In Short : Malta has joined the International Solar Alliance (ISA), becoming the 119th country to be part of this intergovernmental organization. This collaboration aims to enhance cooperation among solar resource-rich countries, promote the deployment of solar energy, and facilitate the achievement of global sustainable development goals. In Detail : Malta, a small yet significant […]
Long-Duration Storage Startups Malta And Energy Vault Partner With Siemens Energy, Enel Green Power
Two startups seeking to disrupt the energy sector with novel long-duration energy storage technologies have formed partnerships with established industry players. A giant carousel of energy storage tech. Malta Inc, a developer of a ‘pumped-heat energy storage’ (PHES) technology which the company claims can provide large-scale energy storage for up to 200 hours, has partnered […]
Google Spinoff Malta Nabs $50M Series B for Thermal Long-Duration Storage
Malta converts electricity to thermal energy and back again, theoretically unlocking up to 200 hours’ worth of energy storage. Malta has raised a $50 million Series B round to bring its super-long-duration energy storage to market, the company said Wednesday. The startup spun out of Google parent company Alphabet’s moonshot factory, X, in 2018. Many […]