Brenmiller Energy Ltd. (Brenmiller) a global leader in Thermal Energy Storage (TES), has completed its milestone in the construction of its production facility in Dimona, Israel where the company’s bGen TES modules are manufactured.
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.
Full production capacity for up to 4,000 MWh of clean energy bGen TES modules annually is expected by the end of 2023. The equipment purchase order was financed through a non-dilutive €7.5 million credit facility with the European Investment Bank (EIB).
Commenting on the facility, Brenmiller President and CEO Avi Brenmiller said, “We believe Brenmiller is on track for another TES industry first—that, by the end of 2023, it will become one of the first global TES companies with an operational TES production facility that will enable it to service the growing market demand. The impending completion of our production facility is well timed, as we expect to increase commercial orders based on our current project pipeline and the completion of pilot projects now underway.”
