Company: BNRG
Filing Date: 2025-03-04
Form Type: 20-F
Source: 0001213900-25-020178
Chunk: 47

Company: Brenmiller Energy Ltd.
Filing Date: 2025-03-04
Form: 20-F
Item: Item 3
Chunk 47
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, and commissioning. Occupies minimal space due to its unlimited s...  

  Impressive Steam Power Generation: Delivers substantial steam power generation, offering a stable steam supply for various power, commercial and industrial applications.  

  Smart and Safe Operations: Features an intelligent module operation package with predictive maintenance and optimized performance based on market prices one day ahead, coupled with storage perf...  

The unveiling of this new
product underscores a strategic evolution in our focus on power-to-heat for the industrial market. The bGen ZERO design, paired with performance
improvements, presents a multi-use solution to tap into decarbonization which we believe will unlock new revenue streams across applications
including grid services. We have also identified two avenues in which to offer our product in order to expand access to our TES solution:

  Direct Equipment Sale: We continue to offer our second-generation TES solution for direct purchase by and integration with industrial facilities and power plants. We plan to generate recurring ...  

  Energy as a Service: We plan to generate recurring revenue streams by partnering with clean energy utilities for grid services. We provide the bGen™ ZERO technology and integration while the pa...  

bGen™ Cool

On
July 18, 2024, we announced that we will expand our proprietary technology’s capabilities and develop a Cold Thermal
Energy Storage, or CTES, solution for data center applications, called the bGen™ Cool. Leveraging the bGen™’s core
competencies, we expect minimal investment is needed to adapt our existing proprietary TES technology to meet data center
demand.

bGen ZTO

On
February 4, 2025, we announced that we have commenced the development of a TES system, the bGen ZERO Thermal Oil™, or bGen ZTO,
designed to electrify thermal oil for industrial applications. Planned for commercial availability in 2026, bGen ZTO is a modular TES
system that will combine an internal electric conversion for storage with integrated heat exchange, achieving nearly 100% cycle efficiency
through simplified maintenance and indirect oil heating with minimal degradation, smooth stability, and limited breakdown, if any, while
heating thermal oil up to 340 degrees Celsius.

Business Strategy and Addressable Markets

We
are focused on the sale of thermal storage equipment using several business models. To date, the completed projects employ the sale of
equipment model in which we design and sell our equipment to third party customers, install the equipment at the customer’s site
and