Portfolio Company - MGA Thermal

Investment Year

2020

Website

Details

MGA Thermal has invented a new form of thermal energy storage material, offering low cost and high scalability.

Rationale

MGA Thermal augments the renewable energy sector by providing a means of storing energy at scale for the first time via their thermal energy blocks, storing hundreds to millions of kilowatt hours of energy.

Current wind and solar energy production is limited by their intermittent nature, and a scalable energy storage is needed. MGA Thermal’s energy storage blocks are able to provide base load electricity to the grid, and has the potential to revolutionise the way we think about electricity generation.

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Step 1 of 3 - General Information

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