Thursday, April 18, 2024

Brenmiller, Waaree to deploy solar-powered TES projects in India

An energy storage system is a device or group of devices assembled, capable of storing energy, that captures the energy produced at one time for use later to reduce the imbalance between energy demand and energy production. The energy storage system helps the grid integrate renewable energy and contributes to a more sustainable future. There are many energy storage systems, including thermal energy storage systems.

An Israel-based clean energy company Brenmiller Energy, which provides thermal energy storage (TES) systems, has signed a Memorandum of Understanding (MoU) with Waaree Energies Ltd, India’s largest solar panel manufacturer, to implement bGen thermal energy storage in India.

This announcement marks Brenmiller’s entry into the Indian market. Under the terms of the MoU, Brenmiller and Waaree will jointly explore, develop, and deploy solar-powered TES systems in India, subject to a definitive agreement.

Brenmiller’s bGen TES system is a mature, scalable, and cost-effective solution. The system enables 24/7 renewable management for industrial processes and power generation, providing critical reliability and protection against renewable outages.

In India, steam and other high-temperature processes for the industry are primarily powered by coal, accounting for approximately 25 percent of India’s carbon emissions.

Brenmiller Energy has patented bGen thermal storage technology that enables the heating of crushed rock to very high temperatures using renewable energy resources and waste heat. They can store this heat for minutes, hours, or even days before using it for industrial and power generation processes.

With bGen thermal storage technology, industries can use this electricity, biomass, and waste heat to produce the clean steam, hot water, and hot air they need to manufacture plastics, process food, and beverages, make paper, and produce chemicals and pharmaceuticals. It can also drive steam turbines without burning fossil fuels.

“We’ve seen a massive uptick in demand for our TES systems in response to climate-forward policies, rising energy costs, and challenges to reliability,” said Avi Brenmiller, president and Chief Executive Officer of Brenmiller. “Our team is thrilled to collaborate with Waaree to bring bGen TES to India’s industrial and utility markets.”

“In India, steam and other high-temperature processes for industrials are primarily powered by coal, accounting for roughly 25 percent of India’s carbon emissions,” said Hitech Doshi, chairman of Waaree. “We are focused on helping large industrial corporations, including beverage, pharmaceutical, chemical, paper manufacturers, and more, to help them meet ambitious ESG goals. Partnering with Brenmiller to deploy its innovative thermal energy storage technology will enable us to significantly reduce dependence on fossil fuels.”

The collaboration between Brenmiller Energy and Waaree Energies Ltd highlights the growing demand for clean energy solutions in response to climate-forward policies and rising energy costs. The bGen thermal energy storage system powered by solar energy can help India transition to have half of its energy supply from renewables by 2030.