Co-development LDES

Voltiq acted as strategic advisor to Malta Inc regarding the co-development of a 2 GW+ Long Duration Energy Storage ("LDES") pipeline in Spain. 

Malta is a technology and project development company headquartered in Cambridge, Massachusetts, with further offices across Europe. 

Malta’s innovative thermo-electric energy storage system represents a flexible, low-cost, and expandable utility-scale solution for storing energy over long durations at high efficiency. The system is comprised of conventional components and abundant raw materials – steel, air, salt, and commodity liquids.

The technology capitalizes on existing manufacturing and construction ecosystems in the Power and Oil & Gas industries, compressing COD timelines, reducing risk and keeping costs low. Malta’s utility scale and inertial component make it uniquely suited for power companies with a focus on resiliency ready to move to long duration today.

When coupled with renewables, Malta’s thermo-electric energy storage system enables the delivery of 24/7 green energy.

Voltiq assisted Malta in strategic business planning and partnership development regarding the Spanish market. The project also included detailed valuation of an existing pipeline project of 100 MW, based on Voltiq's extensive knowledge of key drivers in the Iberian electricity market.