Recording of Thursday, May 08, 2025 | The smarter E Europe | Exhibition Program | Language: English | Duration: 9:55 .

Malta Inc. Pioneers Long-Duration Energy Storage with Utility-Scale Solutions and Strategic Partnerships

Malta Inc., a U.S.-based company, specializes in long-duration energy storage solutions distinct from short-term lithium-ion systems. They focus on utility-scale projects providing both power and heat through steam cycles, aiming for the lowest combined cost at scale. Founded as a Google Labs project with investors like Breakthrough Energy (owned by Bill Gates), Chevron, and Siemens Energy among others, Malta emphasizes partnerships to drive innovation forward. The company's technology uses molten salt—a well-established energy storage method—and targets sectors such as data centers and geothermal plants with flexible low-cost solutions. Their recent achievements include winning an innovation award at the World Technology Summit and launching pilot projects in Spain to test their 14-megawatt system's efficacy before scaling up further. Additionally, they are exploring opportunities in district heating/cooling across Europe and collaborating on retrofitting CCGT systems globally while addressing market needs for clean industrial power sources alongside partners like Aquapower—the world’s largest desalination firm—especially significant for Middle Eastern markets.

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Speaker

Eren Engür
Managing Director
Malta Inc

Talk of session: Joint Forces for Solar - 15th PV Briefing & Networking Forum Europe

As European solar markets continue to evolve while facing new and old challenges, it is vital to keep up to date with emerging trends. This session aims to aid that goal by providing useful insights into latest forecasts for the most important European solar markets. We are going to dive deep into technological innovations, current market trends and which business models are working well. This will allow the audience to gain a deeper understanding of what is currently happening in European PV.

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