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  • Brenmiller Energy Achieves Significant Project Milestone, On-Track To Save Tempo Beverages $7.5M In Energy Costs Using Thermal Energy Storage, Representing 40% Of Tempo's Financial Commitment To The Project

Brenmiller Energy Achieves Significant Project Milestone, On-Track To Save Tempo Beverages $7.5M In Energy Costs Using Thermal Energy Storage, Representing 40% Of Tempo's Financial Commitment To The Project

Benzinga ·  Dec 23 21:32
  • Brenmiller is replacing Tempo's fossil fuel boilers with a 32 MWh bGen thermal energy storage system to deliver sustainable process heat that is expected to mitigate 6,200 tons of carbon emissions annually
  • Tempo, partially owned by Heineken International B.V., is one of Israel's largest producers and distributors of beverages for brands including Heineken and Pepsi
  • Completion of the Tempo project as planned is expected to accelerate and support the conversion of Brenmiller's current substantial $440 million dollar commercial pipeline into projects with revenues

Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy" or the "Company") (NASDAQ:BNRG), a leading global technology provider of thermal energy storage ("TES") solutions to industrial and utility customers, today announced that it has achieved a major contractual milestone in its groundbreaking TES project for Tempo Beverages Ltd. ("Tempo") and a critical financial benchmark representing 40% of Tempo's financial commitment to the project.

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