Brenmiller Energy Ltd
NASDAQCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Nir Brenmiller
- Full Time Employees
- 46
- Sector
- Utilities
- Industry
- Renewable Utilities
- Address
- 13 Amal Street Rosh Haayin HM Israel 4809249
- IPO Date
- May 25, 2022
- CIK
- 0001901215
- Website
- bren-energy.com
- Similar Companies
- Business
- Brenmiller Energy Ltd is an Israel-based company specializing in the development, production, marketing, and sale of advanced thermal energy storage (TES) systems designed to enable electrification and decarbonization across industrial and energy sectors. Founded in 2012 and headquartered in Rosh HaAyin, Israel, Brenmiller Energy markets its proprietary TES technology under the bGen brand, offering solutions that store renewable energy and dispatch it as clean heat or steam on demand. The company’s product portfolio includes modular, scalable thermal batteries capable of producing saturated steam for industrial use or superheated steam for power generation applications, alongside power-to-heat and heat-to-heat conversion systems. Brenmiller's technology stores thermal energy in solid-state materials, facilitating the replacement of fossil fuel boilers with renewable electricity-driven thermal solutions to decarbonize heat generation, which accounts for over half of global energy consumption. The company serves industrial facilities, power plants, commercial clients, and utilities globally, delivering turnkey projects that include equipment supply, installation, integration, and long-term maintenance services. Its Energy-as-a-Service model enables clients to reduce upfront costs and operational risks, buying steam and grid services while Brenmiller manages system financing and operation. Recent major developments include strategic agreements such as a system purchase agreement with Baran Energy for deployment of two bGen ZERO TES systems at Tempo Beverages and Wolfson Medical Center in Israel, totaling 44 MWh. Brenmiller also secured up to $25 million in private equity financing to fund growth and entered a memorandum of understanding with ENASCO Ltd. to develop hybrid SMR (small modular reactor) and bGen platform solutions targeting projects valued at up to $650 million by 2035. New product innovations include the bGen ONE technology with a 50% performance improvement and the bGen ZTO system tailored for thermal oil heating markets. Brenmiller maintains a commercial pipeline exceeding $500 million, underpinned by multiple European and global projects, including a €7 million green methanol project funded by the European Hydrogen Bank. Brenmiller Energy operates as a leading player in renewable energy equipment and services, focusing on sustainable thermal energy storage to support the transition to a cleaner, more resilient energy future. Its innovative TES platforms contribute to carbon emissions reduction by integrating renewable power sources such as photovoltaics, wind, and grid electricity into heat generation processes across various geographic markets, reinforcing its role in energy-intensive industrial decarbonization and utility-scale renewable integration. The company is publicly traded on NASDAQ under the ticker BNRG.
Brenmiller Energy Expands Strategic Footprint in Hungary, Advancing Its First BrenX Industrial Energy Resource Center
Brenmiller Energy Introduces BrenX, a Long-Term Strategy for Expanding Beyond Thermal Energy Storage into Integrated Energy Infrastructure
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Brenmiller Energy Achieves Major Commercial Milestone as Tempo Project Successfully Begins Delivering Steam During Ongoing Commissioning Phase
Brenmiller Energy Appoints Nir Brenmiller as Chief Executive Officer to Lead Commercial Growth and Expand BNRG360(TM) Strategy
Brenmiller Energy Ltd. Announces Expected Implementation of 5-for-1 Reverse Share Split
Brenmiller Adds ISO/IEC 42001 Certification to Support AI-Enabled Optimization as Commercial TES Deployments and BNRG360 Strategy Scale
Brenmiller Energy Issues Business Update Highlighting Commercial Breakthrough, First TES Revenue and BNRG360 Growth Strategy
Brenmiller Energy Highlights McKinsey Analysis Pointing to a Potential 16 Billion Euro European Market Opportunity for Thermal Energy Storage
Brenmiller Energy CEO Avi Brenmiller Issues Letter to Shareholders
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As European Gas Prices Double, Brenmiller Energy Accelerates Clean Heat Strategy
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Brenmiller Energy and Rock Energy Storage to Present on Integrating SMRs with Thermal Energy Storage at IDEA Campus 2026
Brenmiller Energy Marks Construction Milestone for Wolfson Medical Center Clean Heat Project
Brenmiller Energy Executes on Technology Roadmap with Early Launch of bGen ONE(TM)
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Brenmiller Energy Provides Tempo Project Operational Update