Brenmiller Energy Signs Agreement with Baran Energy for Two bGen ZERO TES Systems

Brenmiller Energy has signed a System Purchase Agreement with Baran Energy for the completion and operational launch of two bGen ZERO TES systems. The agreement marks a significant milestone in Brenmiller's expansion plans, with the company set to begin commercial operations in Israel. The deal is expected to enhance Brenmiller's capabilities in the energy storage market.

Brenmiller Energy Ltd. (NASDAQ: BNRG) has signed a System Purchase Agreement with Baran Energy Ltd. for the completion and operational launch of two bGen ZERO Thermal Energy Storage (TES) systems. The agreement, announced on September 29, 2025, represents a significant milestone in Brenmiller's expansion plans, positioning the company to begin commercial operations in Israel Brenmiller Signs System Purchase Agreement with Baran Energy for bGen ZERO Systems at Tempo Beverages and Wolfson Medical Center^[1].

Under the terms of the agreement, Baran Energy will become the owner of the bGen TES projects at Tempo Beverages Ltd. and Wolfson Medical Center, representing a total of 44 MWh. Brenmiller will receive milestone-based payments during the construction and commissioning phases, as well as profit sharing on the projects based on revenues from end customers. Additionally, Brenmiller will retain all intellectual property and continue to provide, and be paid for, operations and maintenance on the bGen ZERO systems Brenmiller Signs System Purchase Agreement with Baran Energy for bGen ZERO Systems at Tempo Beverages and Wolfson Medical Center^[1].

The transaction provides Brenmiller with non-dilutive capital as part of its growth strategy, allowing the company to advance its broader global project pipeline of commercial opportunities valued at over $500 million. Baran Energy, a subsidiary of Baran Group Ltd., will have a right of first refusal to acquire future bGen projects in Israel Brenmiller Energy sells two thermal storage projects to ...^[2].

Avi Brenmiller, Chairman and CEO of Brenmiller Energy, stated, "With this agreement and collaboration, we are positioned to significantly accelerate not only the Tempo and Wolfson Medical Center projects, we believe this will also have a positive impact on our entire pipeline of global commercial opportunities and our competitiveness to advance more projects into our portfolio." Hezy Haim, CEO of Baran Energy, added, "This collaboration represents the best of both worlds—Brenmiller's innovation and Baran's experience in a diversity of energy projects worldwide. Together, we're building the foundation for a cleaner, more efficient energy future in Israel and beyond" Brenmiller Signs System Purchase Agreement with Baran Energy for bGen ZERO Systems at Tempo Beverages and Wolfson Medical Center^[1].

This strategic partnership underscores Brenmiller's commitment to advancing its global project pipeline and leveraging Baran's extensive project execution experience in the industrial sector, as well as their financing capabilities Brenmiller Signs System Purchase Agreement with Baran Energy for bGen ZERO Systems at Tempo Beverages and Wolfson Medical Center^[1].