Company: BNRG
Filing Date: 2025-05-01
Form Type: F-1/A
Source: 0001213900-25-038040
Chunk: 11

Company: Brenmiller Energy Ltd.
Filing Date: 2025-05-01
Form: F-1/A
Chunk 11
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-site assembly. The current production line is designed to support an annual
capacity of up to 1 GWh of bCube™ thermal storage units, which aligns with our existing project pipeline.

Our
Dimona facility, inaugurated on May 2, 2023, is Industry 4.0 compliant and has been designed to accommodate a fully automated production
process. As of the end of the first quarter of 2025, the facility reached full automation, supporting a production capacity of 1 GWh annually.
The facility is built with infrastructure and flexibility to scale up to a production capacity of up to 4 GWh per year, subject to increased
market demand and the receipt of additional orders beyond our current capacity.

The
facility has also been designed with replicability in mind, enabling the establishment of similar gigafactories in strategic markets such
as Europe and the United States. This approach supports localized manufacturing, shortens supply chains, and reduces logistics costs.

While
the initial build-out of the Dimona plant was financed through a non-dilutive €7.5 million credit facility agreement with the European
Investment Bank, or the EIB, of which €4 million was withdrawn in July 2022—we did not draw on the remaining €3.5 million
tranche. Instead, we plan to prioritize investment in localized production facilities in Europe and the U.S. to support our global expansion
strategy.

Tempo

On
February 13, 2025, our contractor has started assembling our 32 MWh bGen™ ZERO TES system for Tempo. Accordingly, we remain on track
to complete the TES system commissioning for Tempo by the end of 2025. The contractor is responsible for ensuring that the construction
and installation of Tempo’s bGen™ TES system complies with safety standards, includes mechanisms for supervision, reporting
and coordination with Brenmiller, and stays on schedule. Under the contract we are is set to replace Tempo’s fossil fuel boilers
with a 32 MWh bGen™ ZERO TES system. By enabling the switch from heat derived from fossil fuels to heat derived from electricity,
eliminating the use of approximately 2,000 tons of heavy fuel each year, our bGen™ is estimated to mitigate over 6,200 tons of carbon
emissions annually and save Tempo an estimated $7.5 million over 15 years.

bGen ZTO

On February 4, 2025, we announced
that we have