Brenmiller Energy, an Israeli thermal energy storage company, inaugurated a gigafactory in Dimona, Israel, on Thursday. It believes it is the world’s first thermal energy storage gigafactory.
The facility will be Brenmiller’s primary manufacturing site, with production expected to reach full capacity by the end of 2023. The company said it will produce up to 4GWh a year of its bGen energy storage modules.
The bGen technology uses renewable energy resources and waste heat to warm up crushed rocks to very high temperatures. They can store this heat for days before using it for industrial and power generation processes.
Avi Brenmiller, founder and CEO at Brenmiller Energy, said gigawatt-scale production capacity will allow the company to meet growing demand from industrial and utility customers.
The plant is financed by the European Investment Bank through a €7.5 million ($8.2 million) facility agreement. Brenmiller is listed on Nasdaq in New York.
Photo, left to right: Dr Ron Tomer, President of the Manufacturers Association of Israel, Avi Brenmiller, CEO and Chairman of Brenmiller Energy, Benny Biton, Mayor of Dimona, and Dr Gideon Friedmann, Chief Scientist at Israel’s Ministry of Energy, inaugurate Brenmiller’s gigafactory.