-Brenmiller is replacing Tempo’s fossil fuel boilers with a 32 MWh bGen™ thermal energy storage system to deliver sustainable process heat that is expected to mitigate 6,200 tons of carbon emissions annually
-Tempo, partially owned by Heineken International B.V., is one of Israel’s largest producers and distributors of beverages for brands including Heineken and Pepsi
-Completion of the Tempo project as planned is expected to accelerate and support the conversion of Brenmiller’s current substantial $440 million dollar commercial pipeline into projects with revenues
Brenmiller Energy Ltd. (“Brenmiller”, “Brenmiller Energy” or the “Company”) (Nasdaq: BNRG), a leading global technology provider of thermal energy storage (“TES”) solutions to industrial and utility customers, today announced that it has achieved a major contractual milestone in its groundbreaking TES project for Tempo Beverages Ltd. (“Tempo”) and a critical financial benchmark representing 40% of Tempo’s financial commitment to the project.
Manufacturing of the Company’s bGen™ components will be completed at Brenmiller’s gigafactory and are expected to be shipped on-site for assembly starting mid-January 2025. The Company remains on track to complete the TES system commissioning for Tempo in 2025.
“Our recent accomplishments underscore our dedication to maintaining rigorous project schedules and our ability to deliver on our promises to stakeholders,” said Avi Brenmiller, Chairman and Chief Executive Officer of Brenmiller Energy. “We are excited to move forward with system assembly at Tempo’s beverage processing facility and remain committed to achieving our ambitious timeline for commissioning in 2025.”
Brenmiller is set to replace Tempo’s fossil fuel boilers with a 32 MWh bGen™ ZERO TES system. By enabling the switch from heat derived from fossil fuels to heat derived from electricity, eliminating the use of approximately 2,000 tons of heavy fuel each year, Brenmiller’s bGen™ is estimated to mitigate over 6,200 tons of carbon emissions annually and save Tempo an estimated $7.5 million over 15 years.
For more information about the project and Brenmiller Energy’s latest updates, please visit www.bren-energy.com or contact Tori Bentkover at brenmillerenergy@antennagroup.com.
About bGen™
bGen™ ZERO is Brenmiller’s TES system, 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.
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.
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