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Stock impact report

Brenmiller Receives $450,000 Grant to Supply Low-Carbon Electric Heat to Wolfson Hospital [Yahoo! Finance]

Brenmiller Energy Ltd (BNRG) 
Company Research Source: Yahoo! Finance
Government incentives for renewable energy projects, like Brenmiller's bGen™ ZERO for Wolfson Hospital, accelerate market adoption and unlock opportunities for deep decarbonization ROSH HA'AYIN, Israel, January 18, 2024 BUSINESS WIRE Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy" or the "Company") (Nasdaq: BNRG), a global leader in thermal energy storage ("TES"), today announced that it has received a $450,000 grant from the Israel Innovation Authority to be applied to its TES project at Wolfson Hospital in Holon, Israel. The Company previously announced approval from the Israel Ministry of Finance for a $3.7 million budget to develop and operate a bGen™ ZERO system for Wolfson Hospital over a seven-year term. According to the Israel Ministry of Finance, Brenmiller's TES system has the potential to reduce costs for Wolfson Hospital by up to $1.3 million annually and lower its carbon footprint by 3,900 tons per year. Capital allocated to accelerate industrial heat decar Show less Read more
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