Brenmiller’s bGen™ Shortlisted for Product of the Year by Energy Storage Awards
September 13 2023 - 7:00AM
Business Wire
bGen thermal energy storage system also
shortlisted for “Grid-Scale Co-Located or Hybrid Project of the
Year” category
Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy” or the
“Company”) (Nasdaq: BNRG), a leading global provider of thermal
energy storage (“TES”) solutions for utility and industrial
markets, today announced that its industry-leading bGen TES system
has been shortlisted for the 2023 Energy Storage Awards in the
Product of the Year and Grid-Scale Co-Located or Hybrid Energy
Storage Project of the Year categories.
The Energy Storage Awards aims to reward excellence and hard
work in the European industry, recognizing the pioneering spirit
and dedication to positive change it represents. Final awards will
be announced at a ceremony that will take place on September 28,
2023, in London, UK.
Brenmiller’s award-winning bGen™ and recently launched bGen ZERO
are mature, scalable, and cost-effective systems that convert
electricity into heat to provide industrial process power and
enable 24/7 renewable energy management. The Company’s strategic
focus is to decarbonize industrial and power generation sectors by
scaling low-cost and sustainable TES systems that capture power
from renewable resources or the grid and that generate steam, hot
water or hot air on demand.
“It’s an honor to see our bGen shortlisted for these two awards,
including Product of the Year, and for our grid-scale project with
Enel, from the Energy Storage Awards. In order for the energy
transition to happen seamlessly, renewable energy needs to be
affordable and available around the clock, and we believe our
thermal energy storage solution is one of the most cost-efficient,
durable, and high-performance options available on the market
today,” stated Avi Brenmiller, CEO and Chairman of Brenmiller
Energy.
About Brenmiller Energy Ltd. Brenmiller Energy delivers
scalable thermal energy storage solutions and services that allow
customers to cost-effectively decarbonize their operations. Its
patented bGen thermal storage technology enables the use of
renewable energy resources, as well as waste heat, to heat crushed
rocks to very high temperatures. They can then store this heat for
minutes, hours, or even days before using it for industrial and
power generation processes. With bGen, organizations have a way to
use electricity, biomass and waste heat to generate the clean
steam, hot water and hot air they need to mold plastic, process
food and beverages, produce paper, manufacture chemicals and
pharmaceuticals or drive steam turbines without burning fossil
fuels. 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 and Israeli 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 states
that in order for the energy transition to happen seamlessly,
renewable energy needs to be affordable and available around the
clock. 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, 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 and trade,
legal, social and economic risks and the risks associated with the
adequacy of existing cash resources. 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, 2022 filed with the SEC on March 21, 2023, 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/20230913300759/en/
Media: Tori Bentkover
brenmillerenergy@antennagroup.com
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