on Brenmiller Energy (NASDAQ:BNRG)
Brenmiller Energy Signs Agreement with Baran Energy for bGen ZERO Systems
Brenmiller Energy has signed a System Purchase Agreement with Baran Energy for the development of two bGen ZERO Thermal Energy Storage (TES) systems at Tempo Beverages and Wolfson Medical Center. This transaction allows Brenmiller to receive milestone-based payments and profit sharing, with Baran Energy taking ownership of the projects but Brenmiller maintaining intellectual property rights. The collaboration aims to boost Brenmiller's global project pipeline valued at over $500 million.
Baran Energy, a subsidiary of Baran Group, will offer its expertise in infrastructure development to further Brenmiller's TES projects. This agreement marks a significant step in their relationship since a strategic collaboration was formed in February 2025. Brenmiller's bGen™ ZERO system, recognized among TIME's Best Inventions of 2023, helps industries transition from fossil fuels by converting electricity into heat for industrial processes. The partnership is positioned to accelerate project development and strengthen both companies' market positions.
R. P.
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