Brenmiller Energy partners with INNOVA for Italy decarbonization projects

Brenmiller Energy Ltd. (NASDAQ: BNRG) announced it has signed a framework cooperation agreement with Italian firm INNOVA S.r.l. to pursue industrial decarbonization opportunities across Italy.

The agreement establishes a structured framework for identifying and developing potential industrial energy projects that integrate Brenmiller's thermal energy storage technology with renewable power generation, battery energy storage, and flexible energy management systems.

The initial opportunity pool includes eight industrial customer groups representing approximately ten site-level opportunities. The companies will focus on electrifying industrial heat processes in sectors including cement, food processing, dairy, biotechnology, pharmaceuticals, paper, cardboard, and packaging.

The qualification and project development phases remain non-binding under the framework agreement. Progression beyond the initial identification phase requires mutual agreement between both parties and execution of definitive terms.

INNOVA S.r.l. operates as an Italian technology transfer company that supports industrial innovation, project development, public funding applications, and consortium formation. The firm works with companies, research institutions, and public-sector stakeholders on technology commercialization projects.

"We believe that Italy represents an attractive market for industrial decarbonization and energy transition initiatives, supported by a strong manufacturing base, ambitious sustainability objectives and public funding programs designed to accelerate adoption," said Nir Brenmiller, Deputy Chief Executive Officer of Brenmiller Energy.

The agreement supports Brenmiller's strategy of positioning thermal energy storage as part of integrated industrial energy platforms rather than standalone equipment sales. The company believes project economics in Italy may benefit from combining renewable power, thermal and battery energy storage, and available public funding programs.

Brenmiller Energy provides thermal energy storage solutions for industrial and utility customers through its patented bGen platform and BNRG360 strategy.

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