speaking exclusively with NDTV, Israeli embassy spokesperson Guy Nir said, "There are masked gunmen who are Hamas, who are shooting at the Gazans because Hamas doesn't want this operation to succeed. The thing is, for the first year and a half, most of the aid trucks that went into Gaza were looted. Hamas looted about 80 per cent of all trucks." According to Mr Nir, Hamas is selling the contents to civilians at inflated prices. This system, he claims, allowed Hamas to exert economic and political control over the population. In northern Gaza, Israel issued a warning on Friday that it would launch "intensive operations" in areas from which rockets had reportedly been fired. The military said four of its soldiers died earlier in Khan Younis when explosives collapsed a Hamas compound. Five others were injured. The UN's Food and Agriculture Organisation (FAO) now projects that by September, nearly 500,000 people in Gaza will be experiencing "catastrophic food insecurity", the highest level of hunger categorisation before famine. "The amount of humanitarian aid that came into Gaza during the first year and a half was astronomical," Mr Nir said. "We delivered over 3,500 calories per person per day. If everybody ate everything we brought in, they would be fat.
NDTV
3 days ago
- Politics
- NDTV
NDTV Exclusive: Who Feeds Gaza? Inside The US-Israel Aid Distribution Model
New Delhi: Nearly all of Gaza's livestock has been wiped out. Local meat production has collapsed. Food shipments remain heavily restricted. And while Israel blames the Hamas militant group for hijacking aid, many humanitarian agencies say Israel's blockade is strangling the civilian population in the besieged Palestinian enclave. Caught in the middle are Gaza's 2.3 million residents, whose access to essentials increasingly depends on how logistics, security, and politics play out in Jerusalem. Speaking exclusively with NDTV, Israeli embassy spokesperson Guy Nir gave a rundown on how aid distribution works in a region that has seen near-total devastation ever since Hamas' multi-frontal attack on Israel on October 7 in 2023. Mechanics Of Aid Delivery: Who Distributes What? At the core of the new aid structure is the Gaza Humanitarian Foundation (GHF), a US-backed non-profit organisation that Israel says it supports but does not control. "The people who are distributing the aid are the GHF," said Mr Nir. "The IDF - the Israeli Defence Force - is coordinating their entry and security while they're in Gaza. There are four distribution centres. GHF is an American-backed NGO. Israel is not the one distributing the aid, but we are 100 per cent facilitating and arranging the security of the GHF to do this." NDTV Exclusive | How Rs 5 Indian Biscuit Is Being Sold For Rs 2,400 In Gaza A recent Reuters report claimed violence at aid delivery sites, specifically an incident in Rafah where local health officials say Israeli fire killed at least three Palestinians near a GHF site. "Both the GHF and the IDF released statements that there was no shooting in or around the aid distribution centres. These reports are misleading," he said. "There are masked gunmen who are Hamas, who are shooting at the Gazans because Hamas doesn't want this operation to succeed. The thing is, for the first year and a half, most of the aid trucks that went into Gaza were looted. Hamas looted about 80 per cent of all trucks." According to Mr Nir, Hamas is selling the contents to civilians at inflated prices. This system, he claims, allowed Hamas to exert economic and political control over the population. "The amount of humanitarian aid that came into Gaza during the first year and a half was astronomical," Mr Nir said. "We delivered over 3,500 calories per person per day. If everybody ate everything we brought in, they would be fat. The new distribution system allows us to give the aid directly to the people, without Hamas being involved." Preventing Aid Theft: The "New" Distribution System Israel had suspended traditional UN food deliveries. Instead, an alternative was introduced on May 27 called the Secure Distribution Site 1 (SDS1) model, developed by the GHF. "We went to a new method with the GHF," Mr Nir explained This method, according to Mr Nir, involves smaller, family-sized boxes rather than bulk commodities like 100-kg rice bags, which were more vulnerable to mass looting. "We're talking about one box with, say, rice, pasta, of oil and other materials, enough food for one family for one week," Mr Nir said. "Looting these small boxes is much more difficult. We are still seeing some looting from Hamas, but maybe 5 per cent or less." He conceded that the system is "not perfect," but said it is an improvement. The Blockade And International Criticism When pressed on international criticism of Israel's blockade and its humanitarian implications, Mr Nir responded with a redirection. "The responsibility for the people of Gaza is Hamas - like the responsibility for the people of Israel is the IDF," he said. He accused Hamas of having spent 20 years diverting foreign aid to build "underground tunnels" and fund its "terror infrastructure", while neglecting education, health, and infrastructure for the civilian population. "Israel cares more about the Gaza population than Hamas," he said. "Israel is the one providing the aid, Hamas is just shooting them." On the matter of Gazan access to work inside Israel, he cited a key turning point. "Up to October 6, 20,000 Gazans had work permits and came to Israel daily. They were getting Israeli salaries, helping their families, their economy," he said. "October 7 changed all of that." Mr Nir rejected the idea that Israel should be held responsible for the economic and humanitarian toll since then. "Why should we allow terrorists to come into Israel, as we did up until October 6?" he asked, Local Partners: Safe Reach Solutions The SDS1, located in Rafah, features caged corridors forcing Palestinians into narrow queues, guarded perimeters manned by Safe Reach Solutions, a US-based private security firm, which has been accused of carrying out intelligence operations in Gaza using Israeli data. "There are four aid distributions in Gaza. The GHF comes every day with IDF security to access these locations, prepare the distribution, and then the gates are open to allow all the population to come and collect the boxes. At the end of the day, we close the centre and go back across the border to Israel." On SRS, Mr Nir offered only limited insights. "From what I understand, they are responsible for facilitating the distribution and protecting the area so that it can be done safely, and to prevent ammunition from reaching Hamas. Responding to reports that SRS is involved in intelligence operations, as suggested in some Israeli and international media, he said: "That's part of the responsibility. But from what I understand, they are not a defence force." What Happens After Hamas? According Gaza officials, at least 4,402 people have been killed since Israel resumed its offensive on March 18 after a brief ceasefire announcement. The subsequent military action has taken the war's overall death count, according to Hamas, to 54,677. "The majority of them are Hamas terrorists and operatives, and victims of Hamas' misfired rockets," said Mr Nir. "We are open to multiple solutions. We are not going to govern Gaza. We don't want to be in Gaza," he explained. "[The Palestinians] need to govern themselves, as long as it's not a terror organisation that is terrorising its own citizens and terrorising us in the process. As long as there is no threat to Israel, we are okay with that." There have been reports of Israel considering clan-based governance models, similar to what exists in some Gulf states, but Mr Nir said Israel would not interfere with internal arrangements, so long as they ensure stability and security. "They just need to find something that works and is of no harm to their neighbours," he said. Asked whether Israel would engage with a reformed Palestinian political body in Gaza, one that excludes Hamas, Mr Nir said: "Of course. We want Gaza to be independent. We want Gaza to be successful. We don't want Gaza to be a threat to Israel. We are willing to cooperate with a reasonable government on their side."
Associated Press
21-05-2025
- Business
- Associated Press
HPM Exclusive: Brenmiller Energy COO on Navigating Tight Markets and Powering Toward Profitability
Brenmiller Energy (NASDAQ: BNRG) is stepping into a pivotal moment. With commercial thermal energy storage projects taking shape in the U.S., Europe, and Israel, the company is transitioning from proof-of-concept to proof-of-scale and laying the groundwork for a capital-efficient, profitable growth phase. As the world accelerates its push toward decarbonization, Brenmiller's bGen™ technology is positioned to meet soaring demand for clean, reliable, and industrial-grade energy storage. Hawk Point Media recently met with Nir Brenmiller, Chief Operating Officer of Brenmiller Energy, to discuss the company's latest developments, including a recent financing round, major near-term milestones, and how Brenmiller plans to capitalize on global market momentum. In a candid conversation, Mr. Brenmiller addressed the realities of raising capital in a tight small-cap market, while reiterating the importance of keeping momentum ahead of a major inflection point: the commissioning of the company's flagship Tempo project later this year. He also shared why the company's 2030 roadmap isn't just ambitious—it's actionable. Here's what he said: Q: Nir, can you provide context on the recent financing round? Investors are asking why now, and why on these terms. A: Let's be blunt—this wasn't our dream financing. But the markets don't care about our preferences, and we're not here to wait for perfect conditions. While major indexes are sitting near all-time highs, the small-cap environment remains brutally tight. Capital is scarce, terms are tough, and most companies are sitting frozen. We're not. We executed this raise because we had to keep momentum and move the ball closer to the goal line. This is not about dilution for dilution's sake—it's about execution. We knew the Tempo project is approaching a critical stage, and getting there required capital, plain and simple. Sitting on our hands wasn't an option. We didn't love the terms, but we accepted them strategically because this is a bridge—not a blueprint for future financing. Once the Tempo platform is live, our entire financing playbook changes. We'll have flexibility to access non-dilutive capital, whether through factoring receivables, project-level financing, or other structures tied to revenue-generating assets. Tempo gives us leverage, not just operationally but financially. That's our inflection point. And this financing gets us there. No one is under the illusion that this was ideal, but in this market, good teams adapt and advance. We're doing exactly that. Q: How should shareholders think about dilution in the context of your broader strategy? A: Dilution is never easy. But we're not here to play defense—we're here to win. This raise is about short-term pain in the service of long-term positioning. Shareholders should be focused on where this capital gets us: operational milestones, commercial delivery, and Tempo's go-live moment. When Tempo comes online, the value proposition of this company changes materially. We're building toward a business model that doesn't require constant dilution. In fact, with Tempo, we unlock financial mechanisms that were simply unavailable before—non-dilutive tools that allow us to scale without sacrificing shareholder value. We made this move to keep control of our trajectory. And once Tempo is operational, we'll have earned the flexibility to do things differently. Q: Speaking of that, your flagship Tempo project is progressing toward commissioning during Q3. Can you share an update on the project's milestones and what it represents for industrial decarbonization? A: Tempo is a turning point for Brenmiller and for industrial energy at large. This is the largest industrial thermal energy storage deployment in Israel and one of the biggest anywhere. It's not a demo—it's a tangible replacement of fossil boilers with a 32 MWh bGen™ ZERO system for Tempo Beverages, a Heineken company that produces Pepsi, and more. This project estimates eliminating 2,000 tons of heavy fuel use every year and offsetting 6,200 tons of CO₂ annually. Even more importantly—it's expected to save Tempo $7.5 million in energy costs over 15 years. That's industrial decarbonization with a business case that speaks for itself. As for the milestones. We're on schedule. Stage 1 is on schedule to finish in July. System construction is then expected to wrap in September, with commissioning in October. Once this system goes live, it will make an undeniable statement: thermal energy storage isn't a future solution. It's here, it's working, and it's saving money. Q: With Tempo, you now have commercial traction on three continents— Europe, the U.S., and Israel. What do these geographic footholds say about the demand for your solution? A: Foremost, it says that global demand is no longer theoretical. And the important point about that is that, unlike almost every other known TES company, we're beyond pilot hype—we're executing commercial deployments across three continents. Europe is feeling the squeeze from carbon taxes and energy volatility, and industrial users are scrambling for alternatives. In the U.S., our recent update about our SUNY/NYPA partnership signals that public institutions are ready to deploy, not just plan. In Israel, Tempo is a landmark that proves our tech works at full industrial scale. And as the world just witnessed, grid balancing is needed in Spain, Portugal, and the entire Iberian Peninsula. We believe that market will be in play far faster than anyone might expect. Again, we're ready to provide solutions, which puts us in an excellent competitive position to capitalize. This isn't early innings. This is the start of the commercial ramp. We're delivering real systems, real savings, and real carbon cuts to a world starving for solutions. Not hoping to like others, but right now. Q: Between your Technology Roadmap 2030 and the real-world momentum, what should investors watch for next? A: Investors should watch for execution—and we're executing at speed. The commissioning of Tempo will be a headline moment, not just for Brenmiller Energy but for the broader energy market. It will prove that thermal energy storage can operate at scale, drive strong returns, and slash emissions in real industrial settings. Beyond that, we're expanding deployments in the U.S. and Europe, especially with public-private partnerships and commercial clients that need energy resilience and carbon reduction now, not five years from now. And we're focused on closing and delivering on a commercial pipeline that already exceeds our current capacity. Demand is there. We're scaling to meet it. End interview Transcriber's Note:This transcript has been prepared to preserve the integrity and tone of the original conversation. Punctuation and minor edits have been applied at the transcriber's discretion for the sake of clarity, readability, and continuity. Any changes made do not alter the meaning or intent of the participants' statements. Additional Disclaimers and Disclosures:Hawk Point Media Group, LLC. (HPM) has not been compensated to produce and distribute this content. It should be expressly understood that HPM is not operated by a licensed broker, a dealer, or a registered investment adviser. It should also be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. HPM reports/releases are commercial advertisements and are for general information purposes ONLY. The information made available by HPM is not intended to be, nor does it constitute, investment advice or recommendations. The contributors do NOT buy and sell securities covered before or after any particular article, report and/or publication. HPM holds ZERO shares in Brenmiller Energy Ltd. Always do your own due diligence prior to investing in any publicly traded company. While HPM has not been compensated for creating and syndicating this content, HPM discloses having a prior services agreement with the company, and third parties, that expired in April 2025 and 2024, respectively. HPM is a digital marketing and consulting company. Therefore, it is possible that HPM will be retained in the future to create and syndicate digital content for Brenmiller Energy. Accordingly, while fact-based and sourced, our content may portray featured companies in only the most favorable way. A complete disclosure for all services provided and compensated for is linked Statements: Media Contact Company Name: Hawk Point Media Contact Person: Editorial Dept. Email: [email protected] Country: United States Website: Press Release Distributed by To view the original version on ABNewswire visit: HPM Exclusive: Brenmiller Energy COO on Navigating Tight Markets and Powering Toward Profitability
Globe and Mail
04-04-2025
- Business
- Globe and Mail
Brenmiller Energy Takes Gold Medal at 2025 Edison Awards in Energy Storage and Management Category
Brenmiller Energy (NASDAQ: BNRG) scored gold! Again. This time, taking top honors in the Energy Storage and Management category at the 2025 Edison Awards. For a small-cap stock flying under the radar, this recognition isn't just another accolade for its resume—it's a resounding peer-evaluated signal that Brenmiller's technology is more than just viable; it's essential. Not only that, by adding more top honors to its collection, Brenmiller Energy is showing itself more than ever as one of the most undervalued publicly traded innovators in the energy sector. Ironically, even those hoping to one day compete against BNRG have higher valuations. Rondo, for instance, has raised hundreds of millions so far to prove its technology's worth. That company, still private but with a valuation of over $500 million, is focused on creating a system to manage electrified thermal e nergy s torage (ETES). It might be good- we don't know. It's not yet available. Others are trying just as hard as they are. And they, too, are still developing, not selling. Brenmiller Energy is on the other side of the commercial spectrum, already marketing, and now implementing into Tempo Beverages, a Heineken subsidiary, its bGen™ thermal storage solution. This system is more than a game-changer in the energy storage and management arena- it's a dual money-maker. BNRG expects to earn potential millions from multiple revenue streams, and clients like Tempo expect to SAVE millions from a system that provides more reliable service, less maintenance, and is free from the market volatility of natural gas and fossil fuels. A recent interview on Barchart Live on X explains in great detail just how transformative this technology is. Keyword- IS. Others, as in potential competitors, are still very much in the "might be" or "could become" stages of messaging. Video Link: Grid, Client, Brenmiller- Winner, Winner, Winner Oh, and the grid? It's a beneficiary as well. Brenmiller's bGen™ system can store excess heat from the grid when overloaded and provide energy when needed. And it doesn't matter if the wind is blowing or sunny. Brenmillers bGen™ works 24/7/365, making it an unrivaled and, still unchallenged, win-win proposition for everyone involved—including investors. Despite the major accolades, integrations, partnerships, and being on the precipice of generating potentially significant revenues within the next 3-6 months, BNRG shares can still be purchased for about $1.35. For that, investors get a stake in one of the most dynamic energy companies, not just in the market but in the world. They also get a position in a company whose roughly $10 million market cap represents only a fraction of the worth of its assets already on the ground. Rather than spend thousands of additional words explaining how compelling this value proposition is, listen twice to what Kinsey and Nir say in the above interview. Like a great movie, you'll catch something you missed the first time around. But here's a spoiler alert - for investors looking for undervalued, under-the-radar companies in a booming sector, the final takeaway will leave them energized to hunt for shares. The excellent news there is that they are available at a sale price that, by any measure, is far too good to ignore. Additional Disclaimers and Disclosures: This is sponsored content. When content is sponsored, that means that Hawk Point Media Group, LLC. (HPM) has been compensated, or expects to be, to produce and distribute digital content for its clients. A link to HPM's complete disclaimer and disclosure statement is always provided as a part of all sponsored content. It should be expressly understood that HPM is not operated by a licensed broker, a dealer, or a registered investment adviser. It should also be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. HPM reports/releases are commercial advertisements for general information purposes ONLY. The information made available by HPM is not intended to be, nor does it constitute, investment advice or recommendations. The contributors do NOT buy and sell securities covered before or after any particular article, report and/or publication. HPM holds ZERO shares in Brenmiller Energy Ltd. While HPM does not own or market shares, it is prudent to expect that those hiring HPM, when applicable, including that company's owners, employees, and affiliates, may sell some or even all of the Brenmiller Energy Ltd. shares that they own, if any, during and/or after this engagement period. Readers may also sell shares, causing pressure on the featured stock, which could result in investors losing part or even all of their investment. 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