MGA Thermal Revenue and Competitors

Empowering renewables through thermal energy storage. \n\nMGA Thermal’s mission is to revolutionise the world’s renewable energy systems by developing novel materials, designing innovative technologies and delivering thermal energy storage solutions.\n\nOur core technology is a newly invented type of thermal storage material, Miscibility Gap Alloys (MGA). These alloys can store a huge amount of energy as heat, in a safe and easy to use way.\n\nIn our storage solutions, modular blocks of MGA are stacked into insulated storage tanks, which can store energy for use in a range of applications – improving the electrical grid’s stability, residential and commercial space heating, industrial process/waste heat, and even electric vehicles. Our first focus though, is enabling intermittent renewable energy sources such as the sun and wind, to provide base load electricity to the grid.\n\nModular blocks of MGA are able to be stacked and scaled into thermal energy storage systems - storing hundreds to millions of kilowatt hours of energy.