MGA Thermal has secured AUD $17 million in new investment for its breakthrough long‑duration thermal energy storage technology. The funding accelerates MGA Thermal’s transition from pilot deployments to full commercial rollout, enabling the company to expand its workforce, fast‑track customer projects, and scale manufacturing capacity over the next two years.

MGA Thermal has been awarded $3.25 million in funding from the Australian Renewable Energy Agency (ARENA) to support up to five Front-End Engineering and Design (FEED) studies for industrial partners seeking to deploy MGA Thermal’s breakthrough thermal energy storage technology.

We did it! MGA Thermal has won the 2025 Australian Renewable Heat Award for Outstanding Industrial Electrification Project for our 5 MWh Demonstration Unit.

Knode and MGA Thermal announced today significant progress on a 180 megawatt-hour industrial-scale thermal energy storage (TES) project in Western Australia to deliver renewable heat for industrial processes.

Australian innovation delivers continuous, cost-effective clean steam for industry, positioning MGA Thermal at the forefront of decarbonisation with its groundbreaking latent heat energy storage.

We are thrilled to announce MGA Thermal, has been selected by Chevron to conduct an initial engineering and design study for an innovative clean steam solution.

We are pleased to announce that MGA Thermal, secured investment from climate tech angel syndicate Electrifi Ventures in partnership with Climate Salad.

Absolutely stoked to announce MGA Thermal won the 2024 Australian Climate Tech Awards, Impact Category!

We’re excited to announce that MGA Thermal has received a further $2.48 million, tripling the project backing from the Federal Government’s Australian Renewable Energy Agency (ARENA).

MGA Thermal is pleased to announce we’ve closed an additional $5.7 million in funding, taking the recent round total to approximately $14 million.

MGA Thermal is thrilled to announce we have secured $8.25 million in funding as we scale our long-duration energy storage (LDES) solution.

We're pleased to share that we received a Top 10 Gold Award in @AuManufacturing news and media 50 Most Innovative Manufacturers!

We're excited to announce that our 3rd gen automated production line is undergoing commissioning.

MGA Thermal and knode join forces creating a clear and actionable clean energy roadmap for Australia’s largest state

MGA Thermal is thrilled to announce we have been awarded funding by global energy provider Shell. The funding, provided under Shell GameChanger, the company’s start-up acceleration program, is to accelerate the completion of the MGA Thermal Energy Storage pilot. Located at MGA Thermal’s new commercial manufacturing facility in Newcastle, Australia, the pilot aims to

We were thrilled to win the Innovation Aus Translation Hero Award 2022 for Excellence for our use of research to revolutionise renewable energy systems.

MGA Thermal is pleased to share that Australian electricity giant, AGL Energy Limited (AGL), who operate Australia’s largest electricity generation portfolio, is progressing with a feasibility study of MGA technology to be applied to the 200 MW Torrens Island B power station in South Australia, supported by the Australian Renewable Energy Agency.

MGA Thermal attended All Energy in October 2022 in Melbourne. It was MGA Thermal’s third and largest exhibition in 2022, we are looking forward to even more exhibitions and conferences in 2023.

We are thrilled to share we have been awarded funding of $1.27 million from the Federal Government’s Australian Renewable Energy Agency (ARENA) to fund our pilot MGA Thermal Energy Storage.

We are thrilled to announce we reached a milestone with customer interest for 20 GigaWatt hours (GWh) of energy storage, the equivalent of powering 1.3 million homes, from customers for its breakthrough technology.