Malta Inc

Malta Inc Partners with Cox to Accelerate the Deployment of Pumped Heat Energy Storage Solution We are excited to announce a new partnership with Cox, a global leader in sustainable energy solutions, as they join our distinguished group of investors to help accelerate the deployment of our Pumped Heat Energy Storage (PHES) technology. As Alexandra Pruner, Chair of Malta’s Board of Directors, stated: "This partnership with Cox is transformative for Malta. Their involvement and expertise across the full energy value chain will be invaluable as we continue to grow and push the boundaries of our PHES technology. We are thrilled to have Cox join our world-class investors, including Siemens Energy Ventures, Alfa Laval, Proman, Breakthrough Energy Ventures, X, the moonshot factory, Piva Capital, Chevron Technology Ventures, Dustin Moskovitz, and Trafigura. Our partners facilitate and enhance our ability to execute in this rapidly expanding growth market. As global leaders in the power sector, our partners bring unparalleled industry knowledge, technical expertise, and global commercial reach to help accelerate our commercial deployment." 🔗 Read the full announcement here: https://lnkd.in/eAX2tFki

This week, Malta Inc. attended the Energy Storage Coalition Annual Event, where they launched a #campaign urging the European Commission to adopt an Action plan on #EnergyStorage, building on the work already done by the DG Energy and the European Parliament, to enable Member States and stakeholders to fully leverage the opportunities available, providing clarity for investors, removing barriers, and ensuring that energy storage can fulfil its crucially needed role in Europe’s #EnergyTransition. Malta, through its European affiliate companies, proudly supports this campaign: https://lnkd.in/eVZ93rgJ Pictured: Doriana Forleo, Executive Director of the Energy Storage Coalition, and Michael Geyer, Managing Director of Malta. #CallforAction #CleanEnergy #LDES #EuropeanUnion

As the world accelerates towards a sustainable energy future, the shift away from fossil fuels is vital in the fight against #ClimateChange. Yet, this transition poses significant challenges, particularly for communities reliant on traditional energy industries. Job displacement and economic uncertainty are real concerns as regions navigate the shift to a low-carbon economy. But at Malta Inc., we believe that the energy transition can be an opportunity—not just for the planet, but for people too. 🏭 Repurposing Coal and Fossil Plants for a Cleaner Future 🏭 Coal and fossil plants, often seen as stranded assets, have the potential for new life. Instead of dismantling these plants, Malta’s long-duration energy storage (#LDES) technology can transform them into #EnergyStorageHubs that store excess renewable energy and dispatch it when needed. With their existing grid connections and strategic locations, these sites are perfectly suited for this role, creating a seamless pathway from fossil fuel dependency to renewable integration. Malta's approach to fossil plant repurposing integrates our charge and storage modules with existing plant infrastructure. This extends the operational life of fossil fuel plants, offering a smoother transition toward a greener #EnergyFuture. By adapting existing assets for #EnergyStorage, we preserve investments while aligning them with a decarbonized grid. This also enables the transition of otherwise-displaced workforces into the green economy, creating a pathway to new, sustainable roles. 🔧 Combined Cycle Power Plant Optimization 🔧 Malta's system enhances traditional power generation by integrating green generation steam from storage directly into combined cycle or steam power plants. This makes operations cleaner and more efficient, significantly reducing their #CarbonFootprint while improving overall plant economics. This integration not only boosts efficiency but also allows a more reliable deployment of renewable energy sources into the grid, supporting a smoother #EnergyTransition. 🌱 Revitalizing Economies and Ensuring a #JustTransition 🌱 At Malta, we engage responsibly with the communities that host our projects, working closely with local stakeholders, governments, and financial institutions to ensure that the energy transition is both environmentally sound and economically inclusive. Our projects bring substantial investment into local communities, retrain workers, and provide new opportunities in the #GreenEconomy. By turning coal plants and fossil fuel infrastructure into engines of innovation, we help build sustainable #EnergyEcosystems while fostering long-term, mutually beneficial relationships with the communities we serve. No one should be left behind in this shift to #CleanEnergy. The shift to clean energy is inevitable, but how we navigate it will shape the future. Let’s repurpose, reimagine, and rebuild—together. 💚 #ESG 🔗 https://lnkd.in/dQWrZwrU

Germany is making significant strides toward its renewable energy future with the launch of a new public consultation on the Supply Security of Generation Plants Law, 'Kraftwerkssicherheitsgesetz' https://lnkd.in/dKj_ymRY. This law, spearheaded by the German Federal Ministry for Economic Affairs and Climate Action (BMWK) https://lnkd.in/derdKQuh, aims to bolster energy reliability through capacity auctions for clean technologies and long-duration energy storage (LDES) scheduled for 2025 and 2026. It’s a key move in Germany’s commitment to a stronger, more resilient energy infrastructure with innovative solutions, targeting 13 GW of power plant capacity, including 500 MW of LDES with at least 72 hours of discharge capacity. 💡 What’s exciting? The technology-neutral approach enables all storage technologies and media to compete, creating an excellent opportunity for #LDES solutions like Malta Inc.’s thermo-electric energy storage system. With six years to reach commercial operation once awarded and favorable pre-qualification conditions, this initiative presents a meaningful chance to shape Germany's clean energy future—a journey that Malta Inc is ready to be a part of.   🔗 https://lnkd.in/dQ2j3Gu6 #EnergyTransition #LDES #RenewableEnergy #EnergyStorage #Germany #EnergySecurity

🌍Discover the groundbreaking technologies driving opportunities in LDES👇 🔋LDES is transforming the renewable energy landscape, attracting over $1.7B in funding in 2023. From thermal to chemical storage, LDES technologies are key to stabilizing the grid and ensuring a steady energy supply as we transition to renewables. 👉Curious about the technologies driving this shift? Read the full article to explore the innovations and their market impact: https://lnkd.in/eabA_JqB

We’re excited to announce that Philippe Delleville is Malta Inc’s new President and CEO! https://lnkd.in/dJ9V4KNj

🎉 We're so #proud to see both Malta Inc. and GeoPura recognized as finalists at the S&P Global Commodity Insights Platts Energy Awards! 🌍 A huge thanks to our incredible team and partners for driving innovation in #LDES. The path to bringing #FOAK projects to life is challenging, but we’re making each step matter!

Malta Inc is proud to celebrate our own Ramya Swaminathan on her continued service as a member of the U.S. Department of Energy (DOE)’s Electricity Advisory Committee (EAC). Her role on the EAC is instrumental in advising on key issues such as the reliability, resilience, and modernization of the U.S. electricity grid. With her deep knowledge and experience in the energy sector, Ramya is helping shape policies and solutions that drive the clean energy transition. We also extend our congratulations to Julia Souder, CEO of the Long Duration Energy Storage Council (LDES Council), on her appointment to the EAC. We are sure Julia’s vision and background will be invaluable as the committee continues its mission to guide the DOE on electricity-related challenges and opportunities. https://lnkd.in/gt82HHq2

At the 4th International Workshop on Carnot Batteries (#IWCB), Malta Inc had the pleasure of being represented by two key voices: Michael Geyer, Managing Director, and Janina Hippler-Nettlau, Director of Project Execution. 🔋 Michael Geyer delivered a thought-provoking presentation on Malta Inc’s PHES Carnot Battery to #decarbonize existing coal and gas plants to cover residual load curve and secure grid flexibility services. 🔋 Janina Hippler-Nettlau discussed the Store2REPower project: High-temperature PHES as a decarbonized flexibility replacement for fossil power plants. The recurring theme of this year’s IWCB was the #flexibility and #integration of #CarnotBatteries. As Janina highlighted, one of the key advantages of these systems is their ability to interact seamlessly with other power and heat technologies—being able to absorb and supply both heat and electricity. This adaptability is not only crucial for operational flexibility but also plays a vital role in ensuring future revenue streams. We are excited to be at the forefront of #EnergyStorage innovation and contribute to the conversation on how Carnot Batteries can enable a more flexible, decarbonized energy system. Thanks to everyone involved in this important event, specially to the organizers Karlsruhe Institute of Technology (KIT), University of Stuttgart, and German Aerospace Center (DLR)