(IN BRIEF) BBVA and Malta Iberia PHES SL have signed an agreement to develop a 14 MWh long-duration energy storage demonstration plant in Puertollano, Spain. Utilizing a closed-loop molten salt and steam system, the facility will absorb surplus renewable energy … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Financial, Malta, Spain, Technology
Tagged BBVA, Ciudad Real, cleantech, climate-aligned finance, decarbonization, European energy resilience, grid stabilization, H2Med corridor, LDES, Long Duration Energy Storage, Malta Iberia PHES SL, Malta Inc., molten salt, National Hydrogen Centre CNH2, Philippe Delleville, Puertollano, renewable integration, Roberto Albaladejo, steam cycle
(IN BRIEF) Malta Inc., a leader in long-duration energy storage (LDES), has announced a grant awarded to its German subsidiary for a €9-million project aimed at expediting Germany’s energy transition efforts. The project, supported by the German Federal Ministry for … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Alasdair Maciver, Alfa Laval, decarbonization, Deutsches Zentrum für Luft- und Raumfahrt (DLR), energy transition, Malta Inc., partnership, Prof. Dr. André Thess, Ramya Swaminathan, Siemens Energy Germany, Sigmund Brielmaier, sustainability
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