Albert Group Services Pty Limited: MGA Thermal raises $8M AUD led by Main Sequence for its modular energy storage blocks

MGA Thermal wants to help utility companies transition from fossil fuels to renewable energy sources with shoebox-sized thermal energy storage blocks. The company says a stack of 1,000 blocks is about the size of a small car and can store enough energy to power 27 homes for 24 hours. This gives utility providers the ability [...]