Making solar energy a mainstream alternative to fossil fuels, by providing a dispatchable, cost competitive, renewable energy system Eli Lipman VP R&D Estimations are for a huge market for Solar Energy Proprietary of Brenmiller Energy Ltd. © All rights reserved 2 Main Technologies of Solar Power Utility Scale PV Proprietary of Brenmiller Energy Ltd. © All rights reserved Concentrated Solar Power 3 Key Applications – Market Segments Off-Grid / Rural “7MW” Generators Augmentation to Existing “Fossil Plants” On-Grid > 20MW Solar Power Plants Steam Applications Proprietary of Brenmiller Energy Ltd. © All rights reserved Solar Energy Needs a Paradigm Change to Become a Mainstream Solution Dispatchability - Supply when required Reliability 24/7 - No other plant to cover for Output Stability, Continuity - No weather sensitivity Solar Capacity Factor > 70% - Green energy almost all day Price Competitiveness $/Kwh - Result of all above Proprietary of Brenmiller Energy Ltd. © All rights reserved 5 The Effect of High Solar Capacity Factor Solar Field Power Block Case 1: System Civil • 50 MW Plant • Capital Investment of $ 150 M • Solar Capacity Factor of 25% (2200 hours per year – Sun is shining) Price per KWh EPC $US 18 cents Case 2: • 50 MW Plant • Capital Investment of $ 200 M • Solar Capacity Factor of 75% (6600 hours per year – Energy Storage) Price per KWh Proprietary of Brenmiller Energy Ltd. © All rights reserved $US 13 cents 6 Inherent Advantages of TES in Renewable Environment of Variable Resources An Analysis of Concentrating Solar Power with Thermal Energy Storage in California Paul Denholm, Yih-Huei Wan, Marissa Hummon, Mark Mehos +45% • Incremental value of 15- 40 $/MWh for Dispatchable sources • Value will increase with more Variable Sources penetration Proprietary of Brenmiller Energy Ltd. © All rights reserved 7 Brenmiller Technology - The bCellTM – Core Technology 1 Track the Sun to collect Solar energy @ 5500c 4 Steam from storage supplied on demand, 24/7, fully stabilized 2 Heat from collectors transferred by HTM according to radiation change Proprietary of Brenmiller Energy Ltd. © All rights reserved 3 Heat delivered to the Energy Center, ready for dispatch 8 Brenmiller Scope – Sun to Steam Our product, “bCell™ System”, delivers stable and continuous steam, directly into the turbine inlet Proprietary of Brenmiller Energy Ltd. © All rights reserved 9 Thank You!