Latest news with #thermalenergy
Globe and Mail
7 days ago
- Business
- Globe and Mail
Brenmiller Energy's Nears Its Transformative TES Market Moment ($BNRG)
HPM has been covering the integration of thermal energy storage (TES) into the global energy mix heavily throughout 2025. The questions we get back aren't asking why —they're asking what. As in, what exactly is TES, and is it another complicated, drawn-out energy market investment proposition? We get it. The term "thermal energy storage" itself often deters readers from continuing. But here's the reality: it's a remarkably simple concept that's being embraced by energy providers in the know—particularly those who know what's coming. The concept's beauty lies in its simplicity—heat up a material, store that heat, and release it when it's needed. That's it. Whether it's crushed rock, sand, or another heat-retaining medium, the idea is straightforward: capture energy when it's abundant, cheap, and renewable, and deploy it when it's valuable. No exotic minerals, no dangerous chemical reactions, no moving parts. Just clever thermal engineering solving a problem batteries weren't built to solve. Of course, delivering that value at a commercial scale is where things get more complex. That's the hard part—and that's the part Brenmiller Energy (NASDAQ: BNRG) has already figured out. Thanks to Brenmiller, TES isn't some future-tech pipedream. It's live. It's real. It's working now. A Distinction Worthy Of Value While other high-valuation private TES startups talk about what they hope to build, Brenmiller is doing it. Right now. And that distinction matters—especially when BNRG is trading at a valuation of roughly $5.6 million, compared to private-sector peers who have valuations in the hundreds of millions despite, for the most part, still being clutched in development mode. To put it directly, investors should consider capitalizing on this massive valuation disconnect before the window closes. And it's starting to. BNRG's trading volume has exploded higher, with recent sessions running more than 10X above average daily volume. It's not hard to see why. Investors are catching on, particularly after a recent capital raise sent shares lower—creating an entry point that's rightfully attracting serious attention. Keep in mind that when you see ADV statistics, they're skewed higher now due to massive volume surges, with shares trading in the tens of millions compared to the tens of thousands just weeks ago. The point is this—the interest in BNRG is well-deserved. With electrification and renewables reshaping the global energy mix, the industry and investors are finally catching up to a reality Brenmiller Energy has been acting on for years: batteries and solar panels alone can't solve industrial heat or grid stability. Especially not at scale and not 24/7/365. That's where TES comes in. TES Can Be Energy's Most-Valued Partner It's cost-effective. It's durable. And unlike lithium-ion systems, it doesn't degrade, overheat, or depend on fragile global supply chains. TES fills the gap that batteries can't reach—replacing fossil-fuel-powered industrial tools, such as boilers, reducing demand charges, providing cost-of-energy certainty, and unlocking the full potential of renewables by absorbing excess generation and dispatching it as heat or steam whenever and wherever it's needed. In other words, it brings order to chaos. Just as important, TES isn't locked into one format. It integrates on the grid—through demand response programs and virtual power plants—and off the grid, where energy independence isn't optional; it's required. The SolWinHy green methanol project in Spain proves the point: entirely disconnected from the national grid, it operates on solar and wind energy. That's a great start. But where things matter most—energy delivery and system stability—SolWinHy will rely on Brenmiller's TES to make it all function. That distinction matters. And it should be valued. The European Hydrogen Bank allocated €7 million of SolWinHy's €25 million grant directly to Brenmiller. That's a sovereign endorsement of BNRG's bGen™ system and its irreplaceable role in the clean energy value chain. The better news for BNRG is that SolWinHy is likely just the first domino to drop in a model expected to be repeated across Europe and beyond. In other words, there is plenty more to appreciate and factor in when appraising BNRG. Supporting The Value Proposition Start with the fundamentals. In a space where being first matters, Brenmiller Energy isn't just early—they're proven. While names like Rondo Energy have achieved $500 million valuations based on future potential, Brenmiller has more than $40 million worth of infrastructure already deployed. Yet its market cap still trades at just $5.6 million on June 2nd. That kind of disparity doesn't last forever, especially with the soon-to-be-funded SolWinHy project in its pocket. It also helps that BNRG remains the only pure-play TES stock available to U.S. investors. There is no ETF or broader basket. If you want exposure to industrial-scale thermal storage, this is it. Need more to justify the value proposition? Check this slew of partnerships. Brenmiller has formed strategic alliances with Entelios in Germany to integrate TES into advanced grid systems, with Viridi Energy and Green Enesys in Spain, and with Rock Energy in the USA to deliver carbon-neutral heating across institutional buildings and campuses. These aren't speculative collaborations. They're revenue-aligned, deployment-driven relationships with a clear commercial roadmap. A Milestone Is Weeks Away But timing may be the most critical part of this story. The company's next major commercial deployment, at the Tempo Beverage plant in Israel, is slated for July 2025. That's not years away; it's weeks away. With that added validation, more than €200 million of European pipeline activity is lining up behind it. And with SolWinHy, potentially another sovereign-funded order at any time. The kicker—beyond the pipeline, Brenmiller Energy is exploring IP monetization to generate near- and long-term shareholder value without dilution. To put it simply, the pieces are in place for BNRG to realize its transformative TES moment. Not years from now, but weeks from now. With real deployments, partnerships, sovereign validation, and a validated TES platform, it's hard to say this in any other way—seize this investment opportunity while the discount window is open. If the adage "volume precedes price" is valid, it's already starting to close. 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 below. Forward-Looking Statements: This article 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. The forward-looking statements contained or implied in this article are subject to other risks and uncertainties, many of which are beyond the control of the Company featured or HPM. Hawk Point Media Group, Llc. undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. For Hawk Point Media Group Llc's full disclaimer and disclosure statement, click HERE.
Trade Arabia
28-05-2025
- Business
- Trade Arabia
Kanoo Energy, Spirax Sarco partner to distribute steam management systems in KSA
Kanoo Energy, a division of Kanoo Industrial and Energy under the Yusuf Bin Ahmed Kanoo Group, has signed a landmark distribution agreement with Spirax Sarco, a global leader in steam and thermal energy solutions. The partnership will enable the distribution and local servicing of advanced steam management systems in the Kingdom, reinforcing both companies' shared commitment to national goals of industrial excellence and customer-centricity. With decades of operational expertise and regional insight, Kanoo Energy is uniquely positioned to bring globally trusted technologies closer to the Kingdom. Through this collaboration with Spirax Sarco, the company will now offer a comprehensive suite of steam system solutions; fully supported by in-Kingdom technical expertise, customer service, and local response. 'Our agreement with Spirax Sarco is a natural extension of our localization agenda,' said Ali Abdulla Kanoo, Deputy Chairman, Yusuf Bin Ahmed Kanoo and President of Kanoo Industrial & Energy. 'By strengthening local access to world-class steam technologies, we are supporting Saudi industries with faster delivery and enhanced service reliability, while contributing to the Kingdom's broader objectives of industrial self-sufficiency.' This distribution agreement will allow Kanoo Energy to represent and supply Spirax Sarco's full range of steam system offerings within Saudi Arabia, including energy audits & services. The initiative aligns closely with the goals of the In-Kingdom Total Value Add (IKTVA) program and the National Industrial Strategy, both of which aim to enhance local capabilities and stimulate economic diversification. Szymon UIanowski, General Manager, Spirax Sarco said: 'Signing this agreement marks the beginning of an exciting new chapter for both Spirax Sarco and Kanoo Energy in Saudi Arabia. We look forward to working closely together to support the Kingdom's energy sector with world-class steam management solutions and localized expertise." Through this agreement, Spirax Sarco joins a growing network of leading international companies working alongside Kanoo Energy to expand its service and technology portfolio in Saudi Arabia. From steam and fluid systems to diagnostics, flow control, and industrial safety services, Kanoo Energy continues to advance an integrated and locally enabled service model that supports Vision 2030's call for a resilient supply chain.
Entrepreneur
20-05-2025
- Business
- Entrepreneur
Tan90 Thermal Solutions Raises INR 20 Cr Series A Led by NABVENTURES
With these funds, Tan90 aims to expand its footprint to 10 additional cities in the coming months, with a particular focus on Tier-II cities. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Tan90 Thermal Solutions, a Chennai-based deep-tech startup focused on sustainable thermal energy management, has raised INR 20 crore in a Series A funding round led by NABVENTURES. The round also saw participation from Blue Ashva Capital, Capital-A, and 3i Partners. The fresh infusion of capital follows Tan90's earlier raise of USD 4.6 million from Social Alpha and other investors. The funds will be strategically deployed to develop new product lines targeted at cold chains, HVAC systems, and data centres. Additionally, Tan90 plans to expand its presence to 10 more Indian cities—particularly Tier-II cities—while establishing a footprint in Southeast Asia, the Middle East, and Africa. "Cooling infrastructure must be on-demand, scalable, and sustainable, without relying on heavy capital investments or outdated systems," said Soumalya Mukherjee, Co-founder of Tan90. "With this funding, we are accelerating our efforts to expand into new industries and markets and build future-ready cooling solutions. We aim to position India as a centre for innovative thermal management while creating globally relevant cooling ecosystems." Founded in January 2019 by three PhD graduates—Soumalya Mukherjee, Rajani Kant Rai, and Shiv Sharma—Tan90 Thermal Solutions offers a range of climate-resilient, energy-efficient thermal management products. The company's proprietary Phase Change Materials (PCMs), developed in-house and covering temperatures from –50°C to +80°C, are at the core of its offerings. These PCMs enable passive cooling by storing latent heat, offering longer cycle lives and double the turnaround time compared to existing alternatives. Tan90's product suite includes: Phase Change Materials (PCMs): For passive cooling in cold chains, logistics, and data centres. For passive cooling in cold chains, logistics, and data centres. Portable Cold Storage Solutions: Insulated containers for maintaining temperatures during transport of perishables. Insulated containers for maintaining temperatures during transport of perishables. Customised Thermal Solutions: Tailored cooling systems for varied industrial needs. Tailored cooling systems for varied industrial needs. Cooling-as-a-Service (CaaS): A capital-light service model active in eight cities, with zero customer churn, helping clients in quick commerce, food logistics, and healthcare. "Tan90 is driving the next phase of thermal innovation with scalable, efficient solutions that align with our mission to enable climate resilience and improve logistics," said Vikas Bhatt, Managing Director, NABVENTURES. Operating near breakeven and posting over 70% CAGR in the past three years, Tan90 is poised to lead India's charge in building innovative, globally scalable thermal energy ecosystems.
Zawya
06-05-2025
- Business
- Zawya
Aed Energy accelerates technology commercialisation With key appointment
Aed Energy, a leading developer of next class long-duration thermal energy storage systems, has appointed Dr. David Bushnell as Head of Product Development. This appointment supports Aed Energy's strategic mission to accelerate clean, affordable energy by advancing its core technology from pilot systems to commercial deployment. David holds a PhD in III-V photovoltaics and brings over two decades of experience in semiconductor and photovoltaics technology development. He has held senior roles in two pioneering energy startups, including his most recent position at Oxford PV, where he led device performance testing and research and development operations in advanced photovoltaics. An accomplished technologist with a focus on advanced technology, product development, and integrated software systems, David will oversee the strategic planning, design, and execution of Aed Energy's product development roadmap. This includes a central role in advancing its MWh-scale thermal battery from pilot to commercial readiness. Reflecting on his appointment, David said: 'I'm thrilled to join the Aed Energy team at such an exciting time. I'm deeply aligned with the company's mission to combat the climate crisis through no-nonsense engineering and innovation. I look forward to working with the team to bring this transformative storage technology to market and support the global shift to clean, sustainable energy.' Commenting on the appointment, CEO, Rayan Kassis said: 'David's addition to the leadership team comes at a pivotal moment in our growth. His extensive technical knowledge and leadership experience combined with his proven track record in taking innovative energy technologies from concept to product will be instrumental in commercially scaling our technology to meet global energy demands. Headquartered in London, Aed Energy is pioneering the next generation of thermal energy storage and power systems. Its breakthrough solution uses low-cost, abundant materials and a proprietary heat-to-power conversion technology to deliver both heat and electricity. Designed for flexibility across grid-scale storage, renewable energy integration, combined heat and power (CHP), and industrial heat processes, Aed Energy's system offers long-duration performance and a cost-competitive alternative to fossil fuels and lithium-ion batteries - helping to accelerate the global transition to affordable, clean energy. Issued on behalf of TWMA by ThinkPR.
