Brenmiller Energy Ltd. (“Brenmiller”) (BNRG), a clean-energy company that provides Thermal Energy Storage (“TES”) systems to the global industrial and utility markets, today announced that is has made a $1.4 million equipment order in connection with the expansion at its automated production facility currently under construction in Dimona, Israel. The equipment, which is critical to the operation of the facility, is expected to be delivered in November 2022.
“We continue to make progress in our efforts to become one of the leading global suppliers of Thermal Energy Storage systems, “Avi Brenmiller, Chairman and Chief Executive Officer of Brenmiller Energy. “This equipment order, which follows the recent drawdown on our credit facility with the European Investment Bank (EIB), is another major milestone for Brenmiller and keeps us on track to reach full production capacity of up to 4,000 MWh per year of bGen thermal storage modules, at our newly upgraded facility in Dimona, Israel by the end of 2023.”
“We believe that this facility will significantly improve Brenmiller’s ability to supply the global industrial and utility market with a cost-efficient and clean energy technology, particularly in Europe, where the cost of energy has risen significantly and energy security and reliability are of increasing importance given the geopolitical situation in the region,” continued Brenmiller. “Our bGen TES solution combines thermal storage, heat exchange, and steam generation solutions to help industrial and utility companies improve their energy efficiency and reliability, as well as their efforts to decarbonize their thermal processes and meet their long-term sustainability goals.”
