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Brenmiller bGen(TM) Green e-Methanol Project in Spain Secures +€25 Million Funding from European Hydrogen Bank
Brenmiller bGen(TM) Green e-Methanol Project in Spain Secures +€25 Million Funding from European Hydrogen Bank

Miami Herald

time23-05-2025

  • Business
  • Miami Herald

Brenmiller bGen(TM) Green e-Methanol Project in Spain Secures +€25 Million Funding from European Hydrogen Bank

bGen™ thermal energy storage system to be charged using renewable energy to store and provide 56 MWh of clean heat for green e-methanol production at SolWinHy Cadiz selected as one the European Union's top green hydrogen projects with plans to deliver 6,500 tons of green hydrogen annually for 30,000 tons of green e-methanol, 100% renewable energy from off-grid solar and wind, and sustainable water sourced from local waste water plantProject demonstrates the potential of hydrogen and e-fuels to decarbonize the European Union's industrial, power generation, and transportation sectorsProject is part of Brenmiller Europe's $200 million pipelineof commercial opportunities that are advancing toward funding and implementation MADRID, SPAIN / ACCESS Newswire / May 23, 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, announced today that the European Hydrogen Bank, has granted SolWinHy Cádiz S.L. (the "SolWinHy Project") in Arcos de la Frontera, Spain, €25 million in funding. From the total project CAPEX, €7 million are earmarked for Brenmiller's bGen™ TES. The project is slated to commence in the first quarter of 2026 when Brenmiller expects to receive a purchase order for the bGen™ andassociated services. 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") which currently has a growing project pipeline of commercial opportunities valued at over $200 million. "We believe that this +€25 million project funding from the European Hydrogen Bank is a strong validation of bGen™'s critical place in Europe's clean energy ecosystem and demonstrates the value of our industry-leading TES technology globally" stated Brenmiller's Chairman and Chief Executive Officer, Avi Brenmiller. "We've worked diligently with our partners Green Enesys and Viridi to complete the front-end engineering and design that led to the financing of the SolWinHy Project. This is a model for how we plan to roll out potentially up to $200 million worth of projects in Europe, by leveraging project financing and collaborations, as Brenmiller generates upfront and recurring revenues delivering bGen™ systems, services, and technology licensing." José Luis Morán, Green Enesys and Viridi's Integrated Energy Solutions director added, "Brenmiller's bGen™ is an essential part of making SolWinHy one of the EU's top green hydrogen projects and was a key component in securing this funding, without the bGen™ the project could not operate off-grid, using only renewable electricity. As a partner in Brenmiller Europe, we expect several other potential bGen™ projects to rapidly advance toward funding and implementation as the EU prioritizes achieving its clean energy goals." Green e-methanol, a clean energy source, is produced from hydrogen that is sourced from renewable electricity and captured biogenic carbon dioxide. The SolWinHy Project is being designed to produce over 30,000 tons of green e-methanol per year and will incorporate 54 MWh of wind and 130 MWp of photovoltaic electricity production disconnected from the electrical grid, generating power exclusively from renewable energy with no impact on Spain's national grid. The SolWinHy Project is expected to integrate bGen™ thermal energy storage capabilities with a 56 MWh capacity. About SolWinHy SolWinHy Cádiz is an innovative green methanol production plant located in Arcos de la Frontera, Cádiz, Spain. As the first project in a series aimed at advancing renewable energy, this facility is set to produce 30,000 tons of E-Methanol annually. The plant is powered entirely by renewable energy, utilizing a 130 MW solar PV installation and a 54 MW wind farm. This setup allows the facility to operate independently of the national grid in island mode, ensuring that all hydrogen and methanol production is 100% renewable. An 80 MW electrolyzer generates green hydrogen, which is combined with biogenic CO2 to produce methanol. The project is situated on 463 hectares of agricultural land, secured through a 35-year lease with the option to extend for an additional five years. SolWinHy Cádiz is strategically positioned to supply green methanol to Germany, with advanced negotiations already underway with potential off-takers. For more information about the project and Brenmiller Energy's latest updates, please visit 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: the SolWinHy project and its expected integration of bGen™ thermal energy storage capabilities with a 56 MWh capacity; SolWinHy Project plans to produce 6,500 tons of green hydrogen annually to generate 3',000 tons of green e-methanol using 100% renewable energy from solar and wind and sustainable water sourced from local wastewater reuse; bGen™ TES deployment scheduled to commence in Q1 2026, subject to receipt of purchase order for system and associated services;; Brenmiller Europe's growing commercial project pipeline valued at over $200 million advancing toward funding and implementation through strategic collaborations and project financing; and SolWinHy's renewable power generation designed to include 54 MW of wind and 130 MWp of photovoltaic electricity disconnected from the national grid. 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 Ltd.

Brenmiller bGen(TM) Green e-Methanol Project in Spain Secures +€25 Million Funding from European Hydrogen Bank
Brenmiller bGen(TM) Green e-Methanol Project in Spain Secures +€25 Million Funding from European Hydrogen Bank

Yahoo

time23-05-2025

  • Business
  • Yahoo

Brenmiller bGen(TM) Green e-Methanol Project in Spain Secures +€25 Million Funding from European Hydrogen Bank

bGen™ thermal energy storage system to be charged using renewable energy to store and provide 56 MWh of clean heat for green e-methanol production at SolWinHy Cadiz S.L. SolWinHy selected as one the European Union's top green hydrogen projects with plans to deliver 6,500 tons of green hydrogen annually for 30,000 tons of green e-methanol, 100% renewable energy from off-grid solar and wind, and sustainable water sourced from local waste water plant Project demonstrates the potential of hydrogen and e-fuels to decarbonize the European Union's industrial, power generation, and transportation sectors Project is part of Brenmiller Europe's $200 million pipelineof commercial opportunities that are advancing toward funding and implementation MADRID, SPAIN / / May 23, 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, announced today that the European Hydrogen Bank, has granted SolWinHy Cádiz S.L. (the "SolWinHy Project") in Arcos de la Frontera, Spain, €25 million in funding. From the total project CAPEX, €7 million are earmarked for Brenmiller's bGen™ TES. The project is slated to commence in the first quarter of 2026 when Brenmiller expects to receive a purchase order for the bGen™ andassociated services. 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") which currently has a growing project pipeline of commercial opportunities valued at over $200 million. "We believe that this +€25 million project funding from the European Hydrogen Bank is a strong validation of bGen™'s critical place in Europe's clean energy ecosystem and demonstrates the value of our industry-leading TES technology globally" stated Brenmiller's Chairman and Chief Executive Officer, Avi Brenmiller. "We've worked diligently with our partners Green Enesys and Viridi to complete the front-end engineering and design that led to the financing of the SolWinHy Project. This is a model for how we plan to roll out potentially up to $200 million worth of projects in Europe, by leveraging project financing and collaborations, as Brenmiller generates upfront and recurring revenues delivering bGen™ systems, services, and technology licensing." José Luis Morán, Green Enesys and Viridi's Integrated Energy Solutions director added, "Brenmiller's bGen™ is an essential part of making SolWinHy one of the EU's top green hydrogen projects and was a key component in securing this funding, without the bGen™ the project could not operate off-grid, using only renewable electricity. As a partner in Brenmiller Europe, we expect several other potential bGen™ projects to rapidly advance toward funding and implementation as the EU prioritizes achieving its clean energy goals." Green e-methanol, a clean energy source, is produced from hydrogen that is sourced from renewable electricity and captured biogenic carbon dioxide. The SolWinHy Project is being designed to produce over 30,000 tons of green e-methanol per year and will incorporate 54 MWh of wind and 130 MWp of photovoltaic electricity production disconnected from the electrical grid, generating power exclusively from renewable energy with no impact on Spain's national grid. The SolWinHy Project is expected to integrate bGen™ thermal energy storage capabilities with a 56 MWh capacity. About SolWinHy SolWinHy Cádiz is an innovative green methanol production plant located in Arcos de la Frontera, Cádiz, Spain. As the first project in a series aimed at advancing renewable energy, this facility is set to produce 30,000 tons of E-Methanol annually. The plant is powered entirely by renewable energy, utilizing a 130 MW solar PV installation and a 54 MW wind farm. This setup allows the facility to operate independently of the national grid in island mode, ensuring that all hydrogen and methanol production is 100% renewable. An 80 MW electrolyzer generates green hydrogen, which is combined with biogenic CO2 to produce methanol. The project is situated on 463 hectares of agricultural land, secured through a 35-year lease with the option to extend for an additional five years. SolWinHy Cádiz is strategically positioned to supply green methanol to Germany, with advanced negotiations already underway with potential off-takers. For more information about the project and Brenmiller Energy's latest updates, please visit 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: the SolWinHy project and its expected integration of bGen™ thermal energy storage capabilities with a 56 MWh capacity; SolWinHy Project plans to produce 6,500 tons of green hydrogen annually to generate 3',000 tons of green e-methanol using 100% renewable energy from solar and wind and sustainable water sourced from local wastewater reuse; bGen™ TES deployment scheduled to commence in Q1 2026, subject to receipt of purchase order for system and associated services;; Brenmiller Europe's growing commercial project pipeline valued at over $200 million advancing toward funding and implementation through strategic collaborations and project financing; and SolWinHy's renewable power generation designed to include 54 MW of wind and 130 MWp of photovoltaic electricity disconnected from the national grid. 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 Ltd. View the original press release on ACCESS Newswire Sign in to access your portfolio

Viridi and Soteria Battery Innovation Group Showcase Fail-Safe Battery Energy Storage at "The No Heat Zone" Event
Viridi and Soteria Battery Innovation Group Showcase Fail-Safe Battery Energy Storage at "The No Heat Zone" Event

Yahoo

time15-05-2025

  • Business
  • Yahoo

Viridi and Soteria Battery Innovation Group Showcase Fail-Safe Battery Energy Storage at "The No Heat Zone" Event

Demonstration of Breakthrough Lithium-Ion Anti-Propagation Technology Highlights a New Era for Battery Safety BUFFALO, N.Y., May 15, 2025 /PRNewswire/ -- Viridi, the industry leader in fail-safe battery energy storage systems (BESS), together with Soteria Battery Innovation Group, hosted a high-impact live demonstration event—"The No Heat Zone: Battery Storage Redefined"—drawing industry leaders, first responders, and safety officials from across the country to Viridi's 42-acre Renewable Energy Center of Excellence in Buffalo. The event featured a compelling series of live battery burn demonstrations, keynote addresses from the Fire Department of the City of New York (FDNY) safety experts, hands-on tours, and deep dives into next-generation anti-propagation battery technologies—technologies designed to eliminate thermal runaway, the leading cause of lithium-ion battery fires. The highlight of the event was the live demonstration of Viridi's fail-safe BESS, which withstood thermal challenges without flame propagation—showcasing its unique ability to contain failure without triggering system-wide risk. Live Demo Results: Raising the Bar for Battery Safety ● Tests 1 & 2 – Conventional Packs: ○ Two standard battery packs without anti-propagation features were intentionally pushed into thermal runaway. As expected, the initial failure triggered cell-to-cell propagation, resulting in heat spreading throughout the entire module. ● Test 3 – Viridi-Engineered Pack: ○ Viridi triggered the same failure in one of its own packs—engineered with proprietary thermal isolation and anti-propagation barriers. The result: complete containment. The incident remained isolated to a single cell with no secondary reactions, validating Viridi's passive safety architecture. "Today wasn't just about showing what's possible—it was about proving it," said Jon M. Williams, CEO of Viridi. "These tests show the power of our design in limiting thermal events to a single point of origin. We're setting a new standard for battery safety that allows clean energy to scale—safely and without compromise. If you want to bring storage into dense, occupied spaces, this is how you do it—without shortcuts." As lithium-ion batteries become more common in everything from e-bikes to commercial buildings, the risks are growing harder to ignore: New York City recorded 277 lithium-ion battery-related fires in 2024 alone—and that number is still climbing. The volume of incidents underscores an urgent need for next-generation battery technologies that go beyond traditional fire suppression and prioritize prevention by design. "Viridi's technology is a game-changer," said Brian Morin, CEO of Soteria Battery Innovation Group. "Battery fires are rare, but they are also unpredictable, immediate and ferocious, which carries significant risk. Their technology dramatically reduces the risk profile, giving us a path to much safer energy storage for all the applications that improve our daily lives." Attendees also heard from FDNY safety leaders John Cassidy and John Orlando, who emphasized the importance of testing new technologies in real-world conditions and the urgent need to bring fail-safe solutions to the frontline of building, infrastructure, and emergency planning. "When it comes to battery fires, every second counts—and every layer of safety matters," said Lt. John Cassidy of the FDNY. "I'm glad to support the safety and education of first responders by sharing my experience responding to lithium-ion battery incidents in New York City." Viridi's technology is already being deployed in commercial and municipal buildings, manufacturing facilities, and high-traffic environments where traditional battery systems are too risky to install. Unlike conventional systems, Viridi's solution requires no additional HVAC, fire suppression, or construction retrofits—a breakthrough for both cost and code compliance. With national attention growing around battery fire risk in both stationary and mobile applications, "The No Heat Zone" signals a critical shift in how the industry thinks about scalable, sustainable, and safe energy storage. About Viridi Viridi is transforming energy storage with its proprietary fail-safe lithium-ion battery technology. Viridi's battery energy storage systems (BESS) feature breakthrough anti-propagation technology, preventing propagation and significantly reducing the risk of lithium-ion battery fires. Viridi's commercial-scale BESS is among the first and only to be installed in an existing, occupied space, setting a new benchmark for safety and reliability. Engineered for seamless integration into virtually any environment, the BESS combines advanced AI and connectivity to deliver unparalleled remote monitoring and energy optimization. Viridi enables clean, scalable energy solutions across industries, paving the way for a safer, more sustainable future. Learn more at: and follow Viridi on LinkedIn. About Soteria Battery Innovation Group, Inc. Soteria is a lithium-ion battery safety company which has technology to eliminate battery fires and also runs a consortium to promote best practices for lithium-ion battery safety. Soteria's mission is to have inherently safe batteries everywhere, which Soteria believes will take a wholistic approach to safety, combining complementary safety technologies from many companies and strategies. Soteria's consortium of over 120 members including NASA, Mercedes, DuPont, Motorola, Lenovo and many more. Soteria was founded in 2017 by Dr. Brian Morin and is headquartered in Greenville, SC. For more information, please visit Media Contact: Alexandra Pony 395307@ 250.858.0656 View original content to download multimedia: SOURCE Viridi Parente Sign in to access your portfolio

Viridi Energy Brings First Company-Operated RNG Facility Online in Baldwin County, Alabama
Viridi Energy Brings First Company-Operated RNG Facility Online in Baldwin County, Alabama

Business Wire

time29-04-2025

  • Business
  • Business Wire

Viridi Energy Brings First Company-Operated RNG Facility Online in Baldwin County, Alabama

NEW YORK--(BUSINESS WIRE)-- Viridi Energy ('Viridi' or 'the firm'), a leading renewable natural gas (RNG) platform, today announced it has begun operations at its new RNG facility in Summerdale, Alabama. Developed in partnership with the Solid Waste Disposal Authority of Baldwin County, the facility captures landfill gas from the county's Magnolia Landfill and converts it into pipeline-quality RNG, delivering environmental and economic benefits to the local community. The facility is expected to produce more than 160,000 MMBtu of RNG annually, supplied via a multiyear offtake agreement to ACT Group. In addition to transforming waste gases into a reliable, renewable energy resource, the project will generate long-term revenue for Baldwin County through gas production royalties. The Baldwin County facility is the first site operated under the Viridi banner, marking a cornerstone achievement in the firm's waste-to-value strategy. 'This is a defining moment for Viridi Energy,' said Dan Crouse, CEO of Viridi Energy. 'Our team brings more than 100 years of collective industry experience building and operating RNG facilities, but the Baldwin County site is the first to operate under the Viridi name. This project is a powerful example of how deep experience, thoughtful public-private partnerships, and strategic infrastructure investments can turn waste streams into revenue streams while creating long-term value for the communities we operate in.' Viridi assumed control of the project mid-development and worked closely with partners and county leaders to facilitate the project's ongoing construction and commissioning. The Viridi leadership team's extensive experience working with a range of gas upgrading technologies was key to enabling a smooth integration and successful project delivery. 'This project is a major milestone for Baldwin County and its citizens, as this RNG facility has the ability to supply fuel for all of the natural gas customers in Magnolia Springs,' said Terri Graham, CEO, Solid Waste Disposal Authority of Baldwin County, Alabama, Inc. 'We're thrilled to partner with Viridi on a project that turns environmental responsibility into real economic benefit for the community.' Though smaller in scale than some of Viridi's other developments, the Baldwin County facility serves as a blueprint for scalable, community-centered RNG projects. Landfill sites similar in size represent a significant share of untapped RNG potential across North America yet often face steeper financial and engineering barriers. Viridi's track record in overcoming these barriers was key to bringing the site online successfully. In addition to producing renewable energy, the landfill site is now home to a new 62,000-square-foot materials recovery facility (MRF) that will enhance the county's ability to recover and recycle valuable materials. Within the MRF is the Waste & Recycling Adventure Center, a 7,000-square-foot interactive learning space designed to engage students and residents on the importance of waste recovery. Through hands-on exhibits, the center explores recycling basics and explains how landfill gas is captured and refined into RNG, helping to bring the circular economy to life for the next generation. Baldwin County is the first of four Viridi facilities expected to come online in 2025, underscoring the firm's momentum in building North America's leading RNG platform. About Viridi Energy Viridi Energy is a full-service renewable natural gas investor, operator, and partner founded by a veteran RNG management team. With the backing of Warburg Pincus and Green Rock Energy Partners, the firm's platform builds, owns, and operates RNG assets with landfill, dairy, wastewater, and food waste feedstocks across North America. For more information, please visit Follow Viridi Energy on LinkedIn.

IBN Coverage: SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), Viridi Partner on Buffalo, NY Solar and Battery Project
IBN Coverage: SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), Viridi Partner on Buffalo, NY Solar and Battery Project

Associated Press

time27-02-2025

  • Business
  • Associated Press

IBN Coverage: SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), Viridi Partner on Buffalo, NY Solar and Battery Project

This article was published by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community. LOS ANGELES - February 27, 2025 ( NEWMEDIAWIRE) - Disseminated on behalf of SolarBank Corporation SolarBank and Viridi are collaborating on a 3.06 MW solar and 1.2 MWh battery energy storage system in Buffalo, New York, repurposing a closed landfill, converting unused land into a source of clean energy. Pending approvals and financing, SolarBank is set to begin construction, while Viridi will provide the battery storage system. Viridi's battery systems include integrated fire suppression and anti-propagation technology to enhance safety. Once operational, the project will function under a community solar model, where residents can subscribe to the project, earning credits on their electricity bills without installing personal solar panels. SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the U.S., has announced a partnership with Viridi, the industry leader in fail-safe battery energy storage systems ('BESS'), to develop a combined 3.06 megawatt ('MW') direct current ground-mounted solar power project and a 1.2 megawatt-hour ('MWh') BESS, in Buffalo, New York. This initiative aims to transform a closed landfill into a productive asset that generates clean energy for the local community ( The selected site, located at 1037 South Park Ave. in South Buffalo, was previously a landfill. By repurposing this land, the project not only addresses environmental concerns but also contributes to the community by providing a sustainable energy source. This approach exemplifies innovative… This report contains forward-looking information. Please refer to for additional details. Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: Forward-Looking Statements Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading 'Risk Factors' discussed under the caption 'Item 1A. Risk Factors' in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption 'Item 1A. Risk Factors' in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law. About IBN IBN is a cutting-edge communications and digital engagement platform providing tailored Platform Solutions for select private and public companies. Over the course of 19+ years, IBN has introduced over 70 investor facing brands to the investment public and amassed a collective audience of millions of social media followers. These distinctive investor brands amplify recognition and reach as well as help fulfill the unique needs of our rapidly growing and diverse base of client-partners. IBN will continue to expand our branded network of influential properties as well as leverage the energy and experience of our team of professionals to best serve our clients. IBN's Platform Solutions provide access to: (1) our Dynamic Brand Portfolio (DBP) through 70+ investor facing brands; (2) article and editorial syndication to 5,000+ news outlets; (3) full-scale distribution to a growing Social Media Network (SMN) ; (4) a network of wire solutions via InvestorWire to effectively reach target markets and demographics; (5) Press Release Enhancement to ensure accuracy and impact; (6) a full array of corporate communications solutions; and (7) total news coverage solutions. IBN

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