Thermal Energy Storage (TES) solutions
Search documents
Brenmiller Reports First Half 2025 Financial Results, Operational Updates, and Upcoming Catalysts
Accessnewswire· 2025-09-30 13:15
Core Insights - The company projects revenues of $1.7 million for 2026 based on execution milestones for the Tempo project [1] - A Systems Purchase Agreement has been signed with Baran Energy for the Tempo and Wolfson projects, which includes milestone-based payments, profit sharing, and service revenues [1] - Brenmiller has deployed 103 MWh in cumulative projects and has a robust global pipeline of commercial opportunities valued at $500 million [1] - The company signed a private placement agreement for up to $25 million in equity financing to support growth [1] Financial Performance - The financial results reported are for the six months ended June 30, 2025 [1] - The company is recognized as a leading global provider of Thermal Energy Storage (TES) solutions for industrial and utility customers [1]
Brenmiller Signs System Purchase Agreement with Baran Energy for bGen ZERO Systems at Tempo Beverages and Wolfson Medical Center
Accessnewswire· 2025-09-29 20:05
Core Insights - Brenmiller Energy Ltd. is set to receive milestone-based payments for the sale of bGen systems, along with profit sharing from future income generated from these projects and revenue from maintenance and operations services [1] - This transaction provides a non-dilutive capital injection, aligning with Brenmiller's capital-efficient growth strategy and enabling the advancement of its global project pipeline, which is valued at over $500 million [1] - The milestone signifies a significant evolution in the relationship between Brenmiller and Baran Energy Ltd., following the signing of a strategic collaboration agreement in February 2025 [1] Company Overview - Brenmiller Energy Ltd. is recognized as a leading global provider of Thermal Energy Storage (TES) solutions, catering to industrial and utility customers [1] - The collaboration with Baran Energy Ltd. marks a strategic partnership aimed at enhancing operational capabilities and expanding market reach [1]