- Storing renewable energy in molten salt.
- Malta is building a grid-scale energy storage technology that stores electricity from renewable energy sources as heat inside large tanks of high temperature molten salt and as cold in large tanks of chilled liquid. The system can discharge electricity back to the grid when energy demand is high – effectively “time shifting” energy from when it’s produced to when it’s most needed.
- Building a next-generation energy storage system.
- Malta, Inc is now an independent company. It plans to build and sell industrial-grade, grid-scale energy storage solutions that can be located anywhere in the world. These storage solutions will collect and store large quantities of energy to dispatch quickly as electricity on demand. The team will develop a megawatt-scale pilot plant to prove the technology at commercial scale, and are working with partners that have the expertise to help them build, operate and connect a pilot to the grid.
Source : Malta