MGA Thermal is a clean energy company that provides energy storage solutions for grid and industrial use. The company offers a form of energy storage that converts variable renewable generation into a reliable supply of process heat and electricity.

MGA Thermal

Empowering renewables through thermal energy storage. 

MGA 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.

Our 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.

In 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.

Modular blocks of MGA are able to be stacked and scaled into thermal energy storage systems - storing hundreds to millions of kilowatt hours of energy.

CP Ventures

Alberts Impact Capital

Main Sequence Ventures

The Melt

Climate Venture Capital Fund

Chris Sang

Emlyn Scott

Glenn Butcher

A sustainable future is an inclusive future. 

MGA is proud to foster an environment and culture where everyone can thrive and be themselves. It’s reflected in our 2024 demographic data;
- 25% of employees are LGBTQIA+🌈
- 38% of our employees are women - an increase from 28.57% in 2023.
- 9% of our employees are non-binary.

These statistics are a testament to the culture at MGA Thermal, and we’re thrilled to be a place of inclusion, providing a safe space for employees to be themselves. 

#Inclusion #Diversity #scaleup #Team

Read the CSIRO ‘Where are they now’ to find out more about our story and how we are on track to make 27/4 renewables a reality.

MGA technology was invented after nearly 10 years of research and development at the University of Newcastle by Co-Founder Erich Kisi and Senior MGA Researcher Engineer Heber Sugo. 

The co-founding team then went through the CSIRO ON programs, taking on the challenge of translating highly technical research into commercial applications. 

https://lnkd.in/gi46WX_t
#ldes #startup #renewables #cleansteam

Power sectors globally are shifting away from fossil fuels; capturing renewable energy to power energy networks. 

For the first time, wind and solar have overtaken fossil fuel generation, providing 30% of the European Union’s electricity. A report from climate think tank Ember found EU power plants burned 24% less coal and 14% less gas from the first half of 2023 to the first half of 2024.

We’re excited to see more renewable energy generation coming online globally, as well as growing investment in long duration energy storage; the solution to making clean energy dispatchable and on demand 24/7. 

Read more about the report: https://lnkd.in/gc5h8WA4

#cleansteam #energystorage #renewables #ldes

Will Furness, Head of Business Development at MGA Thermal, joined the 2024 HunterNet Future Leaders Program Roundtable Luncheon last Friday, sharing his experience turning ideas into commercial successes.

Run by HunterNet Co-operative, it was great to join the event explore the Hunter’s resilience and global impact. 

#cleansteam #cleantech #decarbonisation #renewables #LDES

Photos: 3L Photography

We’re pleased to share our feature in the Capital Brief: ‘This Aussies startup’s heat storage bricks pave a path for industrial decarbonisation’!

The interview features our co-founder and CTO, Dr. Alexander Post explaining how the MGA material stores heat at up to 650 degrees Celsius, and its potential to decarbonise industrial settings, which account for a significant amount of global energy consumption.

Read the article: https://lnkd.in/gsvH5CFv

#cleansteam #cleantech #decarbonisation #scaleup #renewables #LDES

🌟 Meet Will Furness and Baidy Barton at the Future Leaders Luncheon! 🌟
 
Want to know how to turn a bold and innovative idea into a feasible reality?

Join us for an inspiring event with two leaders who are transforming the landscape of renewable energy and commercialisation.
 
Will Furness is an entrepreneur and climate activist currently leading Business Development at MGA Thermal, pioneering 24/7 renewable energy solutions globally. With a background at Canyon Solar and ARENA, Will's insights into strategic partnerships and the commercialisation journey will inspire us all to think big, bold, and achievable.
 
Baidy Barton has over 12+ years of experience helping mission-driven startups scale successfully. As the Commercialisation Director at The Melt, she supports Australia’s climate tech and advanced manufacturing ventures. Previously, as Chief Revenue Officer at Yellow Canary, she grew the company exponentially and earned multiple prestigious recognitions. Baidy’s journey from being the youngest partner at PKF to leading industry discussions on ESG, climate, and innovation is nothing short of inspiring.
 
At the luncheon, Will and Baidy will share their transformational journeys, strategic visions, and practical insights on turning visionary ideas into reality. This is your chance to learn from two trailblazers and gain valuable knowledge to future-proof our region.
 
🎟️ Grab your tickets now to secure your spot at this must-attend luncheon! https://hubs.li/Q02JHnc20
 
#HunterNetFutureLeaders #RenewableEnergy #Innovation #Sustainability #ClimateAction #Entrepreneurship #Growth #Scale #Leadership #Bold #Hunterregion

We were excited to be involved in Deep Tech Week 2024 – through Peerless: Main Sequence Portfolio Day. 

Our CEO Mark Croudace joined the ‘100k per day -Velocity as a Currency’ discussion with other incredible deep tech companies Paul Riley of Samsara Eco, Michele Stansfield of Cauldron Ferm and Sean Simpson of LanzaTech. 

It was a pleasure to share our journey in navigating the high-stakes environment of cleantech and our mission to make 24/7 renewables a reality. 

#deeptech #scaleup #renewables #thermalenergy

MGA Thermal is increasingly seeing client application requests globally, including from India. It was a pleasure to host the Consul General of India Dr. Janakiraman Sarvesvaran and Irfan Malik (MAICD) of Australia India Business Council through the MGA facility this week and better understand the assistance they can provide, as we commercialise for the mutual benefit of India and Australia. 

We look forward to the emerging opportunity to work together to help the MGA tech decarbonise the industrial sector in India and make 24/7 renewable a reality. 

#cleansteam #ldes #energystorage #decarbonisation

Investment into the energy storage space has seen US$15.4 billion in funding deployed globally in just the first half of 2024, according to Mercom Capital. 

It’s pleasing to see funding in energy storage is growing, and even more so to see non-lithium and LDES technologies hit the Top Five VC funded deals for H1 2024.

Investment in clean energy technology is surging and MGA Thermal is excited to lead the way in this new industrial renaissance. Both through our own scale-up of clean energy manufacturing as well as helping to decarbonise industrial manufacturing processes, making 24/7 renewables a reality.

#cleansteam #renewables #energystorage #ldes
     
https://lnkd.in/dSC3upRB

94% of our employees are proud to work for MGA Thermal. 

Our talented team is revolutionising energy storage technology, making 24/7 renewables a reality.

We are proud of the work we do and the incredible people who make it all possible. Together, we are changing the world, one MGA Block at a time.

#inclusion #diversity #scaleup #renewableenergy

news impact assignment basic	general
public peers	general	Aug 25, 2024 4:31 AM	a63fff89
news daily refresh	general
news processing daily refresh	general
news impact assignment daily	general
news processing basic	general
company summary	general
signals	general
crunchbase trigger	general	Nov 27, 2024 12:50 PM	268d4549
crunchbase profile	general
li profile	general	Aug 25, 2024 4:31 AM	29085e3e
translate crunchbase fundingrounds	general
peers	general	Aug 25, 2024 4:31 AM	f2e3ed7f
news basic	general	Aug 25, 2024 4:31 AM	d91ad2be
bundesanzeiger	filings
financials download nd	financials
private financials	financials

COM:MGATHERMAL

MGA Thermal