The Malta concept is built upon well-established principles in thermodynamics for a system that stores energy as heat (in molten salt) and as cold (in a chilled liquid). The project was incubated at X, Alphabet’s Moonshot Factory, which applies audacious thinking and radical new technologies to solve the world’s most challenging problems. Based on the research they’d seen, X identified the Malta system as a product that had the potential to unlock a wealth of inexpensive clean energy to address global energy demands. X’s team designed individual system components and evaluated whether the concept could work in the real world at a competitive price-point. The next two years were spent incubating the concept with a focus on derisking the most challenging concepts first. When it became clear that the technology had potential to be commercially viable at grid scale, Malta was formed outside of Alphabet as its own independent company.
On a Mission to Build the Future of Energy Storage Systems
Based in Cambridge, Massachusetts, the Malta team demonstrates proven leadership in energy go-to-market strategies and robust engineering talent in industrial-scale power generation systems. Malta has buttressed this core team with the formation of a world-class syndicate of investors and energy industry partners to build and operate its first pilot of an electro-thermal energy storage system.
Company Name | Malta Inc |
Business Category | Geothermal |
Address | 210 Broadway Suite 201 Cambridge Massachusetts United States ZIP: 02139 |
President | NA |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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