Streetbeat News

BNRG

Brenmiller Energy Ltd

https://www.bren-energy.com

Industry

Renewable Utilities

Brenmiller Energy Ltd. engages in development, production, marketing, and sale of thermal energy storage systems based on technology that enables heat storage at high temperatures in crushed volcanic rock. Its TES system dispatches thermal energy on demand in the form of steam, which can be saturated for industrial use, or in the form of a superheated steam, which can be used to activate steam turbines in utility scale projects. The company markets its proprietary TES system under the name bGen. Brenmiller Energy Ltd was incorporated in 2012 and is based in Rosh HaAyin, Israel.

Open

0.72

Mkt cap

5M

Volume

107K

High

0.76

P/E Ratio

-0.29

52-wk high

7.22

Low

0.70

Div yield

N/A

52-wk low

0.60

Brenmiller Energy (NASDAQ: BNRG) is experiencing high demand for its thermal energy storage (TES) technology. The company is well-positioned to capitalize on this demand due to its innovative technology, strong track record, and strategic partnerships.

Portfolio Pulse from

November 07, 2024 | 2:30 pm

Brenmiller Energy has partnered with Entelios to enhance sustainable energy practices for bGen users in Germany. The collaboration targets a $2.9 billion market by 2028, focusing on maximizing revenue through a Heat as a Service model and flexibility market services.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 12:40 pm

Brenmiller Energy shares rose following the announcement of a new joint venture, Brenmiller Europe.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 12:33 pm

Brenmiller Energy has formed a joint venture, Brenmiller Europe S.L., with Green Enesys and Viridi to expand its bGen technology across Europe. This venture will manage projects in key European markets, contributing significantly to Brenmiller's $440 million global project pipeline.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 12:32 pm

Brenmiller Energy's shares rose following the announcement of raising $2 million through an equity offering and securing a $1.05 million private placement.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 12:39 pm

Brenmiller Energy has raised $2M through an ATM offering, totaling $10.8M for 2024, and signed a $1.05M private placement deal at a 52% premium. The company plans to avoid ATM sales below $3/share and focus on funding HaaS projects through third-party finance, with a potential $500M pipeline.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 12:37 pm

Recursion Pharmaceuticals shares fell 11.6% after announcing Phase 2 data for a treatment for Cerebral Cavernous Malformation. Nikola shares also dipped 10.4%. Meanwhile, Sify Technologies surged 103% after achieving a significant certification, and SPAR Group rose 65% following an acquisition agreement.

Portfolio Pulse from Avi Kapoor

September 03, 2024 | 5:41 pm

U.S. stocks fell with the Dow Jones down over 1% due to the ISM Manufacturing PMI missing estimates. Notable stock movements include Sify Technologies surging 110% and Dyne Therapeutics dropping 34% after clinical trial data release.

Portfolio Pulse from Avi Kapoor

September 03, 2024 | 2:19 pm

U.S. stocks traded higher with the S&P 500 gaining 0.2%. MongoDB shares spiked 17% after strong financial results and guidance. Brenmiller Energy shares surged 166% due to positive EPS results and a significant projected pipeline. Focus Universal shares rose 61% following insider buying. Elastic shares fell 27% after disappointing revenue guidance.

Portfolio Pulse from Avi Kapoor

August 30, 2024 | 6:30 pm

Brenmiller Energy shares surged after reporting a significant year-over-year improvement in EPS for the first half of 2024 and announcing a $500 million project pipeline. The company also signed a 5-year distribution agreement with Rock Energy Storage, with sales milestones over $150 million.

Portfolio Pulse from Dylan Berman

August 30, 2024 | 5:55 pm

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