BUZZ-Brenmiller Energy to launch thermal energy storage system; shares up

Reuters

2025/02/04

** Shares of U.S.-based thermal energy firm Brenmiller Energy BNRG.O rise 2.9% to $1.39 premarket

** Co to launch bGen ZERO Thermal Oil, a thermal energy storage system designed to electrify thermal oil for industrial applications

** Thermal oil is used for industrial heating processes of pharmaceuticals, chemicals, petrochemicals and food processing industries

** "Our research and development engineers are now developing the bGen ZTO planning for first delivery by 2026 for 8 projects worth nearly $170 mln in our commercial pipeline," said Brenmiller Energy CEO Avi Brenmiller

** Up to last close, stock up 4.6% YTD

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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