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Brenmiller Energy Marks Construction Milestone for Wolfson Medical Center Clean Heat Project

  • Brenmiller Energy (NASDAQ: BNRG) broke ground on a $4 million thermal energy storage (TES) project at Wolfson Medical Center in Holon, Israel.
  • The initiative was developed in collaboration with Baran Energy, a subsidiary of the Baran Group Ltd., & endorsed by the Israeli Ministries of Health, Energy, & Finance.
  • The 12 MWh bGen™ TES system will replace existing fossil fuel steam boilers with an electricity-based solution to supply clean steam 24/7.
  • Construction is scheduled for completion in 2026, with commercial operations anticipated to begin in early 2027.
  • The project is expected to reduce carbon emissions by approximately 3,900 tons annually, equivalent to over 90% of local greenhouse gas emissions.
  • Annual energy cost savings are projected to reach approximately $1.5 million.
  • The system operates under an Energy-as-a-Service (ESCO) model, charging from the electric grid during off-peak hours.
  • The ceremony was attended by hospital leadership, government representatives, & executives from Brenmiller Energy & Baran Energy.