"Yes, you can say the wind doesn't always blow and the sun doesn't always shine. The rain doesn't always fall either but we can store the water and we can store renewable energy if we have the investment."
— Hon. Chris Bowen, Australian Minister for Climate Change and Energy
Company News
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MGA Thermal MMI collaboration with TOSHIBA
A collaboration between Toshiba, MGA Thermal and Graphite Energy has been awarded a Modern Manufacturing Initiative (MMI) grant for $9.8 million towards a $19.6 million project to accelerate economical green hydrogen production.
MGA Thermal joins LDES Council
MGA Thermal is pleased to announce we have become a member of the Long Duration Energy Storage Council (LDES Council), a global executive-led organisation focused on replacing the use of fossil fuels to meet energy demand with zero-carbon long duration energy storage.
Collaboration with Peregrine Technologies
MGA Thermal is pleased to announce our collaboration with United States based Peregrine Turbine Technologies (PTT).
MGA Thermal raises AUD$8m
MGA Thermal is extremely pleased to announce that we have raised AUD$8 million (USD$5.8 million) to expand our manufacturing capacity and export MGA thermal energy storage globally.
EnergyLab Scaleup 2020
MGA Thermal is proud to share that we have been selected to participate in the EnergyLab 2020 Scaleup Program cohort.
MGA Thermal Awarded Accelerating Commercialisation Grant
MGA Thermal is excited to announce we have successfully secured an Accelerating Commercialisation Grant from the Australian Government Department of Industry, Innovation and Science.
Seed investment from CP Ventures
Despite the ongoing impact of COVID-19 on early stage investment in startups MGA Thermal are pleased to announce that we have secured seed investment of $500,000 funded by venture capital firm CP Ventures.
Partnership with E2S Power
MGA Thermal is pleased to announce our partnership with E2S Power Ag. This joint venture was recently formed in Switzerland to implement thermal energy storage into retired power plants.