Latest news with #TempoBeverages
Miami Herald
18-06-2025
- Business
- Miami Herald
Brenmiller Energy Comments on Reverse Share Split Ahead of Expected Near-Term Milestones
ROSH HA'AYIN, IL / ACCESS Newswire / June 18, 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, today issued a letter from its Chief Executive Officer, Avi Brenmiller. To Our Shareholders, As previously announced, today at the close of trading on the Nasdaq Capital Market, Brenmiller Energy will implement a reverse share split-a strategic and proactive decision made to protect and preserve shareholder value as we approach a critical period of execution on our business objectives. This decision followed extensive internal consideration about the timing and impact of a reverse share split. Ultimately, we determined that the best course of action was to be decisive today, which will allow us to remain focused on what matters most in the days ahead: delivering on our milestones. The value that Brenmiller Energy has built is evident: More than a decade of TES innovation and $118 million in investments have led to deployments across Europe, the U.S., and the Middle EastCommissioning and building over 100 MWh of projectsA $500 million pipeline of commercial opportunities4GWh of manufacturing capacity Let us be clear: a reverse split changes the number of shares outstanding, but it does not impact your ownership. All shareholders-including insiders-are impacted equally by this reverse split. That's not incidental. It's intentional. We are all in this together. Our Company's founders and management, including myself, continue to have significant holdings in Brenmiller Energy. Investors can be assured that all of our interests are aligned. As we are aiming to move towards key implementation milestones for commercial deployment in the near-term, with funding commitments for projects within our existing portfolio, and strategic collaborations-we believe that these future achievements will translate into tangible value for shareholders. We're not waiting for the market to understand what we've built. We are aiming to make it impossible to ignore. As we've shared throughout 2025, we believe that Brenmiller Energy has entered a new phase-one defined by acceleration. Our recent progress with TES projects including Tempo Beverages in Israel and SolWinHy in Spain makes that clear: we believe we are on the verge of a breakout moment with a robust global commercial pipeline and technology that's already proven in the field. The result? Real operating momentum that we believe will spark interest in our technology-and a reappraisal of the value it truly deserves. We thank you for standing with us, and we invite you to stay close. We believe that the weeks ahead won't just validate our vision-they'll define it. Sincerely, Avi BrenmillerCEO, Brenmiller Energy Ltd. 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 it discusses: expected near-term milestones; the timing for implementing a reverse share split; its protecting and preserving shareholder value as the Company approaches a critical period of execution its business objectives;; the Company's future commercial deployment milestones, funding commitments for projects within its existing portfolio, and strategic collaborations and that such future achievements will translate into tangible value for shareholders; future interest in the Company's technology and a reappraisal of its value; and the Company's $500 million pipeline of commercial opportunities. 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
Associated Press
01-05-2025
- Business
- Associated Press
The Spain, Portugal and Iberian Peninsula Blackout Proves We Need Grid Storage – Not More Practice in Fragility
Spain and Portugal just learned a hard lesson about what happens when you rely on centralized power infrastructure in a world that demands energy democratization and resilience. On April 28, much of the Iberian Peninsula went dark. One moment, cities like Madrid, Barcelona, and Lisbon were buzzing. The next, the lights were out, communications collapsed, public transit froze, and basic infrastructure ground to a halt. No attack, no cyber breach—just 'anomalous oscillations' in high-voltage transmission lines. That's how fragile the modern grid is. And yet, energy experts continue to argue about how to respond. Still holding panel discussions. Still publishing white papers. Enough. The solution already exists. Brenmiller Energy (NASDAQ: BNRG ) has developed thermal energy storage (TES) systems that could have halted this chain reaction. And the message we see sent along with its technology—stop the redundant rhetoric and start deploying. A Centralized Grid Creates Systemic Risk Here's the point: the blackout wasn't caused by a lack of power generation—it was grid fragility. Centralized electricity flowing through massive transmission lines creates a single point of failure. Energy experts have known this for years, and yet governments keep doubling down, pouring public funds into bigger, longer grids with zero contingency when they go down. Meanwhile, Brenmiller Energy has spent over a decade perfecting the answer: modular, crushed-rock thermal energy storage that doesn't just support the grid—it democratizes and fortifies it. Brenmiller's bGen system doesn't store electricity—it stores heat. Using crushed rocks, it stores industrial heat at extremely high temperatures that can be retained for days, weeks, or longer. When needed, that heat is released as steam or hot air to drive turbines or fuel industrial processes. No rare earths. No toxic materials. No tedious maintenance or degradation. This isn't a battery with a shelf life—it's a rock-solid system that lasts over 20 years. Clean, stable, and always ready when the grid isn't. What if bGen Had Already Been Deployed in Spain and Portugal? The story would've played out differently: Why the 180? Because Brenmiller's TES units can be installed right where energy is used—at cities, factories, warehouses, and transit hubs. Virtually anywhere. And they operate independently of the national grid. Consider bGen as immune cells. If the grid gets sick, they isolate and sustain the vital organs of society. Even better, they reduce the load on the grid by flattening demand spikes and soaking up excess renewables. That means fewer stresses to begin with. This is resilience—not redundancy. bGen Isn't Theoretical—It's Deployed The most important part of this equation is that bGen responds. It doesn't theorize. Brenmiller's technology is already in the ground. In Israel. In Germany. In Hungary. With Heineken-owned Tempo Beverages, Entelios, and Partner in Pet Food. These aren't test pilots—they're deployed systems that will dispatch energy when needed and, as importantly, manage supply when the grid can't. It works especially well in regions like Southern Europe, where solar power is plentiful but intermittent. Brenmiller's TES system enhances solar's contribution by storing energy during the day and releasing it on-demand 24/7/365—no voltage dropouts and no dependence on potentially combustible battery chemicals. Don't underappreciate the energy bird-in-the-hand that Brenmiller Energy provides. Public agencies and private sector companies can have, notjust hope for, a scalable, modular, and proven solution that could have softened—or outright prevented—the Spain and Portugal (Iberian Peninsula) grid collapse. In other words, policymakers who are still tangled in debates over hydrogen scale-out, lithium-ion limitations, and carbon market ideologies need to get with the program. The actual and deployable one. Let's call it what it is: delay by design. And the cost is paid in blackouts, lost productivity, and even potential loss of life. It's an avoidable risk. Stop Debating and Start Building. We don't need more think tank panels or white papers. We need shovels in the ground. We need thermal storage installed near urban centers. We need energy that doesn't disappear because a power line hiccups. Spain and Portugal will hold inquiries. Reports will be published. Experts will debate. But let's be blunt: none of that will stop the next blackout. Deployment will. If the EU, the U.S., or any country serious about grid resilience wants to future-proof its infrastructure, Brenmiller Energy belongs in every conversation. It has the solutions needed. There's no reason to wait for the next energy catastrophe to use them. Sources and references: Additional Disclaimers and Disclosures:Hawk Point Media Group, LLC. (HPM) has not been compensated to produce and distribute this content. It should be expressly understood that HPM is not operated by a licensed broker, a dealer, or a registered investment adviser. It should also be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. HPM reports/releases are commercial advertisements and are for general information purposes ONLY. The information made available by HPM is not intended to be, nor does it constitute, investment advice or recommendations. The contributors do NOT buy and sell securities covered before or after any particular article, report and/or publication. HPM holds ZERO shares in Brenmiller Energy Ltd. Always do your own due diligence prior to investing in any publicly traded company. While HPM has not been compensated for creating and syndicating this content, HPM discloses having a prior services agreement with the company, and third parties, that expired in April 2025 and 2024, respectively. HPM is a digital marketing and consulting company. Therefore, it is possible that HPM will be retained in the future to create and syndicate digital content for Brenmiller Energy. Accordingly, while fact-based and sourced, our content may portray featured companies in only the most favorable way. A complete disclosure for all services provided and compensated for is linked Statements: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 articcle 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 Hawk Point Media Group Llc's full disclaimer and disclosure statement,clickHERE. Media Contact Company Name: Hawk Point Media Contact Person: Editorial Dept. Email: [email protected] Country: United States Website: Press Release Distributed by To view the original version on ABNewswire visit: The Spain, Portugal and Iberian Peninsula Blackout Proves We Need Grid Storage - Not More Practice in Fragility
Associated Press
23-04-2025
- Business
- Associated Press
Brenmiller Energy: The Thermal Energy Workhorse the Market Needs to Meet (NASDAQ: BNRG)
The energy transition conversation has become an echo chamber—buzzwords, mega-million-dollar raises, and dazzling investor decks from companies long on promises but short on proof. Batteries, hydrogen, carbon capture—all pitched as silver bullets, yet most are still stuck in pilot mode. Amid the noise, one company isn't pitching the future—it's building it. Brenmiller Energy (NASDAQ: BNRG), the Israeli-based thermal energy storage (TES) pioneer with projects across the U.S., Europe, and the Middle East, has quietly become a player in clean industrial heat. Not one of many. As of now— the one. That's no exaggeration. While others continue to refine concepts and run simulations, Brenmiller is executing at scale. Its flagship bGen™ technology stores heat from low-cost or renewable sources—such as solar, waste heat, or off-peak electricity—and releases it on demand 24/7/365. It's already being deployed commercially, not in test beds, but in high-volume industrial environments, including Tempo Beverages, a Heineken subsidiary, where it's expected to slash emissions and stabilize energy costs. In other words, Brenmiller Energy isn't a startup chasing relevance—it's a commercial entity with revenue on the books, global contracts in place, and a project pipeline exceeding $500 million. While that's happening, most 'competitors' are still trying to engineer a breakthrough. And as Brenmiller installs systems and gets paid, Wall Street remains asleep at the switch. Video: Video Link: Empowering Industrial Heat is Brenmiller's Sweet Spot That's fine. It keeps the investment opportunity in play at the retail level. And it may deliver a handsome return. Keep in mind that, despite the spotlight on batteries and renewables, over 50% of global energy consumption is related to heat. That number increases in industrial production, noting that heat touches approximately 60% of production. Still, clean industrial heat barely registers in public discourse. That's not an oversight—it's a blind spot. Batteries and alternative energy sources, such as hydrogen, dominate headlines, but neither is yet ready to scale cost-effectively for industrial heat. The result? Factories worldwide remain locked into fossil-fuel systems because the alternatives are either too expensive, too complex, or still in the development stage. The point is— they don't need to be boxed in. Brenmiller's bGen™ system is deliverable today, integrates seamlessly, and decarbonizes heat processes immediately by turning renewable or surplus energy into steady, on-demand thermal power all day, every day. The better news is that it doesn't compete with solar or wind—it enhances them. Bridging a Gap Left by Other Clean Energy Sources bGen™ fills the service gaps of sources like wind or solar, which can be an unreliable chain of energy custody when conditions aren't right. Not the case for bGen. In all conditions, it stores cleanly generated excess power and discharges it as usable heat, which, by the way, also solves a major bottleneck in grid flexibility. It's not just heat storage—it's grid strategy. Better still, the model scales, offering dual revenue streams through Heat-as-a-Service and infrastructure deployment. Also, remember that in a sector littered with 'potentials,' Brenmiller is already in motion, with major brands on board, partnership support in place, and manufacturing capacity ramping. In other words, the gap between idea and implementation no longer exists—it's been bridged. And while the company is carving a first-mover advantage through crushed rock, it welcomes competition. As its COO recently said, TES isn't a niche—it's a multi-billion, someday trillion-dollar market opportunity. Even a sliver of that future can mean exponential returns for early players and their stakeholders. For now, though, the key difference between Brenmiller and potential competitors is that Brenmiller isn't positioning itself to be one of those on-boarding players—it's already in the game. The World Gets It—But the Market Hasn't Yet And it's being noticed. While U.S. markets remain slow to connect the dots, global accolades are pouring in. Brenmiller has racked up a trophy case of prestigious awards—each a validation of execution, not potential. Highlights include the European Commission's Seal of Excellence, a finalist at BloombergNEF Pioneers 2024, TIME's Best Inventions of 2023, and, most recently, a 2025 Gold Edison Award for Energy Storage and Management. These are not handed out for white papers or pitch decks. They are awarded to companies with technology that has proven to be effective, scalable, and already making a positive impact on the planet. Yet, despite the recognition, the contracts, the partners, an aggressive plan to monetize new, competitively innovative systems through 2030, and the millions in assets on the ground, Brenmiller trades with a market cap of about $11.4 million at press time Tuesday. That's not a typo. In the same space where private TES companies are raising hundreds of millions on projections and pilot systems, Brenmiller is already commercial—with less than 10 million shares outstanding. As of now, it's the only pure-play public TES company available to retail investors, and it's priced like a startup without revenue. Consolidating at under $2/share, the discrepancy between valuation and value is staggering. A recalibration toward private-sector comps would justify a share price north of $50. Just place Brenmiller's technology alongside development-stage startups—that proposition, while it implies a massive gain from its current share price, is supported. And it's not just about the upside—it's about inevitability. With a growing pipeline, a clear path to profitability, and tangibles that warrant value, Brenmiller Energy is more than positioned for growth—it's delivering it. Therefore, don't misunderstand or miscalculate the opportunity—as industrial clients and governments confront decarbonization deadlines, the demand for clean heat solutions will surge. When that moment hits—and it will—investors won't be asking if Brenmiller can deliver. The only question will be why they didn't see it coming and, perhaps more importantly from an investor perspective, didn't capitalize when they had the chance. Additional Disclaimers and Disclosures:Hawk Point Media Group, LLC. (HPM) has not been compensated to produce and distribute this content. It should be expressly understood that HPM is not operated by a licensed broker, a dealer, or a registered investment adviser. It should also be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. HPM reports/releases are commercial advertisements and are for general information purposes ONLY. The information made available by HPM is not intended to be, nor does it constitute, investment advice or recommendations. The contributors do NOT buy and sell securities covered before or after any particular article, report and/or publication. HPM holds ZERO shares in Brenmiller Energy Ltd. Always do your own due diligence prior to investing in any publicly traded company. While HPM has not been compensated for creating and syndicating this content, HPM discloses having a prior services agreement with the company and third parties that expired in April 2025 and 2024, respectively. HPM is a digital marketing and consulting company. Therefore, it is possible that HPM will be retained in the future to create and syndicate digital content for Brenmiller Energy. Accordingly, while fact-based and sourced, our content may portray featured companies in only the most favorable way. A complete disclosure for all services provided and compensated for is linked Statements: Media Contact Company Name: Hawk Point Media Contact Person: Editorial Dept. Email: [email protected] Country: United States Website: Press Release Distributed by To view the original version on ABNewswire visit: Brenmiller Energy: The Thermal Energy Workhorse the Market Needs to Meet (NASDAQ: BNRG)
