Company: BNRG
Filing Date: 2025-06-13
Form Type: POS AM
Source: 0001213900-25-054302
Chunk: 5

Company: Brenmiller Energy Ltd.
Filing Date: 2025-06-13
Form: POS AM
Chunk 5
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 energy supplies with the demand and bridge the gap between renewable energy and conventional power sources.
Accordingly, we believe TES systems such as our bGen™ system have become essential to the industrial sectors and the renewable
energy market to ensure the reliability and stability of steam and other energy supplies.

We have developed our
bGen™ technology over the last thirteen years and have tested it across three generations of demonstration units at various sites
globally. Our bGen™ technology uses crushed rocks to store heat at temperatures of up to 1,400 degrees Fahrenheit (760 degrees
Celsius) and is comprised of several key elements inside one unit: thermal storage units called bCubes, heaters, heat exchangers,
electricity conversion to high temperature heat and a steam generator. The use of crushed rock as a means of heat storage results in
no hazardous challenges to the environment and enhances system durability so that even after tens of thousands of charge and discharge
cycles, the storage material does not degrade and so there is no need to replace the storage media. Additionally, the bGen™ technology
can be charged with multiple heat sources, such as, residual heat, and electrical heat from renewables, as well as from electrical sources
using electric heaters which are embedded within the TES system. The TES system dispatches thermal energy on demand in the form of steam,
which can be saturated for industrial use, or in the form of a superheated steam, which can be used to activate steam turbines.

In 2023, we also started
the implementation of our new business models, the Energy as a Service, or EaaS, model, which includes also the Heat as a Service, or
HaaS, model, wherein we install a TES bGen system for the benefit of third party customers at a customer’s site
and provide operation and maintenance services. We then sell energy (steam, hot air, etc.) to the customer at agreed upon prices. The
EaaS model is more suitable to industrial customers who are not energy experts and wish to outsource their energy services.

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On August 9, 2023, we unveiled the next generation of our market-leading, high-performance TES system, the bGen™ ZERO as part of our strategic focus to deliver cost-efficient, zero-carbon emissions heat. By electrifying heat, the bGen™ ZERO is designed to address growing market demand for decarbonization solutions in the industrial and power sectors. The bGen™ ZERO