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Brenmiller, Proactive Planet Sign MoU To Distribute bGen Zero Thermal Energy Storage Systems In Canada; Co's Have Developed An Initial List Of Potential Customers Valued At Over $6M And Representing Potentially 60 MWh Of TES Capacity

Author: Benzinga Newsdesk | June 12, 2024 08:40am

Sign Non-Binding Memorandum of Understanding to advance potential $6 million worth of projects and scale access to low-carbon thermal energy in the province of Alberta, Canada

Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy" or the "Company") (NASDAQ:BNRG), a leading global provider of thermal energy storage ("TES") solutions, today announced that it has signed a non-binding Memorandum of Understanding ("MoU") with Proactive Planet, a renewable energy solutions provider based in Calgary, to distribute bGen™ TES systems to industrial companies and electric utilities in the province of Alberta in Canada. The two companies have developed an initial list of potential customers valued at over $6 million and representing potentially 60 megawatt hours (MWh) of TES capacity.

Posted In: BNRG