Brenmiller bGen(TM) Green e-Methanol Project in Spain Secures +€25 Million Funding from European Hydrogen Bank
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 www.bren-energy.com.
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 https://bren-energy.com/ 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, www.sec.gov. 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 Ltd.
press release
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Von der Leyen and Trump strike EU-US trade deal with 15% tariff for the bloc
The trade deal will introduce a 15% tariff for the vast majority of EU products. But some will benefit from a "zero-for-zero" scheme. View on euronews
Yahoo
an hour ago
- Yahoo
Liverpool close in on SPECTACULAR €78m deal
Liverpool are now close to securing a massive deal. It isn't their first of the summer and it won't be the last. Liverpool have struck some of the biggest deals anywhere this summer. Florian Wirtz arrived for a club-record amount, of course, while Hugo Ekitike wasn't too far behind that. Shop the LFC Store LFC Kits Shop Now LFC x New Era Shop Now LFC Signed Merch Shop Now LFC x Titleist Shop Now Both full-back positions have record signings, too. Milos Kerkez and Jeremie Frimpong are now the most Liverpool have spent at left-back and right-back, respectively. It's been an unprecedented summer of deals for the Reds, who have moved massively to upgrade their title-winning team. What we haven't really seen yet, though, are moves in the other direction. Trent Alexander-Arnold left quickly to join Real Madrid, with Los Blancos paying a small fee for the last month of his contract. Caoimhin Kelleher and Jarell Quansah have both moved on, too, though neither were first-team regulars last season. But those regulars do have to depart - Liverpool must make room for the arrivals, after all. Now it seems like that is in fact happening as the Reds close in on a major sale. Luis Diaz to Bayern Munich Sky Sports reports that Bayer Munich and Liverpool are now very close to sealing a deal for Luis Diaz. Bayern will pay around €79m for the Colombian. That's essentially what Liverpool wanted as an asking price this summer. €80m was the quoted figure and while Bayern have avoided putting up that much, they're awfully close. Liverpool were always going to be open to selling Diaz for the right price given he's in the final two years of his contract. It's taken some time to get there - both Bayern and Barcelona saw offers rejected - but it appears an agreement is here.
Yahoo
an hour ago
- Yahoo
Liverpool inch CLOSER to Alexander Isak deal as agreement struck
Liverpool are now closing in on an agreement for Alexander Isak after an agreement was found to sell a key player. The Swede striker is the dream target for Richard Hughes in the remainder of the summer transfer window. The club's sporting director is doing everything in his power to get the deal over the line. Diogo Jota: Thank you LFC Kits Shop Now LFC x New Era Shop Now LFC Signed Merch Shop Now LFC x Titleist Shop Now It's not going to be an easy transfer. Isak wants the move. He's ready to leave Newcastle and he's made his intentions clear. Liverpool can also afford him and there's room for him to come into the team in terms of the club's wage bill. The only obstacle is the obdurate stance made by Newcastle. They are reluctant to let go of their prized asset. And they don't want to at this moment in time. Whether the changes, remains to be seen. Behind the scenes, Newcastle are certainly working on deals to prepare for life without Isak and that's why Yoane Wissa and Benjamin Sesko have both been approached. Whether they can get those deals over the line remains to be seen. But one domino has certainly fallen that's very much required to make this deal happen. Liverpool are in a good financial position. However, they are also well stocked in attack. With the arrival of Hugo Ekitike, there isn't really an immediate free spot for Isak in the squad. In order to make room for him, Liverpool have had to sell some of their current options. This is already in the works though, with Liverpool now just inches away from selling Luis Diaz to Bayern Munich. According to Florian Plettenberg an agreement has been struck between the Reds and Bayern Munich for the transfer of Diaz with the fee being €75 million. The Colombian is now expected to travel to Germany from Japan and undergo a medical. Should those things go in order, he will become a Bayern player and he will leave a void that the Reds have to fill in attack. At first glance considering he is a left-winger, you may think Liverpool would have to sign a left-winger rather than Isak. But the reality is that Diaz played a lot of the season as a no.9, given Slot preferred to play him over Darwin Nunez in the role. Not to mention Ekitike is someone who can also play on the wing, and therefore it's not the left-wing that needs bolstering the most but the centre-forward position. For that role, Isak is the best player in his position in the Premier League, if not the world. With Diaz's departure, his move to Liverpool has moved one step closer. If everything else goes according to plan, Newcastle bring in the replacements they need, Isak should be at Anfield come the end of the summer. The first domino has fallen.
