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.