Brenmiller Energy says sustainable heat project using bGen to receive funding

Brenmiller Energy (BNRG) announced that a large-scale solar energy project which integrates the Company’s bGen TES solution has been selected to receive funding from the European Union’s Innovation Fund 2023 Call for Net Zero Technologies. The project is now advancing toward the grant agreement phase, subject to the conclusion of off-take agreements between the project lead and end customers. The project, which is led by and involves some of the world’s largest energy companies, aims to accelerate the deployment of sustainable heat solutions in Europe. As part of the project, Brenmiller Europe, the Company’s Spain-based joint venture, is expected to supply distributed bGen TES systems with a total electrical charge capacity of approximately 5 MWe, representing approximately EUR 4 million in revenues to Brenmiller Europe for the equipment sale.