Business
Brenmiller bGen(TM) Green e-Methanol Project in Spain Secures +€25 Million Funding from European Hydrogen Bank
bGen™ thermal energy storage system to be charged using renewable energy to store and provide 56 MWh of clean heat for green e-methanol production at SolWinHy
About this update from Brenmiller Energy Ltd
[{"type":"text","content":"bGen™ thermal energy storage system to be charged using renewable energy to store and provide 56 MWh of clean heat for green e-methanol production at SolWinHy Cadiz S.L.SolWinHy selected as one the European Union's top green hydrogen projects with plans to deliver 6,500 tons of green hydrogen annually for 30,000 tons of green e-methanol, 100% renewable energy from off-grid solar and wind, and sustainable water sourced from local waste water plantProject demonstrates the potential of hydrogen and e-fuels to decarbonize the European Union's industrial, power generation, and transportation sectorsProject is part of Brenmiller Europe's $200 million pipelineof commercial opportunities that are advancing toward funding and implementation MADRID, SPAIN / ACCESS Newswire / May 23, 2025 / Brenmiller Energy Ltd. (\"Brenmiller\", \"Brenmiller Energy\" or the \"Company\") (Nasdaq:BNRG), a leading global provider of thermal energy storage (\"TES\") solutions for industrial and utility customers, announced today that the European Hydrogen Bank, has granted SolWinHy Cádiz S.L. (the \"SolWinHy Project\") in Arcos de la Frontera, Spain, €25 million in funding. From the total project CAPEX, €7 million are earmarked for Brenmiller's bGen™ TES. The project is slated to commence in the first quarter of 2026 when Brenmiller expects to receive a purchase order for the bGen™ andassociated services. SolWinHy is a special purpose company jointly owned by leading renewable energy developers Green Enesys Group (\"Green Enesys\") and Viridi RE (\"Viridi\") to build new green hydrogen and green e-methanol projects in Europe. Green Enesys and Viridi are Brenmiller's joint venture partners in Brenmiller Europe S.L. (\"Brenmiller Europe\") which currently has a growing project pipeline of commercial opportunities valued at over $200 million.\"We believe that this +€25 million project funding from the European Hydrogen Bank is a strong validation of bGen™'s critical place in Europe's clean energy ecosystem and demonstrates the value of our industry-leading TES technology globally\" stated Brenmiller's Chairman and Chief Executive Officer, Avi Brenmiller. \"We've worked diligently with our partners Green Enesys and Viridi to complete the front-end engineering and design that led to the financing of the SolWinHy Project. This is a model for how we plan to roll out...