Brenmiller Energy: A Comprehensive Outlook on Growth, Innovation, and Market Leadership Ahead of 2025 Industry Conferences
Brenmiller Energy Ltd. (“Brenmiller”, “Brenmiller Energy” or the “Company”), a global pioneer in thermal energy storage (“TES”) solutions for industrial and utility applications, continues to expand its presence in the renewable energy sector. As the demand for sustainable and cost-effective energy solutions rises, Brenmiller is poised to play a central role in helping industries transition away from fossil fuels. Ahead of its presentation at the Emerging Growth Conference on February 18, 2025, at 10:15 AM EST, the Company is eager to highlight its growth trajectory, strategic partnerships, and groundbreaking innovations that are reshaping the TES landscape.
Pioneering the Future of Industrial Heat with bGen™ ZERO Technology
Brenmiller Energy’s proprietary bGen™ ZERO TES technology has gained significant traction in industrial and utility markets, with a commercial pipeline exceeding $440 million in potential projects. This technology enables industries to efficiently store and utilize renewable energy, reducing dependence on fossil fuels and lowering carbon emissions. The bGen™ ZERO system converts surplus renewable electricity into heat, stores it efficiently in crushed rock, and releases it on demand to provide sustainable, cost-effective industrial heat.
With an ever-growing need for energy security and cost reduction, companies worldwide are turning to TES solutions. Brenmiller’s bGen™ ZERO is uniquely positioned to meet this demand, as it offers:
- Near-zero emissions industrial heat powered by renewable energy sources.
- Decarbonization of heat-intensive sectors, including manufacturing, petrochemicals, and food processing.
- Operational flexibility to store and deliver heat at varying temperatures according to industrial requirements.
- Cost savings of up to 30% compared to fossil fuel alternatives.
These advantages, combined with supportive government policies and carbon reduction mandates, are fueling rapid adoption of Brenmiller’s technology across multiple industries.
Strategic Expansion and Market Penetration
Brenmiller Energy has strategically expanded its footprint by forming key partnerships and joint ventures worldwide. With over 50% of its commercial pipeline originating in Europe, the Company is leveraging its technological edge to penetrate high-growth markets while diversifying its revenue streams.
Europe: A Stronghold for Growth
Brenmiller’s presence in Europe has been strengthened by the establishment of Brenmiller Europe S.L., a joint venture with renewable energy developers Green Enesys and Viridi. This collaboration is expected to accelerate the adoption of TES technology across European industries seeking to improve energy stability and efficiency.
One of the most notable projects under this initiative is the installation of a 30 MWh bGen™ ZERO system for Partner in Pet Food Hungaria KFT (PPF), one of Europe’s largest private-label pet food manufacturers. The system is projected to reduce PPF’s natural gas consumption by up to 30%, significantly lowering operational costs and emissions. This project is structured under a 12-year Heat as a Service (“HaaS”) agreement, ensuring a stable revenue stream for Brenmiller while providing PPF with long-term cost predictability.
In Germany, the Company has forged a strategic partnership with Entelios AG, positioning itself to capture a substantial share of the German TES market, which is estimated to reach $2.9 billion by 2028. This collaboration aligns with Germany’s aggressive decarbonization targets and aims to provide industries with viable alternatives to fossil-fuel-powered heating systems.
Expanding Beyond Europe: Global Growth Initiatives
Beyond Europe, Brenmiller has been actively expanding into other key markets, including North America, Latin America, and the Middle East. Several high-profile projects illustrate the Company’s increasing global reach:
- Israel: Brenmiller is collaborating with Tempo, a major beverage manufacturer partially owned by Heineken International B.V., to deploy a 32 MWh bGen™ ZERO system. This installation will replace Tempo’s existing fossil fuel boilers, leading to projected energy cost savings of over $7.5 million over 15 years and an annual reduction of 6,200 tons of carbon emissions.
- North America: The Company’s partnership with Rock Energy Storage has expanded its market penetration in the U.S. Since mid-2024, this collaboration has grown Brenmiller’s U.S. commercial pipeline from $150 million to over $210 million, with multiple large-scale projects currently in advanced stages of development.
- Healthcare Sector: Brenmiller secured a $3.55 million contract with Wolfson Hospital, marking a key milestone in the adoption of TES solutions within critical healthcare infrastructure.
- Manufacturing Expansion: To meet growing demand, the Company has entered a manufacturing agreement with TUTCO Heating Solutions Group, a subsidiary of a £5.6 billion industrial technology leader. This partnership will enable large-scale production of bGen™ ZERO units and enhance Brenmiller’s ability to serve multinational industrial clients.
The Economics of Thermal Energy Storage and Market Dynamics
The global energy storage market is projected to grow at a 23% compound annual growth rate (CAGR) through 2030, driven by:
- Government incentives and carbon reduction policies promoting industrial decarbonization.
- Rising electricity costs, making energy-efficient solutions more attractive.
- The shift toward electrification and grid modernization.
- Increasing adoption of heat-as-a-service business models that offer predictable and lower-cost energy solutions.
Brenmiller’s business model is well-aligned with these trends, as it leverages both direct technology sales and performance-based revenue models such as HaaS, ensuring financial scalability and sustainable long-term growth.
Introducing bGen™ ZTO: The Next Frontier in TES Innovation
In 2025, Brenmiller is set to revolutionize the industrial heating landscape once again with the launch of bGen™ ZERO Thermal Oil (bGen™ ZTO). Designed for industries that rely on thermal oil heating—such as pharmaceuticals, chemicals, petrochemicals, and food processing—this cutting-edge TES solution will provide a zero-emissions alternative to conventional fossil fuel-powered thermal oil systems.
Key benefits of bGen™ ZTO include:
- Nearly 100% cycle efficiency, minimizing energy losses.
- Low maintenance requirements, reducing operational costs.
- Elimination of fossil fuel dependency, leading to long-term sustainability gains.
The Company has already identified eight commercial projects valued at approximately $170 million for bGen™ ZTO, underscoring strong early demand for this innovative technology.
