Tempo, Heineken’s Israeli Beverage Arm, and Brenmiller Energy Partner to Replace Fossil Fuel Boilers with 32MWh Thermal Energy Storage System
11 10월 2023 - 9:00PM
Business Wire
- 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
- bGenTM ZERO will be installed at Tempo’s beverage plant in
Netanya to generate sustainable process steam using off-peak
electricity and solar PV, mitigating over 6,200 tons of carbon
emissions each year
- Brenmiller estimates Tempo’s energy cost savings to reach $7.5
million over 15 years
Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy” or the
“Company”) (Nasdaq: BNRG), a clean energy company that provides
Thermal Energy Storage (“TES”) systems to global industrial and
utility markets, today announced that it has signed a contract with
Tempo Beverages Ltd. (“Tempo”) to replace the beverage
manufacturer’s heavy fuel oil boilers at its plant in Netanya,
Israel, with Brenmiller’s bGen™ ZERO thermal energy storage system.
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.
Brenmiller’s bGen ZERO system that will be installed at the
Tempo plant will produce sustainable process steam using solar
photovoltaic (“PV”) energy and off-peak grid power when electricity
rates are most affordable. Brenmiller estimates that using thermal
energy storage in place of fossil fuel boilers will eliminate the
use of approximately 2,000 tons of heavy fuel oil annually and
mitigate over 6,200 tons of carbon emissions each year. The project
is expected to be completed by the end of 2024.
“It is absolutely critical that industrial manufacturers, like
those that produce our favorite beverages, eliminate emissions from
their processes. But decarbonization cannot come at the expense of
a business’s bottom line,” said Avi Brenmiller, Chairman and CEO of
Brenmiller Energy. “The bGen ZERO system and our flexible delivery
method unlocks a new, more affordable pathway to decarbonization
for Tempo. Together, we are setting a new standard for sustainable
operations in the food and beverage manufacturing industry.”
“Steam is crucial to power our beverage manufacturing processes,
and also one of the main factors contributing to our local carbon
footprint,” said Daniel Bar, CEO of Tempo. “We’re taking a big step
towards implementing our decarbonization goals with Brenmiller’s
novel thermal energy storage technology.”
The project is entitled to a grant of approximately $595,000
from the Israeli Ministry of Environmental Protection, as announced
earlier this year.
Brenmiller’s TES technology addresses growing industrial market
demand for sustainable heat. The bGen ZERO boasts 99% charging
efficiency and 97% cycle efficiency when turning power into heat
and offers a mature, scalable, and cost-effective way to electrify
industrial process power and enable 24/7 renewable management.
About Brenmiller Energy Ltd.
Brenmiller Energy delivers scalable thermal energy storage
solutions and services that allow customers to cost-effectively
decarbonize their operations. Its patented bGen thermal storage
technology enables the use of renewable energy resources, as well
as waste heat, to heat crushed rocks to very high temperatures.
They can then store this heat for minutes, hours, or even days
before using it for industrial and power generation processes. With
bGen, organizations have a way to use electricity, biomass and
waste heat to generate the clean steam, hot water and hot air they
need to mold plastic, process food and beverages, produce paper,
manufacture chemicals and pharmaceuticals or drive steam turbines
without burning fossil fuels. For more information visit the
company’s website at https://bren-energy.com/ and follow the
company on X (formerly Twitter) and LinkedIn.
Forward Looking Statements
This press release contains “forward-looking statements” within
the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 and other federal and Israeli
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 when discussing:
Brenmiller’s estimates that Tempo’s energy cost savings will reach
$7.5 million over 15 years; Brenmiller's estimates that using
thermal energy storage in place of fossil fuel boilers at the Tempo
plant will eliminate the use of approximately 2,000 tons of heavy
fuel oil annually and mitigate over 6,200 tons of carbon emissions
each year; the project is expected to be completed by the end of
2024; the bGen ZERO system delivery method will unlock a new, more
affordable pathway to decarbonization for Tempo, which will set a
new standard for sustainable operations in the food and beverage
manufacturing industry. Without limiting the generality of the
foregoing, words such as “plan,” “project,” “potential,” “seek,”
“may,” “will,” “expect,” “believe,” “anticipate,” “intend,”
“could,” “estimate” or “continue” are intended to identify
forward-looking statements. Readers are cautioned that certain
important factors may affect the Company’s 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’s results include, but are not limited to, the
Company’s planned level of revenues and capital expenditures, 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 and trade, legal, social and economic risks
and the risks associated with the adequacy of existing cash
resources. 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’s Annual
Report on Form 20-F for the year ended December 31, 2022 filed with
the SEC on March 22, 2023, filed with the U.S. Securities and
Exchange Commission (“SEC”), which is available on the SEC’s
website, www.sec.gov. The Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20231011302620/en/
Media Contact: Tori Bentkover
brenmillerenergy@antennagroup.com
Brenmiller Energy (NASDAQ:BNRG)
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