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Brenmiller Energy Ltd. Selected to Supply Heat Energy to Wolfson Hospital In Israel
ROSH HAAYIN, Israel--(BUSINESS WIRE)-- Brenmiller Energy Ltd. (“Brenmiller”, “Brenmiller Energy” or the “Company”) (TASE: BNRG, Nasdaq: BNRG), a clean-energy
About this update from Brenmiller Energy Ltd
[{"type":"text","content":" ROSH HAAYIN, Israel--(BUSINESS WIRE)--\nBrenmiller 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, announced today that the Government Procurement Administration of Israel issued a notice on May 25, 2022, regarding an intent to engage with the Company as a sole supplier for the purchase of heat energy at Wolfson Hospital in Israel. Under the proposed engagement Brenmiller will install, at its expense, its thermal energy storage system bGen™, integrate it with the hospital's local energy system, and maintain the installed system.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220527005082/en/Brenmiller Energy's thermal energy storage technology deployed in an industrial setting. (Photo: Business Wire)\nBrenmiller plans to enter into an approximately $5 million, seven and one-half year agreement with Wolfson Hospital under which it will supply heat energy at prices to be agreed between the parties.\n\nIt is unknown yet whether the agreement with Wolfson hospital will be exempt from a tender process. In the event, it is determined that a tender is required for such engagement, then there is no certainty that the Company will secure the project.\n\nAbout Brenmiller Energy\nBrenmiller Energy’s innovative thermal energy storage solutions are accelerating the electrification and decarbonization of the global economy. Founded in 2012 by Avi Brenmiller, former CEO of Siemens CSP and Solel, and a team of other experts in the field of renewable energy, its patented technology heats crushed rocks to very high temperatures, enabling utility and industrial customers to cost-effectively store energy and then convert this energy into steam, hot water or hot air for a variety of applications. The Company has raised more than $90 million and is traded on the Tel-Aviv Stock Exchange and began trading on Nasdaq on May 25, 2022. For more information visit https://bren-energy.com/ and follow us on LinkedIn https://www.linkedin.com/company/brenmiller-energy/mycompany/.\n\nCautionary Note Regarding Forward-Looking Statements\nThis press release contains “forward-looking statements” within the meaning of the safe harbor provis...