Malta has developed a long-duration energy storage solution that leverages steam-based heat pump technology to provide a cost-efficient, flexible, and integration-ready option for utility and industrial clients.
Who is Malta energy storage?
Malta is a long-duration energy storage company that builds grid-scale energy storage solutions to convert variable renewable energy into on-demand, around-the-clock, reliable power.
Malta has developed a long-duration energy storage solution that leverages steam-based heat pump technology to provide a cost-efficient, flexible, and integration-ready option for utility and industrial clients.
Malta's electro-thermal energy storage system is built upon well-established principles in thermodynamics. Malta's electro-thermal energy storage system is built with abundant, field-proven components that are fully recyclable and reclaimable. Molten salt is the most mature technology used in thermal storage.
Today Malta is in advanced discussions with a more than a dozen utilities in Europe, and the Americas over plans to deploy Malta's long duration energy storage technology. As the urgency of the energy transition grows, interest in Malta's ready-to-market, thermo-electric energy storage solution has skyrocketed.
Malta's system also achieves a power-to-power charge/discharge round-trip efficiency (RTE) of up to 60%, which is about 50% higher than other thermal storage systems without heat pump charging.
Malta was formed as an independent company, outside of Alphabet, in December 2018. Today Malta is in advanced discussions with a more than a dozen utilities in Europe, and the Americas over plans to deploy Malta's long duration energy storage technology.