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Home » News » Malta Inc Receives EUR 9 Million Grant to Assess Long-Duration Energy Storage in Germany
Finance

Malta Inc Receives EUR 9 Million Grant to Assess Long-Duration Energy Storage in Germany

By Michelle AdkinsNovember 7, 20232 Mins Read
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The German government has allocated a grant of EUR 9 million (approximately USD 9.7 million) to support a consortium of companies in their efforts to evaluate the potential of Malta Inc's long-duration energy storage (LDES) technology in advancing the decarbonization of electricity and heat generation in Germany. The funding, provided by the Federal Ministry for

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