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Brenmiller Signs MoU with ENASCO to Pioneer Nuclear SMR-Integrated Thermal Energy Storage Solutions: Targeting $50 Million in Projects by 2030
Brenmiller Signs MoU with ENASCO to Pioneer Nuclear SMR-Integrated Thermal Energy Storage Solutions: Targeting $50 Million in Projects by 2030

Miami Herald

time7 days ago

  • Business
  • Miami Herald

Brenmiller Signs MoU with ENASCO to Pioneer Nuclear SMR-Integrated Thermal Energy Storage Solutions: Targeting $50 Million in Projects by 2030

Commercial roadmap includes: first joint bGen TES projected expected to launch in 2027, three projects worth $50 million by 2030, and develop a pipeline of 15-20 projects with a potential value of $650 million by 2035 Pilot integrations planned to power AI data centers SMR capacity could reach up to 120 GW by 2050, requiring more than $670 billion in global investment according to theInternational Energy Agency (IEA) ROSH HA'AYIN, IL / ACCESS Newswire / July 16, 2025 / Brenmiller Energy Ltd. (Nasdaq:BNRG), (the "Company", "Brenmiller" or "Brenmiller Energy") a leading global provider of Thermal Energy Storage ("TES") solutions for industrial and utility customers, announced today it has signed of a non-binding Memorandum of Understanding ("MoU") with ENASCO Ltd. ("ENASCO"), a specialist in nuclear Small Modular Reactor ("SMR") project development. The collaboration marks another step towards Brenmiller's expansion into the nuclear energy sector and aligns with the Company's recent announcement that it is developing a new version of its TES to be tailored for SMR and high-resilience industrial applications. Under the MoU, Brenmiller and ENASCO will collaborate to study, develop and commercialize integrated solutions combining Brenmiller's proprietary bGen™ TES system with advanced Liquid Metal Reactor ("LMR")-based SMRs. The initiative targets enhanced energy efficiency, operational safety, and system flexibility across electric, thermal, and hydrogen applications. "In cooperation together with ENASCO, we plan to leverage our complementary capabilities to explore creating a scalable, high-efficiency hybrid platform that answers the energy market's need for clean and dispatchable baseload power," said Doron Brenmiller, Chief Business Officer of Brenmiller Energy. "In the near term, we plan to target the AI data center market which, according to a McKinsey & Co. report, will account for almost 12% of total power demand in the U.S. by 2030." Commercial Roadmap and Market Potential According to the International Energy Agency (IEA), SMR capacity could reach up to 120 GW by 2050, requiring more than $670 billion in global investment. The MoU outlines a phased roadmap, including: 2026: Form strategic alliances with SMR vendors and pilot integration with AI data centers2027: Launch first joint hybrid SMR+TES project2030: Deploy three commercial-scale projects with a combined target value of $50 millionBy 2035: Build a pipeline of 15-20 hybrid projects across Europe and the Americas, with a potential value of up to $650 million Strategic Rationale: Enabling the Future of Nuclear-Thermal Hybrid Systems The bGen™ TES system is uniquely positioned to address core challenges in SMR deployment. When coupled with LMRs-known for their high operating temperatures (~500-550°C) and low-pressure designs-bGen™ offers: Enhanced Passive Safety: Acts as a passive heat sink during emergency shutdowns or grid outages, improving SMR safetyStreamlined Design: Eliminates the need for separate steam generators or redundant heat exchangers, reducing CapExGrid Flexibility: Supports load following, time-shifting, and ancillary market participationScalability: Supports a wide range of project sizes, from 10 MWh pilots to multi-GWh utility-scale systems About ENASCO Ltd. ENASCO Ltd. provides advanced engineering, feasibility analysis, and strategic consulting for SMR deployments across Europe. With an established track record in nuclear energy design, grant writing, consortium management, and policy advisory, ENASCO is a recognized contributor to the evolution of modular nuclear infrastructure. 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 when discussing: the terms of the MoU with ENASCO Ltd. and potential projects and pipeline as a result of the MoU; that the Company together with ENASCO plans to leverage complementary capabilities to explore creating a scalable, high-efficiency hybrid platform that answers the energy market's need for clean and dispatchable baseload power; that the Company plans to target the AI data center market which will account for almost 12% of total power demand in the U.S. by 2030; that SMR capacity could reach up to 120 GW by 2050 and require more than $670 billion in global investment; that the bGen TES system is uniquely positioned to address core challenges in SMR deployment; and the benefits of bGen when coupled with LMRs . The Company and ENASCO Ltd. may not ultimately reach agreement on definitive agreements and the transactions and projects contemplated by the MoU may not occur. 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. Contact: investors@ SOURCE: Brenmiller Energy

Brenmiller's bGen is Part of a Sustainable Heat Project to Receive Funding from European Union Innovation Fund: €4,000,000 Estimated for Brenmiller Europe's Supply of bGen
Brenmiller's bGen is Part of a Sustainable Heat Project to Receive Funding from European Union Innovation Fund: €4,000,000 Estimated for Brenmiller Europe's Supply of bGen

Miami Herald

time14-07-2025

  • Business
  • Miami Herald

Brenmiller's bGen is Part of a Sustainable Heat Project to Receive Funding from European Union Innovation Fund: €4,000,000 Estimated for Brenmiller Europe's Supply of bGen

bGen was selected as the thermal energy storage system for a large-scale solar energy project led by a top European utility company Marks the second bGen project within two months selected to receive European Union non-dilutive project funding 5 MWe bGen expected to contribute to the avoidance of 1.45 M tons of CO2 equivalent over 10 years and a 104% increase in energy efficiency Project configuration enables effective replacement of fossil-fuel-based steam generation in industrial processes ROSH HAAYIN, ISRAEL / ACCESS Newswire / July 14, 2025 / Brenmiller Energy Ltd. (Nasdaq:BNRG), (the "Company", "Brenmiller" or "Brenmiller Energy") a leading global provider of Thermal Energy Storage ("TES") solutions for industrial and utility customers, announced today that a large-scale solar energy project which integrates the Company's bGen™ TES solution has been selected to receive funding from the European Union's Innovation Fund 2023 Call for Net Zero Technologies. The project is now advancing toward the grant agreement phase, subject to the conclusion of off-take agreements between the project lead and end customers. The project, which is led by and involves some of the world's largest energy companies, aims to accelerate the deployment of sustainable heat solutions in Europe. As part of the project, Brenmiller Europe S.L. ("Brenmiller Europe"), the Company's Spain-based joint venture, is expected to supply distributed bGen™️ TES systems with a total electrical charge capacity of approximately 5 MWe, representing approximately €4 million in revenues to Brenmiller Europe for the equipment sale. "We are proud that bGen™ is the TES system of choice for one the world's top energy companies leading this project. Funding from the European Union's Innovation Fund accelerates this pioneering initiative, which we believe is an important step in an ambitious plan that may lead to replication of the concept across Europe's industrial sector," said Avi Brenmiller, Chairman and Chief Executive Officer at Brenmiller Energy. "This project serves as a great example of the kind of high-profile, large-scale projects in our commercial pipeline that are advancing into project funding and potentially converting into revenues. We view this development as a significant milestone in expanding our presence in the European energy market, particularly in the fields of industrial heat and steam decarbonization," Mr. Brenmiller concluded. Based on documents filed with the European Union Climate, Infrastructure, and Environment Executive Agency, the project is expected to generate a 104% increase in energy efficiency supplying sustainable heat to industry by decoupling steam demand from power consumption. The project is also expected to avoid more than 1.45 million tons of CO2 equivalent over its first ten years of operation. This innovative, integrated solution combines renewable energy, TES, and high-temperature heat pumps, significantly boosting the use of green heat to power industry. 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 when discussing: that the Company's bGen™ systems will receive funding by the European Union; that the EU grant may potentially lead to revenues; 5 MWe bGen™ is expected to contribute to the avoidance of 1.45 million tons of CO₂ equivalent over 10 years; that the project is expected to result in a 104% increase in energy efficiency; that the project configuration is expected to enable effective replacement of fossil-fuel-based steam generation in industrial processes; that the project is advancing toward the grant agreement phase, subject to off-take agreements between the lead and end customers; that Brenmiller Europe is expected to supply distributed bGen™ TES systems totaling 5 MWe, representing approximately €4 million in revenues; that the project may lead to replication of the concept across Europe's industrial sector; that the project is expected to supply sustainable heat by decoupling steam demand from power consumption; and that the integrated solution is expected to significantly boost the use of green heat in industry. 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. Contact: investors@ SOURCE: Brenmiller Energy

Brenmiller's bGen is Part of a Sustainable Heat Project to Receive Funding from European Union Innovation Fund: €4,000,000 Estimated for Brenmiller Europe's Supply of bGen
Brenmiller's bGen is Part of a Sustainable Heat Project to Receive Funding from European Union Innovation Fund: €4,000,000 Estimated for Brenmiller Europe's Supply of bGen

USA Today

time14-07-2025

  • Business
  • USA Today

Brenmiller's bGen is Part of a Sustainable Heat Project to Receive Funding from European Union Innovation Fund: €4,000,000 Estimated for Brenmiller Europe's Supply of bGen

bGen was selected as the thermal energy storage system for a large-scale solar energy project led by a top European utility company Marks the second bGen project within two months selected to receive European Union non-dilutive project funding 5 MWe bGen expected to contribute to the avoidance of 1.45 M tons of CO 2 equivalent over 10 years and a 104% increase in energy efficiency Project configuration enables effective replacement of fossil-fuel-based steam generation in industrial processes Brenmiller Energy Ltd. (Nasdaq:BNRG), (the 'Company', 'Brenmiller' or 'Brenmiller Energy') a leading global provider of Thermal Energy Storage ('TES') solutions for industrial and utility customers, announced today that a large-scale solar energy project which integrates the Company's bGen™ TES solution has been selected to receive funding from the European Union's Innovation Fund 2023 Call for Net Zero Technologies. The project is now advancing toward the grant agreement phase, subject to the conclusion of off-take agreements between the project lead and end customers. The project, which is led by and involves some of the world's largest energy companies, aims to accelerate the deployment of sustainable heat solutions in Europe. As part of the project, Brenmiller Europe S.L. ('Brenmiller Europe'), the Company's Spain-based joint venture, is expected to supply distributed bGen™️ TES systems with a total electrical charge capacity of approximately 5 MWe, representing approximately €4 million in revenues to Brenmiller Europe for the equipment sale. 'We are proud that bGen™ is the TES system of choice for one the world's top energy companies leading this project. Funding from the European Union's Innovation Fund accelerates this pioneering initiative, which we believe is an important step in an ambitious plan that may lead to replication of the concept across Europe's industrial sector,' said Avi Brenmiller, Chairman and Chief Executive Officer at Brenmiller Energy. 'This project serves as a great example of the kind of high-profile, large-scale projects in our commercial pipeline that are advancing into project funding and potentially converting into revenues. We view this development as a significant milestone in expanding our presence in the European energy market, particularly in the fields of industrial heat and steam decarbonization,' Mr. Brenmiller concluded. Based on documents filed with the European Union Climate, Infrastructure, and Environment Executive Agency, the project is expected to generate a 104% increase in energy efficiency supplying sustainable heat to industry by decoupling steam demand from power consumption. The project is also expected to avoid more than 1.45 million tons of CO 2 equivalent over its first ten years of operation. This innovative, integrated solution combines renewable energy, TES, and high-temperature heat pumps, significantly boosting the use of green heat to power industry. 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 when discussing: that the Company's bGen™ systems will receive funding by the European Union; that the EU grant may potentially lead to revenues; 5 MWe bGen™ is expected to contribute to the avoidance of 1.45 million tons of CO₂ equivalent over 10 years; that the project is expected to result in a 104% increase in energy efficiency; that the project configuration is expected to enable effective replacement of fossil-fuel-based steam generation in industrial processes; that the project is advancing toward the grant agreement phase, subject to off-take agreements between the lead and end customers; that Brenmiller Europe is expected to supply distributed bGen™ TES systems totaling 5 MWe, representing approximately €4 million in revenues; that the project may lead to replication of the concept across Europe's industrial sector; that the project is expected to supply sustainable heat by decoupling steam demand from power consumption; and that the integrated solution is expected to significantly boost the use of green heat in industry. 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. Contact: investors@ SOURCE: Brenmiller Energy View the original press release on ACCESS Newswire

VIEWPOINT: How Thermal Energy Storage Can Maximize the Promise and Instill Safety in Nuclear SMRs
VIEWPOINT: How Thermal Energy Storage Can Maximize the Promise and Instill Safety in Nuclear SMRs

Miami Herald

time12-07-2025

  • Business
  • Miami Herald

VIEWPOINT: How Thermal Energy Storage Can Maximize the Promise and Instill Safety in Nuclear SMRs

This third installment of Brenmiller Energy's (NASDAQ:BNRG) "Viewpoint" Series explores how the Company's bGen™ system can help unlock the full potential of Small Modular Reactor (SMR) technology. Energy industry veteran and Chief Executive Officer Avi Brenmiller explains how thermal energy storage can bridge the gap between safe, clean heat generation and real-world demand. TEL AVIV, IL / ACCESS Newswire / July 11, 2025 / For decades, nuclear energy has sat at the center of the clean energy debate. It's powerful, reliable, carbon-free-and divisive. Critics point to high costs, operational rigidity, and the mismatch between steady-state output and a grid now shaped by real-time demand and fluctuating renewables. But the truth is, the reactor isn't the problem. It's what happens after the reactor does its job. The good news? That problem is solvable. Brenmiller Energy (NASDAQ:BNRG) (the "Company" or "Brenmiller") - a publicly traded thermal energy storage (TES) company-is one of the few players offering a practical, proven energy storage solution. Its bGen™ system, when modified for SMRs, can act as a thermal buffer, storing clean heat from nuclear reactors and releasing it on demand 24/7/365. It's potentially an innovative fix to one of nuclear's biggest limitations - and potentially one of the most important enablers of the nuclear renaissance no one's talking about yet. But that silence isn't likely to last. Why? As governments invest hundreds of millions in Small Modular Reactors (SMRs) and the reactivation of dormant nuclear sites, they're discovering that critical pieces are missing from the equation: flexibility, dispatchability, and load-following. In short, nuclear needs a buffer-something that can take its powerful, clean, steady heat and make it not only more nimble but usable. Brenmiller's bGen™ thermal storage system provides exactly that. And it does so with a simplicity that's almost deceptive in its power. The Ally Nuclear Has Always Needed Let's start with the obvious: nuclear is great at one thing-baseload. It produces a constant stream of heat and electricity, day and night, rain or shine. But in today's world, that's not always an asset. Modern grids are increasingly volatile, shaped by solar and wind generation that can spike or drop in minutes. Industrial customers need heat when their processes call for it-not necessarily when the reactor happens to be online at full power. And utilities are under pressure to reduce over-generation and improve capacity factor economics without overbuilding. That's a tall order for nuclear. But it's precisely the kind of problem Brenmiller's TES platform was built to solve. Our bGen™ system can store thermal energy - whether from a solar field or industrial waste heat - and releases it on demand. It acts like a giant thermal battery, decoupling generation from consumption. If our bGen™ is configured for an SMR, the nuclear reactor can keep humming at its optimal set point while bGen™ could handle the peaks, troughs, and timing mismatches. And bGen™ isn't a theoretical solution - it's commercially proven, already deployed in four countries, and being adapted for the next wave of applications like SMR.. In July 2025, we announced that Brenmiller is developing a new bGen™ configuration specifically engineered for SMRs and high-resilience industrial applications. This product builds on our commercially deployed platform and reflects insights from the installation with Enel, a major European utility company, where bGen™ was used to decarbonize combined heat and power operations. Unlike conventional nuclear storage integrations, this version of bGen™ requires only minor engineering adjustments. Its high thermal mass, passive heat absorption, built-in heat exchanger, and compatibility with secondary and tertiary nuclear loops make it a natural fit for SMR-linked projects. These features also support decay heat removal, load following, and real-time grid balancing - all essential to meet modern energy expectations. With the SMR market projected to grow at a 30% CAGR to $72 billion by 2033, we believe our timing and technology positioning are aligned with a global resurgence in nuclear investment, driven by the need for cleaner computing, AI infrastructure, and industrial decarbonization at scale. Potential Synergies of SMRs and TES Take Oklo and Nano Nuclear Energy, two emerging leaders in the SMR space. Both are developing compact, next-generation reactors built to deliver reliable, carbon-free energy in decentralized, industrial, and off-grid environments. But even with innovative designs, they face the same limitation: delivering safe clean heat on demand - not just when the reactor produces it. Brenmiller's bGen™ system is aiming to cure this shortfall. Following the adaptation of the bGen™ system for SMRs that is under development, we believe that when paired with SMRs, it will enable true demand-driven delivery. The result? Potentially constant generation with flexible dispatch and improved economics. With a TES configured for SMR, capacity factors could stay high and heat could be stored when the market doesn't need it and sold when prices spike or customers call. With our development of TES configured for SMR, we aim to ensure that nuclear will be not just clean, but also safe, agile, profitable through Energy-as-a-Service (EaaS) models, and relevant in a world demanding both sustainability and responsiveness. Safety and Risk Reduction Through Thermal Buffering Beyond flexibility, TES also improves the safety profile of nuclear systems - a critical factor for regulatory acceptance and public confidence. The bGen™ system can absorb decay heat - the residual thermal energy that continues after a reactor is shut down. This passive heat removal capability can support safer shutdown procedures and mitigate thermal transients, which can otherwise stress reactor materials and control systems. TES can also reduce: The need for reactor oversizing to meet peak loadsThe risk of load rejection during low-demand periodsUnnecessary thermal cycling that shortens equipment life In short, thermal storage could add not just operational value-but structural and safety value. A Better Business Model for Atomic Energy Still, we believe that Brenmiller's value-add doesn't stop at technical integration - it can impact nuclear's business case. By absorbing and time-shifting thermal output, we aim to enable the adapted bGen system to allow nuclear operators to avoid overbuild while serving more customers. Utilities can size SMRs more efficiently and sell heat as a service to nearby industrial clients. Large-scale hydrogen production can operate intermittently without idling reactors. District heating networks gain new reliability and cost stability. In short, we believe that the adaptation of Brenmiller's bGen™ system will give nuclear leverage. It's not just about storing heat - it's about enabling new revenue streams, de-risking operations, and accelerating return on investment across complex deployments. And that's what the sector needs right now. Because nuclear power is no longer just a policy decision. It's a business. And businesses need flexibility to win. Clean Heat on Demand Let's not forget what's at stake here. Industrial heat accounts for more than 25% of global final energy consumption. And most of it still comes from fossil fuels. While electricity is going green fast, thermal energy has lagged behind - not because we lack clean sources, but because we lack the systems to make clean heat dispatchable. This is the bottleneck. And we believe that Brenmiller's TES tech is one of the very few solutions on the market that's modular, commercially ready, and fuel-agnostic. That last part matters. Because while today's conversation may be about nuclear, Brenmiller's bGen™ is currently being deployed as a solution for electrification of industrial heat from different sources. That means it's not just a bolt-on - it's infrastructure. And for any clean heat strategy to succeed, infrastructure wins the day. Action Over Debate and Academia The nuclear sector doesn't need another whitepaper or pilot-it needs tools that work today. Our systems are already operational, with global collaborations in energy and industry. And with the current development of our new bGen™ configuration for SMRs, we're aiming to deliver a technology designed to support clean baseload generation with the responsiveness that today's grid and industrial customers demand. While others remain in R&D, we are actively shaping the energy infrastructure of tomorrow through modifications to our existing bGen platform. If nuclear is going to thrive - not just survive - it will need TES solutions as a key ally. We believe that bringing TES into the nuclear conversation could be what finally proves the skeptics wrong about the most powerful energy source on Earth. By Avi Brenmiller, Chief Executive Officer, Brenmiller Energy Ltd., a global provider of thermal energy storage solutions deployed across Europe, Israel, and the U.S. 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 Company's belief that its bGen™ system can help unlock the full potential of SMR technology; that the Company expects that nuclear energy's limitations can be solved with its bGen™ thermal buffer system; that the Company anticipates increasing interest in its solution as governments invest in SMRs and nuclear site reactivations; that the bGen™ system will be able to provide flexibility, dispatchability, and load-following needed for modern nuclear applications; the Company's belief that bGen™ is a match for addressing timing mismatches and peak demands in energy use; the future adaptation of the bGen™ for SMR applications and its future advantages; future SMR market growth estimations; that bGen™ will be able to improve the safety profile of nuclear systems by passively absorbing decay heat; and that the adapted bGen™ system can enable new revenue streams, de-risk operations, and accelerate ROI. 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

Brenmiller Energy Releases Annual ESG Report Highlighting Commercial Expansion, Carbon Tracking, and Sustainable Innovation
Brenmiller Energy Releases Annual ESG Report Highlighting Commercial Expansion, Carbon Tracking, and Sustainable Innovation

Miami Herald

time10-07-2025

  • Business
  • Miami Herald

Brenmiller Energy Releases Annual ESG Report Highlighting Commercial Expansion, Carbon Tracking, and Sustainable Innovation

Report details progress in Environmental, Social, and Governance priorities and strengthens investor transparency The full ESG report is available: HERE To view Brenmiller's latest investor deck please click: HERE DIMONA, IL / ACCESS Newswire / July 10, 2025 / Brenmiller Energy Ltd. (Nasdaq:BNRG), a leading global provider of Thermal Energy Storage ("TES") solutions for industrial and utility customers, announced today it has published its annual Environmental, Social, and Governance (ESG) Report. The 2024 report reflects a pivotal year in the Company's transition from pilot-scale validation to full-scale commercial execution, and its expanding commitment to sustainable operations across its value chain. "This report reflects a year of execution, impact, and maturity as we position Brenmiller as a global TES leader," said Avi Brenmiller, Chairman and Chief Executive Officer. "We are not only helping our customers reach their net-zero goals, but are also aiming to set a benchmark for ESG performance in the clean energy sector." The report outlines how Brenmiller is executing its multi-year ESG roadmap (2023-2026), strengthening climate risk integration, and advancing full carbon emissions tracking in accordance with its greenhouse gas ("GHG") Protocol and Task Force for Climate-Related Financial Disclosures ("TCFD"). Key Strategic Highlights Strategic Shift to Commercialization: Transitioned from pilot-scale projects to commercial installations with global collaborations including Tempo Beverages, Wolfson Hospital, and Partner in Pet Food Hungaria Expansion: Established a Spain-based joint venture, Brenmiller Europe S.L., to lead regional marketing, engineering, procurement, and project execution in Innovation through Automation: Advanced lean manufacturing processes at the TES gigafactory have reduced scrap generation and improved energy Risk Integrated into Risk Management: Climate-related risks now formally included in enterprise risk assessments and ESG GHG Tracking: Full Scope 1 and 2 emissions tracked in 2024; Scope 3 data collection in progress with full coverage expected by end of Execution of ESG Roadmap (2023-2026): Regular performance monitoring aligned with risk management and long-term strategy. ESG Category Highlights Environmental (E): Gigafactory Milestone: Operationalized the world's first TES gigafactory; at full capacity, it can reach 4 GWh of annual Reduction Potential: At full production capacity, TES manufacturing is estimated to result in approximately 38,000 tons of CO₂e emissions Production: Rock-drying with solar power, new dust collection system, and waste recycling integrated into factory processes. Social (S): Zero Workplace Accidents: Maintained an incident-free safety record in 2024, with 12+ hours of training per manufacturing employee.100% Staff Training Completion: All employees completed training in safety, compliance, and professional Engagement: Supported hospitals, kindergartens, and elder care facilities in Dimona through employee-led initiatives. Governance (G): Board Strength and Independence: 86% of board members have prior public board experience; 57% bring cleantech or energy ESG Oversight: ESG risks managed under the Company's Enterprise Risk Management ("ERM") program and monitored by the Audit Committee of the Company's Board of Ethics Culture: Code of Conduct, Insider Trading Policy, and Anti-Corruption compliance enforced across the organization. Continued ESG Commitment Brenmiller Energy views ESG as a core pillar of its business strategy and long-term value creation. The Company remains committed to continuous improvement and will continue working toward the ambitious ESG goals outlined in its 2023-2026 roadmap. ESG performance will remain a key driver of Brenmiller's innovation, risk management, and stakeholder engagement in the years 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 position as a global TES leader; that the Company will set a benchmark for ESG performance in the clean energy sector; that the Company will reach full carbon emissions tracking in line with GHG Protocol and TCFD; the Company's ability to reach Scope 3 emissions data collection with full coverage expected by end of 2025; the Company's execution of the ESG roadmap; that the TES gigafactory will reach 4 GWh of annual production at full capacity; that at full production capacity, TES manufacturing is estimated to result in approximately 38,000 tons of CO₂e emissions annually; and that the ESG performance will remain a key driver of innovation, risk management, and stakeholder engagement. 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. Contact: investors@ SOURCE: Brenmiller Energy

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