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Brenmiller announces JV in Europe to scale bGen technology adoption

Brenmiller announces JV in Europe to scale bGen technology adoption

Brenmiller Energy announced the formation of a new joint venture JV, Brenmiller Europe a mutually owned Spanish corporation with renowned renewable energy developers Green Enesys and Viridi RE. Brenmiller Europe will capitalize on Green Enesys and Viridi’s expertise in developing and deploying large-scale clean energy projects in Europe. The JV aims to rapidly expand the adoption of Brenmiller’s bGen technology across Europe, focusing on driving product sales, delivering energy services, and securing project-level financing in high-growth markets, starting in major European countries where Brenmiller Europe has the exclusive rights to distribute bGen systems, subject to certain revenue and performance requirements…Brenmiller will manufacture bGen modules at its gigafactory in Dimona while retaining ownership of its intellectual property. The JV, for which Brenmiller Energy will be a majority shareholder, aims to rapidly expand the adoption of bGen systems throughout Europe, a region renowned for its advanced renewable energy infrastructure. A substantial portion of Brenmiller’s current $440M global project pipeline of commercial opportunities originates in Europe, spanning nine industries across eleven European countries. Brenmiller is committed to delivering on this massive opportunity to decarbonize industrial sectors in Europe. .

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