Brenmiller Energy Announces Equipment Order for Dimona, Israel Production Facility

ROSH HAAYIN, Israel--(BUSINESS WIRE)--Brenmiller Energy Ltd. ('Brenmiller', 'Brenmiller Energy' or the 'Company') (TASE: BNRG, Nasdaq: BNRG), a clean-energy company that provides Thermal Energy Storage ('TES') systems to the global industrial and utility markets, today announced that is has made a $1.4 million equipment order in connection with the expansion at its automated production facility currently under construction in Dimona, Israel. The equipment, which is critical to the operation of the facility, is expected to be delivered in November 2022.

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'We continue to make progress in our efforts to become one of the leading global suppliers of Thermal Energy Storage systems, 'Avi Brenmiller, Chairman and Chief Executive Officer of Brenmiller Energy. 'This equipment order, which follows the recent drawdown on our credit facility with the European Investment Bank (EIB), is another major milestone for Brenmiller and keeps us on track to reach full production capacity of up to 4,000 MWh per year of bGen thermal storage modules, at our newly upgraded facility in Dimona, Israel by the end of 2023.'

'We believe that this facility will significantly improve Brenmiller's ability to supply the global industrial and utility market with a cost-efficient and clean energy technology, particularly in Europe, where the cost of energy has risen significantly and energy security and reliability are of increasing importance given the geopolitical situation in the region,' continued Brenmiller. 'Our bGen TES solution combines thermal storage, heat exchange, and steam generation solutions to help industrial and utility companies improve their energy efficiency and reliability, as well as their efforts to decarbonize their thermal processes and meet their long-term sustainability goals.'

About Brenmiller Energy

Brenmiller Energy delivers scalable thermal energy storage solutions and services that allow customers to cost-effectively decarbonize their operations. Its patented bGen thermal storage technology enables the use of renewable energy resources, as well as waste heat, to heat crushed rocks to very high temperatures. They can then store this heat for minutes, hours, or even days before using it for industrial and power generation processes. With bGen, organizations have a way to use electricity, biomass and waste heat to generate the steam, hot water and hot air they need for a variety of applications, including, for example, to mold plastic, process food and beverages, produce paper, manufacture chemicals and pharmaceuticals or drive steam turbines without burning fossil fuels. For more information visit the company's website at https://bren-energy.com/ and follow the company on Twitter and LinkedIn.