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Tag Archives: Mark Croudace

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  2. Entries tagged with "Mark Croudace"

MGA Thermal awarded $2.5 million from ARENA, prepares to resume commissioning

Manufacturing NewsBy Staff ReporterJune 18, 2024

Eight months after temporarily pausing its energy storage demonstrator’s operations due to an overheating issue, MGA Thermal has received a further nod of confidence in its recovery from the incident with an extra $2.48 million in backing from the Australian Renewable Energy Agency (ARENA.) The company shared news of the funding – which nearly triples…

MGA Thermal raises $5.7 million for energy storage

Manufacturing News, TechnologyBy Staff ReporterApril 16, 2024

Clean energy company MGA Thermal has secured an additional $5.7 million in funding, taking its recent funding round total to approximately $14 million. The company, which is demonstrating the scale and industrial capabilities of its thermal energy storage systems, was supported by returning investors including Main Sequence, Melt Ventures and new investor JEKARA. The funding…

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