Brenmiller Energy: “TIME Magazine ‘Best Inventions of 2023’” and Bloomberg BNEF 2024 Pioneers Finalist Accolades Drive Value Proposition

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Brenmiller Energy (BNRG) is demonstrating that innovation in the energy sector is not limited by company size. As a small-cap clean energy firm, Brenmiller is rapidly emerging as a leader, positioning itself among industry giants with its unique thermal energy storage (TES) solutions. In fact, the company's size has proven to be an advantage, allowing it to swiftly adapt to the rising global demand for sustainable energy alternatives.

This agility, coupled with its cutting-edge technology, has earned Brenmiller significant industry recognition. In 2023, it was named one of TIME's Best Inventions in the Green Energy category and received accolades as an Innovation Champion at the EIB AdVenture Debt Summit. Brenmiller was also a finalist in BloombergNEF's BNEF Pioneers competition and was shortlisted in multiple categories at the 2023 Energy Storage Awards. These recognitions not only enhance Brenmiller’s resume but also validate the company’s potential to compete with — and even disrupt — traditional energy markets.

At the core of Brenmiller's success and quickening growth is its advanced bGen™ technology, which converts electricity into heat to offer multi-industry clients a proven, cost-effective, and adaptable alternative to fossil fuel boilers. While that's driving new client interest, perhaps the more attractive feature of Brenmiller's bGen™ technology is that it can significantly lower or even entirely eliminate carbon emissions while insulating industries from volatile natural gas prices, providing predictable long-term energy cost visibility. Notable to the entire value proposition is that Brenmiller's flagship system isn't trying to reinvent antiquated fossil-fuel-burning technology to create energy.

Transformative clean energy solution...

On the contrary, its bGen™ system represents a transformation in how energy is created and stored. It uses crushed rocks — yes, rocks — to store energy as heat, reaching temperatures of up to 1,200°F (648.9°C) with a versatility and efficiency that can best every known traditional fossil fuel-based system regarding energy creation and storage. The potentially better news for Brenmiller, its clients, the planet, and, of course, its investors, including insiders that own a substantial chunk of the outstanding shares, is that its technology is serving an enormous market opportunity. The bGen™ system offers an ideal solution, and in some cases, could be a perfect candidate for mandated replacements in industries where high-temperature heat is essential – in other words, virtually all of them.

That reality has caused Brenmiller's project pipeline to swell. The company recently reiterated its projections to record over $440 million in revenues by turning current agreements into long-term contracts. An example of how small deals can grow into substantial opportunities is exemplified through its five-year distribution agreement with Rock Energy Storage, which is projected to generate over $150 million in sales over the term of that engagement. While this is undoubtedly impressive, Brenmiller has made it clear it does not intend to curb its ambitions and slow the pace of adding to that nearly half a billion in business.

Instead, building on its established momentum, the company introduced the bGen™ ZERO system, which uses renewable energy to continuously produce high-temperature heat — another accretive piece in its mission to decarbonize industrial processes. To keep pace with the anticipated increase in deal flow, Brenmiller has made significant strides to upgrade and fortify its services infrastructure. In October 2023, with backing from the European Union, the company opened the world's first thermal battery gigafactory in Dimona, Israel. This facility is more than a milestone reached for Brenmiller; it could be a game-changer for the entire TES industry, as it significantly increases production capacity to meet the growing global demand for clean energy solutions.

Promises made can be kept...

In other words, Brenmiller is well-equipped to keep the promises it’s made. Its technological edge and scalability position the company better than at any time in its history to capture a sizable share of a TES market projected to be worth trillions by 2040. That mission is in progress, and unlike many of its competitors, Brenmiller's technology is already making a real-world impact. A partnership with the New York Power Authority at SUNY is demonstrating the effectiveness of its TES system, which is expected to reduce 550 metric tons of greenhouse gas emissions annually.

This proven success is more than validation; it also sets Brenmiller apart from competitors, including major industry players like Siemens Energy and Lumenion, whose TES solutions, while good, focus on lower-temperature applications. In contrast and as noted, Brenmiller's bGen™ system can store thermal energy at significantly higher temperatures. Combining that advantage with cost-effectiveness and operational efficiencies, Brenmiller presents a more scalable and versatile solution for a broad range of industrial applications. That's not all.

Its use of crushed rock as an energy storage medium also checks the right boxes by lowering capital expenditures and reducing costs for long-term maintenance. Additionally, with its new gigafactory operational, the company is fueled to scale production — an advantage many of its competitors have yet to achieve on a commercial level. That competitive edge may become a growth catalyst of significant proportions, noting that the European Union is not merely asking its industries to reduce carbon emissions — it's mandating them to, compelled by some of the world's most stringent climate regulations that will substantially penalize offenders.

Brenmiller serves a new era in climate change enforcement...

In this new era of climate change enforcement, simply paying a fine may no longer suffice. That harsher punitive reality may be what levels the playing field for all manufacturers and industries. In other words, large companies could be made smaller from non-compliance, thereby opening the competitive floodgates to those companies that play by the rules. Know this: the latter won't come without significant process changes, which could be excellent news and a demand driver for a company like Brenmiller Energy. With its business footprint expanding into the U.S., Europe, Canada, India, and Latin America, Brenmiller may be poised to capitalize on a sweet spot of opportunity sooner rather than later.

Thus, don't underestimate or under-appreciate the value that small-cap Brenmiller Energy is ushering into the energy markets. Its contribution is innovative, cost-effective, proven, and serves a massive global demand for clean energy solutions. That demand isn't receding, either, with companies around the world facing increasing pressure to transition to clean sources of renewable energy. With that in mind, Brenmiller's bGen™ and bGen™ ZERO systems may be the perfect partners, not only for compliance considerations but also for their superior technologies that can save companies millions of dollars over time. Simply put, these systems offer what could be the most optimal known methods of generating continuous heat, increasing energy storage efficiency, and decarbonizing operations.

If that's not the ultimate win-win-win proposition for Brenmiller clients, its stakeholders, and the planet, we're anxious to know what is.

Additional Disclaimers and Disclosures: This is sponsored content. Hawk Point Media Group, LLC. (HPM) has been compensated, or expects to be, to produce 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 and has never owned stock 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. 

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