{"id":798925,"date":"2025-01-08T08:34:43","date_gmt":"2025-01-08T13:34:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/brenmiller-energy-grows-u-s-commercial-pipeline-to-over-210-million-in-conjunction-with-distribution-partner-rock-energy-storage\/"},"modified":"2025-01-08T08:34:43","modified_gmt":"2025-01-08T13:34:43","slug":"brenmiller-energy-grows-u-s-commercial-pipeline-to-over-210-million-in-conjunction-with-distribution-partner-rock-energy-storage","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/brenmiller-energy-grows-u-s-commercial-pipeline-to-over-210-million-in-conjunction-with-distribution-partner-rock-energy-storage\/","title":{"rendered":"Brenmiller Energy Grows U.S. Commercial Pipeline to Over $210 Million in Conjunction with Distribution Partner, Rock Energy Storage"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Brenmiller Energy Grows U.S. Commercial Pipeline to Over $210 Million in Conjunction with Distribution Partner, Rock Energy Storage<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><i>Public funding for Long-Duration Energy Storage (LDES) projects sends encouraging signals for bGen\u2122 ZERO technology adoption<\/i><\/li>\n<li><i>Several bGen\u2122 projects under development could potentially benefit from state and federal grant opportunities<\/i><\/li>\n<\/ul>\n<p>TEL AVIV, Israel&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fbren-energy.com%2F&amp;esheet=54175252&amp;newsitemid=20250108196249&amp;lan=en-US&amp;anchor=Brenmiller+Energy+Ltd.&amp;index=1&amp;md5=f5ff7dd8507aaa001d158f1493b861ad\">Brenmiller Energy Ltd.<\/a> (&#8220;Brenmiller&#8221;, &#8220;Brenmiller Energy\u201d or the \u201cCompany\u201d) (Nasdaq: BNRG), a leading global energy provider of thermal energy storage (\u201cTES\u201d) solutions to industrial and utility markets, today announced that its pipeline of potential commercial projects being pursued and developed in collaboration with its exclusive distribution partner in the Northeast U.S., Rock Energy Storage, LLC (\u201cROCK\u201d or \u201cRock Energy Storage\u201d), has substantially advanced, growing from $150 million to over $210 million in value.<\/p>\n<p>\nSince Brenmiller and Rock Energy Storage <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.businesswire.com%2Fnews%2Fhome%2F20240606637013%2Fen%2FBrenmiller-and-Rock-Energy-Storage-Sign-Exclusive-Distribution-Agreement-Covering-Northeast-U.S.&amp;esheet=54175252&amp;newsitemid=20250108196249&amp;lan=en-US&amp;anchor=signed+an+exclusive+distribution+agreement&amp;index=2&amp;md5=060dc8977f15fdb0db836e984445efb2\">signed an exclusive distribution agreement<\/a> in June 2024, ROCK has identified several specific state and federal grant opportunities for which bGen\u2122 ZERO TES systems are eligible. The two companies are currently collaborating with U.S. project partners to secure grant project financing through the anticipated funding rounds, which are expected to open in 2025.<\/p>\n<p>\n\u201cWe are highly encouraged by the initial responses to our bGen\u2122 ZERO technology for use in U.S. projects at various stages of development and are very pleased with the pace at which our collaboration with Rock Energy Storage is moving forward. Rock Energy Storage is advancing dozens of potential bGen\u2122 projects, with high levels of interest in our ability to deliver favorable economics,\u201d said Avi Brenmiller, Chairman and Chief Executive Officer of Brenmiller Energy.<\/p>\n<p>\n\u201cU.S. interest in TES and development activity is exceeding our expectations,\u201d stated Cory Glick, President and CEO of Rock Energy Storage. \u201cWe believe that TES has great potential to unlock lower energy prices economy-wide and are leveraging our team\u2019s long-standing relationships with potential end-users, including local gas and electric utilities, industrials, hospitals, universities, and municipalities to expand bGen\u2122 uptake in the U.S. Our team at ROCK is very proud to help grow this burgeoning market in North America in collaboration with Brenmiller.\u201d<\/p>\n<p>\nEnergy storage deployments in the U.S. grew <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.woodmac.com%2Findustry%2Fpower-and-renewables%2Fus-energy-storage-monitor%2F&amp;esheet=54175252&amp;newsitemid=20250108196249&amp;lan=en-US&amp;anchor=80%25&amp;index=3&amp;md5=5547c634c654b2f05394fbce9511debf\">80%<\/a> between Q3 2023 and Q3 2024, according to Wood Mackenzie Power &amp; Renewables and the American Clean Power Association. Based on estimates from McKinsey and the Long Duration Energy Storage Council, TES can double LDES capacity potential and expand the overall installed capacity potential of LDES by 2040. These trends position Brenmiller and Rock Energy Storage\u2019s collaboration for favorable growth in the coming years.<\/p>\n<p><b>About Brenmiller Energy Ltd.<\/b><\/p>\n<p>\nBrenmiller Energy helps energy-intensive industries and power producers end their reliance on fossil fuel boilers. Brenmiller\u2019s patented bGen\u2122 thermal battery is a modular and scalable energy storage system that turns renewable electricity into zero-emission heat. It charges using low-cost renewable electricity and discharges a continuous supply of heat on demand and according to its customers\u2019 needs. The most experienced thermal battery developer on the market, Brenmiller operates the world\u2019s only gigafactory for thermal battery production and is trusted by leading multinational energy companies. For more information visit the Company\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fbren-energy.com%2F&amp;esheet=54175252&amp;newsitemid=20250108196249&amp;lan=en-US&amp;anchor=https%3A%2F%2Fbren-energy.com&amp;index=4&amp;md5=aa53d16ca22bb3b216e6ca02138f1b6f\">https:\/\/bren-energy.com<\/a> and follow the Company on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fx.com%2Fbren_energy%3Fref_src%3Dtwsrc%255Egoogle%257Ctwcamp%255Eserp%257Ctwgr%255Eauthor&amp;esheet=54175252&amp;newsitemid=20250108196249&amp;lan=en-US&amp;anchor=X&amp;index=5&amp;md5=17f8bfb87318be6a4d11ebb5aa6021fd\">X<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbrenmiller-energy%2F&amp;esheet=54175252&amp;newsitemid=20250108196249&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=6&amp;md5=69a9a615affdc8a33699b68fc5838990\">LinkedIn<\/a>.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains \u201cforward-looking statements\u201d within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Statements that are not statements of historical fact may be deemed to be forward-looking statements. For example, the company is using forward-looking statements in this press release when it discusses: its $210 million in value pipeline of potential commercial projects being pursued and developed in collaboration with Rock Energy Storage; the eligibility of state and federal grant opportunities for bGen\u2122 ZERO TES systems; future grant project financing through anticipated funding rounds, which are expected to open in 2025; the Company\u2019s ability to deliver favorable economics; TES potential to unlock lower energy prices economy-wide; the expansion of bGen\u2122 uptake in the U.S.; estimations of energy storage deployments in the U.S.; the ability of TES to double LDES capacity potential and expand the overall installed capacity potential of LDES by 2040; and the Company\u2019s favorable growth in the coming years. Without limiting the generality of the foregoing, words such as \u201cplan,\u201d \u201cproject,\u201d \u201cpotential,\u201d \u201cseek,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cexpect,\u201d \u201cbelieve,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201ccould,\u201d \u201cestimate\u201d or \u201ccontinue\u201d are intended to identify forward-looking statements. Readers are cautioned that certain crucial factors may affect the company\u2019s actual results and could cause such results to differ materially from any forward-looking statements that may be made in this press release. Factors that may affect the company\u2019s results include, but are not limited to: the company\u2019s planned level of revenues and capital expenditures; risks associated with the adequacy of existing cash resources; the demand for and market acceptance of our products; impact of competitive products and prices; product development, commercialization or technological difficulties; the success or failure of negotiations; trade, legal, social and economic risks; and political, economic and military instability in the Middle East, specifically in Israel. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, many of which are beyond the control of the company, including those set forth in the Risk Factors section of the company\u2019s Annual Report on Form 20-F for the year ended December 31, 2023 filed with the SEC on March 18, 2024, which is available on the SEC\u2019s website, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54175252&amp;newsitemid=20250108196249&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=7&amp;md5=4645c6c733f56eb9b3666744f72eb6a2\">www.sec.gov<\/a>. The company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250108196249r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250108196249\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250108196249\/en\/<\/a><\/span><\/p>\n<p><b>Media:<br \/>\n<\/b><br \/>Tori Bentkover<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:brenmillerenergy@antennagroup.com\">brenmillerenergy@antennagroup.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Israel Middle East<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Utilities Energy<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250108196249\/en\/2347225\/3\/Brenmiller_logo-09.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Brenmiller Energy Grows U.S. Commercial Pipeline to Over $210 Million in Conjunction with Distribution Partner, Rock Energy Storage Public funding for Long-Duration Energy Storage (LDES) projects sends encouraging signals for bGen\u2122 ZERO technology adoption Several bGen\u2122 projects under development could potentially benefit from state and federal grant opportunities TEL AVIV, Israel&#8211;(BUSINESS WIRE)&#8211;Brenmiller Energy Ltd. (&#8220;Brenmiller&#8221;, &#8220;Brenmiller Energy\u201d or the \u201cCompany\u201d) (Nasdaq: BNRG), a leading global energy provider of thermal energy storage (\u201cTES\u201d) solutions to industrial and utility markets, today announced that its pipeline of potential commercial projects being pursued and developed in collaboration with its exclusive distribution partner in the Northeast U.S., Rock Energy Storage, LLC (\u201cROCK\u201d or \u201cRock Energy Storage\u201d), has substantially advanced, growing from $150 million to over &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/brenmiller-energy-grows-u-s-commercial-pipeline-to-over-210-million-in-conjunction-with-distribution-partner-rock-energy-storage\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Brenmiller Energy Grows U.S. Commercial Pipeline to Over $210 Million in Conjunction with Distribution Partner, Rock Energy Storage&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-798925","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Brenmiller Energy Grows U.S. Commercial Pipeline to Over $210 Million in Conjunction with Distribution Partner, Rock Energy Storage - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/brenmiller-energy-grows-u-s-commercial-pipeline-to-over-210-million-in-conjunction-with-distribution-partner-rock-energy-storage\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brenmiller Energy Grows U.S. Commercial Pipeline to Over $210 Million in Conjunction with Distribution Partner, Rock Energy Storage - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Brenmiller Energy Grows U.S. Commercial Pipeline to Over $210 Million in Conjunction with Distribution Partner, Rock Energy Storage Public funding for Long-Duration Energy Storage (LDES) projects sends encouraging signals for bGen\u2122 ZERO technology adoption Several bGen\u2122 projects under development could potentially benefit from state and federal grant opportunities TEL AVIV, Israel&#8211;(BUSINESS WIRE)&#8211;Brenmiller Energy Ltd. (&#8220;Brenmiller&#8221;, &#8220;Brenmiller Energy\u201d or the \u201cCompany\u201d) (Nasdaq: BNRG), a leading global energy provider of thermal energy storage (\u201cTES\u201d) solutions to industrial and utility markets, today announced that its pipeline of potential commercial projects being pursued and developed in collaboration with its exclusive distribution partner in the Northeast U.S., Rock Energy Storage, LLC (\u201cROCK\u201d or \u201cRock Energy Storage\u201d), has substantially advanced, growing from $150 million to over &hellip; Continue reading &quot;Brenmiller Energy Grows U.S. Commercial Pipeline to Over $210 Million in Conjunction with Distribution Partner, Rock Energy Storage&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/brenmiller-energy-grows-u-s-commercial-pipeline-to-over-210-million-in-conjunction-with-distribution-partner-rock-energy-storage\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-08T13:34:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250108196249r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brenmiller-energy-grows-u-s-commercial-pipeline-to-over-210-million-in-conjunction-with-distribution-partner-rock-energy-storage\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brenmiller-energy-grows-u-s-commercial-pipeline-to-over-210-million-in-conjunction-with-distribution-partner-rock-energy-storage\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Brenmiller Energy Grows U.S. Commercial Pipeline to Over $210 Million in Conjunction with Distribution Partner, Rock Energy Storage\",\"datePublished\":\"2025-01-08T13:34:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brenmiller-energy-grows-u-s-commercial-pipeline-to-over-210-million-in-conjunction-with-distribution-partner-rock-energy-storage\\\/\"},\"wordCount\":975,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brenmiller-energy-grows-u-s-commercial-pipeline-to-over-210-million-in-conjunction-with-distribution-partner-rock-energy-storage\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250108196249r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brenmiller-energy-grows-u-s-commercial-pipeline-to-over-210-million-in-conjunction-with-distribution-partner-rock-energy-storage\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brenmiller-energy-grows-u-s-commercial-pipeline-to-over-210-million-in-conjunction-with-distribution-partner-rock-energy-storage\\\/\",\"name\":\"Brenmiller Energy Grows U.S. Commercial Pipeline to Over $210 Million in Conjunction with Distribution Partner, Rock Energy Storage - 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