ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Brenmiller Energy and Baran Group Team Up to Accelerate Global Deployment of Thermal Energy Storage

Brenmiller Energy and Baran Group Team Up to Accelerate Global Deployment of Thermal Energy Storage

Brenmiller Energy (NASDAQ: BNRG) is expanding the reach of its bGen™ thermal energy storage (TES) solutions through a strategic partnership with Baran Energy, a subsidiary of Israel’s largest engineering firm, Baran Group (TASE: BRAN). This collaboration is expected to drive large-scale adoption of bGen™ technology, with Baran acquiring select projects from Brenmiller’s portfolio and leveraging its engineering expertise to fast-track deployments in Israel and worldwide.

According to Brenmiller, agreement terms allow Baran to acquire select projects from its portfolio and to play a key role in expanding bGen™ deployments in Israel and beyond. Leveraging decades of engineering expertise and strong financial backing, Baran is well-positioned to fast-track project execution, making industrial decarbonization efficient and commercially viable.

Avi Brenmiller, CEO and founder of Brenmiller Energy, said, "We are seeing unprecedented demand for our heat batteries from global industrial leaders, including Fortune 500 companies." He added,"Baran's experience in delivering large-scale infrastructure projects makes them an ideal partner to help us scale rapidly and meet this demand."

The collaboration isn't just about speed—it's about impact. Brenmiller's current project pipeline, valued at over $440 million, represents 103 MWh of bGen™ systems in operation and under construction worldwide. By tapping into Baran's multi-dimensional expertise, the companies intend to accelerate the adoption of TES technology, which is designed to deliver significant cost savings and emissions reductions for industrial users.

At its core, the bGen™ system converts electricity from renewables or the grid into stored heat using crushed rocks, then releases steam, hot air, or hot water on demand. Named one of TIME's Best Inventions of 2023 and as a finalist in the 2025 Edison Best New Products Awards™, it's a proven, scalable solution to help industries transition away from fossil fuels.

Through this partnership, Brenmiller and Baran are proving that clean energy solutions don't have to be slow, complicated, or expensive. They just need the right collaboration.

 

To read the source version, disclaimers, and forward-looking statements related to this content, click HERE.

 

Additional Disclaimers and Disclosures: This is sponsored content. Hawk Point Media Group, LLC. (HPM) has been compensated, or expects to be, to produce, manage, and distribute digital content for Brenmiller Energy Ltd. It should be expressly understood that HPM is not operated by a licensed broker, a dealer, or a registered investment adviser. It should also be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. HPM reports/releases are commercial advertisements and are for general information purposes ONLY. The information made available by HPM is not intended to be, nor does it constitute, investment advice or recommendations. The contributors do NOT buy and sell securities covered before or after any particular article, report and/or publication. HPM holds ZERO shares in Brenmiller Energy Ltd. While HPM does not own or market shares, it is prudent to expect that those hiring HPM, including that company’s owners, employees, and affiliates, may sell some or even all of the Brenmiller Energy Ltd. shares that they own, if any, during and/or after this engagement period. Always do your own due diligence prior to investing in any publicly traded company. Forward-Looking Statements: This article contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Statements that are not statements of historical fact may be deemed to be forward-looking statements. The forward-looking statements contained or implied in this article 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, 2023 filed with the SEC on March 18, 2024, which is available on the SEC’s website, www.sec.gov. Hawk Point Media Group, Llc. undertakes no obligation to update these statements for revisions or changes after the date of this release except as required by law. For Hawk Point Media Group Llc's full disclaimer and disclosure statement, click HERE.

Media Contact
Company Name: Hawk Point Media
Contact Person: Editorial Dept.
Email: info@hawkpointmedia.com
Country: United States
Website: https://hawkpointmedia.com/

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.