Energy Storage News
13 March 2026
MGA Thermal raises AU$17 million as thermal energy storage startup enters commercial scale-up phase
Why It Matters for ITAD
Market movements like this can signal shifts in demand for ITAD services. New technologies may create opportunities or challenges for equipment processing.
Australia’s MGA Thermal has secured AU$17 million (US$12 million) in new investment for its long-duration thermal energy storage technology as it enters the commercial scale-up phase.
Key Takeaways
- • MGA Thermal raises AU$17 million as thermal energy storage startup enters commercial scale-up phase.
