MGA Thermal Long-Duration Thermal Energy Storage Scale-Up

planned

MGA Thermal, an Australian developer of long-duration thermal energy storage technology, secured $11.9 million AUD in funding to scale manufacturing capacity and commercial capability. The project involves transitioning from pilot deployments to full commercial rollout of electro-thermal energy storage solutions, expanding workforce, scaling manufacturing, and accelerating new customer projects over the next two years. The technology stores energy as latent heat in patented miscibility gap alloy blocks, providing industrial-grade steam as an alternative to fossil fuel heat.