Press release
Brenmiller Energy and Baran Group Team Up to Accelerate Global Deployment of Thermal Energy Storage
According to Brenmiller, agreement terms allow Baran to acquire select projects from its portfolio and to play a key role in expanding bGen Trademark deployments in Israel and beyond. Leveraging decades of engineering expertise and strong financial backing, Baran is well-positioned to fast-track project execution, making industrial decarbonization efficient and commercially viable.
Avi Brenmiller, CEO and founder of Brenmiller Energy, said, "We are seeing unprecedented demand for our heat batteries from global industrial leaders, including Fortune 500 companies." He added, "Baran's experience in delivering large-scale infrastructure projects makes them an ideal partner to help us scale rapidly and meet this demand."
The collaboration isn't just about speed-it's about impact. Brenmiller's current project pipeline, valued at over $440 million, represents 103 MWh of bGen Trademark systems in operation and under construction worldwide. By tapping into Baran's multi-dimensional expertise, the companies intend to accelerate the adoption of TES technology, which is designed to deliver significant cost savings and emissions reductions for industrial users.
At its core, the bGen Trademark system converts electricity from renewables or the grid into stored heat using crushed rocks, then releases steam, hot air, or hot water on demand. Named one of TIME's Best Inventions of 2023 and as a finalist [https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fedisonawards.com%2F2025-finalists%2F&esheet=54203598&newsitemid=20250211375230&lan=en-US&anchor=Finalist&index=2&md5=7f5e981a491aae456969416dbdb4289d] in the 2025 Edison Best New Products Awards Trademark , it's a proven, scalable solution to help industries transition away from fossil fuels.
Through this partnership, Brenmiller and Baran are proving that clean energy solutions don't have to be slow, complicated, or expensive. They just need the right collaboration.
To read the source version, disclaimers, and forward-looking statements related to this content, click HERE [https://finance.yahoo.com/news/brenmiller-energy-baran-energy-accelerate-133000231.html] .
Additional Disclaimers and Disclosures: This is sponsored content. Hawk Point Media Group, LLC. (HPM) has been compensated, or expects to be, to produce, manage, and distribute digital content for Brenmiller Energy Ltd. 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. While HPM does not own or market shares, it is prudent to expect that those hiring HPM, including that company's owners, employees, and affiliates, may sell some or even all of the Brenmiller Energy Ltd. shares that they own, if any, during and/or after this engagement period. Always do your own due diligence prior to investing in any publicly traded company. Forward-Looking 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 article 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, 2023 filed with the SEC on March 18, 2024, which is available on the SEC's website, www.sec.gov . 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 law. For Hawk Point Media Group Llc's full disclaimer and disclosure statement, click [https://hawkpointmedia.com/disclaimer-and-disclosures-bnrg-0224-2/] .
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