Brenmiller Energy Ltd
NASDAQ Capital MarketCapital 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
- Avraham Brenmiller
- Full Time Employees
- 52
- Sector
- Utilities
- Industry
- Renewable Utilities
- Address
- 13 Amal Street Rosh Haayin 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 Achieves Major Commercial Milestone as Tempo Project Successfully Begins Delivering Steam During Ongoing Commissioning Phase
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Brenmiller Energy Marks Construction Milestone for Wolfson Medical Center Clean Heat Project
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Brenmiller Energy Expands Offering to Supply Clean Heat and Power to Industrial Customers by the Launch of 'BNRG360' Integrated Energy Platform for Customers, Marking a Strategic Evolution to an Integrated Energy Company
Brenmiller Energy Ltd. Announces Expected Implementation of 7-for-1 Reverse Share Split
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Brenmiller Energy Founder & CEO Avi Brenmiller Wins Merage Industry Leader Award