Malta represents the future of energy storage. With its grid-scale solutions that can store energy up to 50x longer than typical battery technology, Malta is enabling renewable energy to be used more efficiently and effectively, enhancing grid reliability and resilience, and expediting the transition to a clean energy future. Incubated at X, the Moonshot Factory (formerly Google \[X]), the company is backed by energy industry leaders Alfal Laval, Proman, and Chevron Technology Ventures, as well as investors Breakthrough Energy Ventures and Piva Capital. Malta is based in Cambridge, Massachusetts.
"The climate crisis is upon us. We have a narrow moment to act to avert its most catastrophic consequences. We can and we must seize this opportunity to speed the clean energy transition. The Long-Duration Energy Storage Council will help governments and industry to understand, value, and accelerate the deployment of the lynchpin of decarbonization: long-duration energy storage. Malta is proud to be a leading member of this important effort."