24/7 Market News Snapshot 04 February, 2025 – Brenmiller Energy Ltd Ordinary Shares (NASDAQ:BNRG)

February 4, 2025

DENVER, Colo., 04 February, 2025 (247marketnews.com) – (NASDAQ:BNRG) are discussed in this article.
Brenmiller Energy Ltd. (BNRG) has recently experienced an uptick in its stock performance, opening the trading session at $1.353 and reaching $1.421, marking an increase of approximately 4.49%. Following a previous closing price of $1.360, this upward trend signals a growing investor interest, bolstered by a trading volume of 815.92K. Analysts suggest that stakeholders should closely monitor relevant technical indicators, including moving averages and support/resistance levels, to navigate potential market volatility and identify optimal investment strategies.

In conjunction with this stock performance, the company is excited to unveil the development of its innovative bGen ZERO Thermal Oil™ (bGen ZTO) system, set for commercial launch in 2026. This groundbreaking system aims to electrify conventional thermal oil heating processes, which have largely relied on fossil fuels, thus aligning with the global shift towards sustainable energy. The thermal oil market, projected to reach $8 billion annually at a compound annual growth rate of 6%, presents a significant opportunity for Brenmiller Energy.

The bGen ZTO is designed to deliver zero-emission heat while simultaneously reducing operational costs and complexity for industrial applications. Avi Brenmiller, Chairman and CEO, emphasized the critical demand expressed by industrial clients for advanced thermal heating solutions that do not depend on fossil fuels. This cutting-edge system boasts nearly 100% cycle efficiency, enhancing reliability and operational performance in thermal processes.

With plans for initial deliveries across eight projects valued at approximately $170 million, Brenmiller Energy is well-positioned to meet the evolving needs of various industries. As businesses seek to diminish their carbon footprint and embrace renewable solutions, Brenmiller’s advancements represent a pivotal step towards a sustainable future in thermal energy applications.

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