📢 New Developments at Malta! Malta Hochtemperatur Wärmepumpen Stromspeicher GmbH, an affiliate of Malta Inc, has broken ground on expanding DLR’s world-leading test facility for thermal energy storage in molten salts (#TESIS) for the full-scale qualification of the innovative, Alfa Laval-built heat exchangers as part of their Store2REPower project. Led by Malta, in collaboration with German Aerospace Center (DLR), Alfa Laval, and Siemens Energy, and funded by the German Federal Ministry for Economic Affairs and Climate Protection, this project represents a significant step towards deploying the #FOAK highly efficient heat pump electricity and heat storage system, aiming to support Germany's climate targets and transition to renewable energy. 🏗 Construction started with the initial groundbreaking on June 17th, 2024, and is expected to be completed along with commissioning in May 2025. “We are honored to partner with the DLR Institute of Engineering Thermodynamics as a leader in the field of thermal storage plants, to explore how Malta’s pumped thermal energy storage technology can accelerate Germany’s power and heat transition from fossil fuels to renewable energy. We are thrilled to be moving forward with earthworks and excited by the rapid progress of the project. This important work will identify how best to meet Germany’s #decarbonization goals, create jobs in German turbomachinery manufacturing, and deliver a just transition by creating clean energy construction and operations jobs for the nation’s current energy workforce.” said Ramya Swaminathan, CEO of Malta Inc. 👉 Access the official press release: https://lnkd.in/d8UeYwkG Stay tuned for more updates on this project! #RenewableEnergy #CleanTech #LDES #EnergyStorage #Innovation #ClimateAction #MaltaInc #SiemensEnergy #DLR #AlfaLaval
Malta Inc
Renewable Energy Semiconductor Manufacturing
Cambridge, Massachusetts 23,005 followers
Malta is the future of energy storage
About us
Malta has developed a thermal energy storage system that can collect and store energy from any source (i.e. wind, solar, etc.), in any location, and for long durations, and dispatch it as electricity, on demand, for 8 hours to 8+ days.
- Website
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http://www.maltainc.com
External link for Malta Inc
- Industry
- Renewable Energy Semiconductor Manufacturing
- Company size
- 11-50 employees
- Headquarters
- Cambridge, Massachusetts
- Type
- Privately Held
- Founded
- 2018
Locations
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Primary
Cambridge, Massachusetts 02139, US
Employees at Malta Inc
Updates
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🎖 We’re thrilled to share that we were recognized at a remarkable event hosted by the Healey-Driscoll Administration celebrating Massachusetts’ top climate tech innovators! It was an honor to be acknowledged by Governor Maura Healey, Lieutenant Governor Kim Driscoll, Economic Development Secretary Yvonne Hao, Energy & Environmental Affairs Secretary Rebecca Tepper, and MassCEC CEO Emily Reichert. This celebration spotlighted the incredible work of twenty-eight climate tech companies, including Malta Inc, recently named to TIME Magazine’s Top GreenTech Companies 2024. Our colleague, Tian J. Ong, proudly represented us at the event and can be seen in the picture receiving the recognition from Governor Maura Healey and Lieutenant Governor Kim Driscoll. We extend our heartfelt thanks to our hosts for this wonderful acknowledgment and for supporting Massachusetts’ climate tech community, and our team, partners, and supporters for making this achievement possible! We are immensely proud to be part of this dynamic community driving sustainable innovation! 👉 Learn more about the event and the inspiring companies celebrated: https://lnkd.in/eBRXcbyq TIME Magazine’s Top GreenTech Companies 2024 list: https://lnkd.in/gfp3a6G2 📸 Credits: Josh Qualls, Office of Governor Maura Healey 👏 6K, Aclarity, AM Batteries , Ascend Elements , Blackburn Energy, Inc. , Boston Metal , Clean Crop Technologies, Inc. , Commonwealth Fusion Systems , Eden , Electric Hydrogen , Factorial Energy , Form Energy , Gradient , Indigo, Innovasea , Invaio , LineVision , Nth Cycle , Quaise Energy , Singularity Limited , SparkCharge , Sublime Systems , Tomorrow.io , VEIR , Verdox , Via Separations , WindESCo #Massachusetts #Sustainability #Innovation #GreenTech
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✨ Reflecting on Our Experience at the GET Congress in Milan! ✨ On July 1st and 2nd, the Malta Inc team, including Alvaro Mozo Casado, Emanuele Rizzo, and Jana Grenz, attended the #GETCongress2024 in Milan, Italy. The Congress focused on two critical themes: energy transition and the #decarbonization of industrial processes. It brought together hundreds of energy experts, innovators and institutions to address the critical challenges and opportunities of the global energy transition, exchange ideas and showcase cutting-edge technologies dedicated to making the #EnergyTransition a reality. 👉 A key takeaway from the Congress is the urgent need for robust and immediate action against climate change. As our Italian colleague, Emanuele Rizzo very aptly mentioned, "In the recipe to combat climate change, energy storage is as indispensable as mozzarella on pizza!" Electro-Thermal LDES is set to make renewables more affordable, secure, and accessible. At Malta Inc , our solutions are ready today, leveraging existing, proven technology to drive the transition forward, and we are proud to be part of this vital global effort! 🌍💡🔋 We extend our gratitude to the organizers of Global Energy Transition Congress and Exhibition, all participants and partners, the insights gained and the connections made will be instrumental as we continue to advance our initiatives in the energy sector. #ClimateAction #CleanTech #Climatech
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We are thrilled to share a snapshot from yesterday’s BVES Energy Storage Systems Association Status Conference on Thermal Storage for the Heat Transition in Berlin, Germany. Our very own Janina Hippler-Nettlau delivered a compelling presentation on Malta Inc ’s technology and how we can provide heat at several temperature levels, from low temperature heat for district heating networks to high temperature heat for industrial processes. Flexibility will be key in the future energy system and Malta's technology provides this flexibility both on the power and heat side. The event brought together industry experts, innovators, and policymakers, all dedicating their efforts to the decarbonization of the heat sector for a greener tomorrow. It’s an honor to be part of such a dynamic and forward-thinking community. Thank you, BVES, for providing this platform and to all the participants for the engaging discussions and insights! #EnergyStorage #ThermalStorage #Innovation #Sustainability #BVES2024 #HeatTransition #RenewableEnergy #FutureTech
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Inspiring Discussions at Siemens Energy Experience Days in Berlin! Today, our CEO Ramya Swaminathan joined the Energy Challenges: Pathways for Decarbonization of Industries panel at the #SiemensEnergyExperienceDays2024. The session explored critical steps towards decarbonizing industrial sectors while balancing reliability and economics. Reflecting on the session, our CEO remarked, "It was a pleasure to discuss the opportunities and challenges of scaling innovative technologies for decarbonization with all the esteemed panelists who shared their insights and expertise." A heartfelt thank you to Siemens Energy for organizing this forward-thinking and impactful event, and to the fellow panelists Dr. Kahleen O'Brien - VP. of Innovation Management at Siemens Energy, Pan Hao - General Manage SPIC Carbon Asset Management China, Nicolas AIMARD - VP Process TotalEnergies, Karl-Heinz Schmid- Head of Global Siemens Energy Account Team at NVIDIA and Vinod Philip - Executive Board Member and CTO at Siemens Energy for their invaluable insights. Together, we’re forging pathways to a sustainable and net-zero future. #Decarbonization #NetZero #Sustainability #Innovation #EnergyTransition #SiemensEnergy #IndustryLeadership
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We are delighted to announce that Malta Inc has partnered with BBVA, a leading global financial institution, to Advance Collaboration on Energy Storage Project in Iberia. This pioneering #cleantech collaboration 🤝 announced at Breakthrough Energy Summit 2024 in London, lays the groundwork for a strategic partnership aimed at developing a discharge power offtake Power Purchase Agreement (PPA) to support the deployment in the Iberian Peninsula of Malta’s first-of-a-kind (#FOAK) energy storage project, and is an example of the positive outcomes that result when global corporations combine their strengths and initiatives with innovative climate technology. This partnership propels 🚀energy solutions to market and sets a precedent for future collaborations addressing the urgent challenges of #climatechange and #energyresilience. 👉 Read more about this exciting partnership here: https://lnkd.in/dfs-kPDg A special thank you to Breakthrough Energy and Siemens Energy at Energy Resilience Leadership Group for their leadership and support in fostering these type of agreements. #LDES #energystorage #sustainability @EASE_ES
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🚀 Malta Inc.'s Energy Storage Breakthrough Featured in German VDI Ingenieur Forum! We are pleased to share that Malta Inc's energy storage technology has been featured in the latest edition of the VDI Ingenieur Forum on Energie and Environment (Issue 2/2024, Pages 28-29) 👉 Download the full issue at: https://lnkd.in/e-n2sKcQ A special thanks to Dr. Ing. Lucia Tosal-Martinez from Siemens Energy and our Senior Technical Advisor and Managing Director, Michael Geyer for their recent joint presentation at the VDI seminar where this information was showcased. VDI Württembergischer Ingenieurverein / VDI Fortbildungszentrum #energystorage #energytransitation #cleantech #ldes
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Malta is heading to Intersolar Europe 2024! 🌍 We are excited to share that our team will be at Intersolar Europe in Munich this year! Want to connect? Our Managing Director, Eren Engur, will be available to chat about our energy storage solution and explore collaboration opportunities. Don’t miss out—schedule a meeting! 📅 June 19-21, 2024 📍 Munich, Germany 📌Stop by as well on June 20th @ 4:00pm at the ees - electrical energy storage Europe Conference to attend the session co-hosted by Long Duration Energy Storage Council (LDES Council) and IBESA – International Battery and Energy Storage Alliance where Eren Engur will speak alongside a panel of experts to dive headfirst into the topic of LDES. 👉🏼Room: Hall C2, Both C2.230 Looking forward to seeing you there! #IntersolarEU2024 #EnergyStorage #LDES
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