Brenmiller to Be Featured at Pantokrator’s “Unlocking the Power of Thermal Energy Storage” Event on May 23, 2024
22 Mayo 2024 - 7:30AM
Business Wire
- Brenmiller will present alongside other major thermal energy
players including Rondo Energy, Antora Energy, and others
- Brenmiller’s mature technology is well suited for the
decarbonization of industrial heat, as evidenced by the Company’s
recent announcement of a project pipeline of $500 million of
potential value
- Register for the online event here: LINK
Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy” or the
“Company”) (Nasdaq: BNRG), a global leader in thermal energy
storage(“TES”), today announced its Chief Operating Officer, Nir
Brenmiller, will present at Pantokrator’s “Unlocking the Power of
Thermal Energy Storage” webinar which begins at 11:00 am ET on May
23, 2024.
According to Pantokrator, a UK-based investment bank focused on
energy transition and sustainability, TES represents one of the
largest emerging investment opportunities in the energy transition
space with a potential impact on 20% of global greenhouse gasses
(GHG). Pantokrator invites all to attend the free live webinar as
TES is a crucial part of long-duration energy storage (LDES) for
renewable energy to become mainline, and it is also a proven and
reliable path in tackling one of the most difficult areas to abate,
industrial heat decarbonization.
Brenmiller, a leader in the TES space, with proven and mature
technology, recently reported its project pipeline valued at $500
million with 49 potential contracts, representing more than 6,000
MWh of zero-emission heat, as of May 1, 2024. Brenmiller is
advancing potential projects in 12 industries across 13
countries.
Brenmiller’s bGen™ TES technology replaces the need for fossil
fuel boilers at industrial and power plants, which contribute to
nearly one-quarter of all global emissions. It uses crushed rocks
to store low-cost electricity from renewable or other sustainable
sources and dispatches steam, hot water or hot air according to
customers’ needs. Brenmiller’s TES technology is modular and highly
configurable and provides heavy-emitting and mission-critical
customers with scalable access to zero-emission heat while ensuring
24/7 operational reliability.
About bGen™ bGen™, Brenmiller’s TES system, converts
electricity into heat to power sustainable industrial processes at
a price that is competitive with natural gas. The bGen™ 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™
also supports the development of utility-scale renewables by
providing critical flexibility and grid-balancing capabilities.
bGen™ 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™ 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 (formerly
Twitter) 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 in this press release when it discusses: the Company
participation alongside other major thermal energy players in
Pantokrator’s event, that TES represents one of the largest
emerging investment opportunities in the energy transition space
with a potential impact on 20% of global GHG, the Company’s project
pipeline valued at $500 million with 49 potential contracts,
representing more than 6,000 MWh of zero-emission heat, as of May
1, 2024, and that the Company is advancing potential projects in 12
industries across 13 countries. 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, 2023 filed with the SEC
on March 18, 2024, which is available on the SEC’s website,
www.sec.gov. The Company undertakes no obligation to update these
statements for revisions or changes after the date of this release,
except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240522575985/en/
Media: Tori Bentkover
brenmillerenergy@antennagroup.com
Brenmiller Energy (NASDAQ:BNRG)
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