on Brenmiller Energy (NASDAQ:BNRG)
Brenmiller Energy's bGen Secures EU Funding for Sustainable Heat Project
Brenmiller Energy's bGen™ system, selected for a major solar energy project, will receive €4 million in funding from the European Union's Innovation Fund. This marks the second bGen initiative within two months to gain such support. The project aims to cut 1.45 million tons of CO2 emissions and increase energy efficiency by 104% over a decade.
The project, led by top European energy firms, seeks to replace fossil fuel steam generation in industrial processes with sustainable heat solutions. Brenmiller Europe's 5 MWe bGen system will play a crucial role, contributing significantly to energy efficiency improvements and emission reductions.
Expected to boost Brenmiller's presence in the European market, this development underscores a growing shift towards renewable energy in industrial sectors.
R. E.
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