We're on a mission to accelerate
the future of energy storage.
Based in Cambridge, Massachusetts, the Malta team demonstrates proven leadership in the energy sector. Our innovative market strategies and robust engineering talent are making a difference in the deployment of industrial-scale power generation systems. Malta bolsters its core team with a world-class syndicate of investors and energy industry partners to build and operate its electro-thermal energy storage systems.
Years in business
July 2022 employees
Investment in company in dollars
From Theory to a Successful Proof of Concept
Malta’s system is built upon well-established principles in thermodynamics, storing energy as heat (in molten salt) and as cold (in a chilled liquid). The idea is the brainchild of a Nobel Prize-winning Stanford University physics professor, who theorized the fastest way to transition to a decarbonized electric system is to integrate existing technology and supply chains. Malta was incubated at X, Alphabet’s Moonshot Factory, which identified the Malta system as a product that had the potential to unlock a wealth of inexpensive clean energy to address global energy demands. The team at X designed and tested individual system components and determined the Malta technology can work in the real world at a competitive price-point. Malta was formed as an independent company, outside of Alphabet, in December 2018.
Today Malta is in advanced discussions with a more than a dozen utilities in Europe, and the Americas over plans to deploy Malta’s long duration energy storage technology. As the urgency of the energy transition grows, interest in Malta’s ready-to-market, thermo-electric energy storage solution has skyrocketed. Meanwhile, Malta’s talented scientific and engineering team are establishing, testing, and refining rigorous design standards and associated supply chain relationships to prepare the company to scale rapidly over the next three-to-five years. In 2022, Malta’s board issued a directive to management to find, hire and unleash the best and brightest available talent in energy, business and tech. A quick scan of recent Malta news shows this directive is already fully in action.
Board Member, Chief Executive Officer
Ramya Swaminathan has developed Malta from concept to commercialization, guiding the company through multiple rounds of corporate venture funding and the recruitment of a multi-disciplinary team. She led the corporate independence of Malta from X, Alphabet's Moonshot Factory (formerly Google X) in 2018 and has served as the company's CEO since its founding.
Ms. Swaminathan was named one of Business Insider's "21 Rising Stars in Clean Energy" in 2020 and currently advises the U.S. Department of Energy and U.S. Department of Commerce as a member of the DOE Electricity Advisory Committee (EAC), the DOC Renewable Energy and Energy Efficiency Committee (REEAC), and as a DOE Clean Energy Education and Empowerment (C3E) Ambassador.
Before founding Malta as an independent company, Ms. Swaminathan was the CEO of Rye Development, a hydropower development firm that she grew to be the leading developer of new hydropower and pumped hydro storage projects in the United States. She earned a Master in Public Policy from Harvard University's John F. Kennedy School of Government and a Bachelor in Anthropology from Amherst College.
Chief Financial Officer
Albert “Al” Morales is an energy industry veteran with more than two decades of experience leading management, finance, and legal teams in the energy, manufacturing, and infrastructure sectors.
His record of company-building includes prior roles as President of PurEnergy, Managing Director of Energy Management, Inc. (EMI), CFO of the Gainesville Renewable Energy Center, CFO of American Renewables, and COO of Environmental Power Corporation/Microgy. Earlier in his career, Al was an investment banker at Furman Selz / ING Barings, and a corporate attorney in the New York office of Gibson, Dunn & Crutcher.
Mr. Morales received a JD from Columbia Law School, where he was a member of the Board of Editors of the Columbia Law Review. He earned his MBA from Columbia Business School and a Bachelor in Economics from Cornell University.
Managing Director - Product Development, Strategy and Operations
Philippe "Phil" Delleville is an experienced energy executive with extensive global business development acumen, having served in management positions with major national and international corporations.
Prior to joining Malta, Mr. Delleville held multiple roles with Siemens Gamesa Renewable Energy S.A., culminating in his leadership as the Global Head of Siemens Gamesa’s Project and Development Finance group. In this position, he oversaw over $4 billion in project financing and supported approximately four gigawatts worth of wind energy projects. Under his leadership, Siemens Gamesa became a leader in wind energy project repowering.
Mr. Delleville holds dual French and American citizenship and is multi-lingual, with fluency in English, French, German and Spanish. He earned a Bachelor in International Business and Finance from the European School of Business, Germany, a Bachelor in Business Administration from the Reims Management School, France, and his MBA from Temple University.
General Counsel & Senior Vice President of Corporate Development
Alex Hernandez joined Malta as a seasoned energy executive, with broad experience in the legal and business sectors.
He most recently served as Senior Vice President at Macquarie Capital, where he was tasked with sourcing and executing energy investments throughout the Americas in a range of sectors, technologies, and asset classes. Prior to Macquarie, Mr. Hernandez worked at Sempra Energy where he held a number of legal and commercial roles in the family of companies, from Senior Counsel to Director of Project Development to interim Director of Project Finance. During his tenure at Sempra Energy, Mr/ Hernandez was responsible for identifying, developing, structuring, and financing major energy infrastructure projects.
Mr. Hernandez began his career at Latham & Watkins LLP and Mayer Brown LLP, where he focused his practice on energy project finance, leveraged finance, and mergers and acquisitions. He holds a JD from the University of California, Berkeley and a Bachelor of Arts from the University of California, San Diego. He is admitted to practice law in the State of New York, the State of California, and the District of Columbia.
Executive Vice President of Global Business Development
Ralf Wiesenberg brings profound knowledge in multiple areas of renewable energy and energy storage solutions to his position as Executive Vice President of Global Business Development. In this role, Dr. Wiesenberg is responsible for formulating and implementing worldwide commercial strategies and tactics for Malta, building on the company’s current slate of customers and projects throughout North America and Europe.
Prior to joining Malta, Dr. Wiesenberg most recently served as Vice President of Business Development for Swedish long duration energy storage manufacturer Azelio. He also spent more than two years heading the renewable energy division at AFRY, a European leader in engineering, design, and advisory services. Dr. Wiesenberg also served as Managing Director at Sun to Market Solutions, Managing Director of ÅF Aries Energía, Business Development Manager – Energy at Grupo Cobra, and in roles with PricewaterhouseCoopers Advisory, Arthur D. Little, and German utility swb AG.
Over the course of his three-decade career, Ralf has gained extensive experience managing energy-related projects across the globe with a track record of success in Africa, Asia, Australia, Europe, Latin America, the United States, and the Middle East. He has worked with a diverse range of private and public institutions, bringing his expertise to bear on a variety of complex projects. Notably, Ralf had project assignments with numerous multilateral organizations including the Asian Development Bank, Inter-American Development Bank, World Bank, European Bank for Reconstruction and Development, and United Nations Development Business.
Dr. Wiesenberg holds a diploma in energy and process engineering from the Technical University of Berlin, where he also obtained his Ph.D. in Energy System Engineering. Additionally, he is a certified Financial Risk Manager. Dr. Wiesenberg is based in Madrid, Spain.
Vice President, North America
Melissa DeValles joined Malta with almost 20 years of experience within the energy industry, spending most of that time developing and acquiring energy assets on behalf of investors focused on North American markets. She worked for a large transmission and distribution utility as well as for DNV GL, a global consulting firm.
Ms. DeValles's experience among asset types includes traditional thermal generation, hydropower, combined heat and power, waste heat, and demand-side management solutions. In project and business development roles, she worked for FP New Hydro and Rye Development developing a 200+ MW portfolio. Prior to Rye Development, Ms. DeValles worked in a similar role for Recycled Energy Development where she was one of the founders of Greenleaf Power, a 135 MW portfolio of thermal assets and facilitate re-development of a 100 MW tri-generation plant.
Melissa's background is in operational engineering in the maritime sector, receiving a Bachelor of Science in Marine Engineering from Massachusetts Maritime Academy, including a license to operate steam and gas turbine vessels of unlimited tonnage. She began her career in the energy as a field engineer with GE Nuclear, performing plant outage work for US-based utilities.
Michael Geyer , Ph.D.
Managing Director, Malta European Affiliates
Dr. Michael Geyer directs Malta’s operations in Europe, with a focus on Malta’s multiple concurrent energy storage projects in the Iberian Peninsula and Germany. Dr. Geyerhas nearly forty years of experience in the international energy and telecommunications sectors, having led the installation of projects spanning the continents of Europe, Africa, and Asia.
Dr. Geyer successfully developed six large international concentrating solar power (CSP) projects with 450 megawatts of total capacity and over $2.2 billion in total investment. For a decade, he expanded and led Abengoa’s international solar business and project developments in the key solar markets of Algeria, Egypt, Chile, China, India, Morocco, South Africa, and the United Arab Emirates. Between 2000 and 2008 he served as the Executive Secretary of the IEA SolarPACES Implementing Agreement. He has also served as Vice-President of the European Solar Thermal Electricity Association ESTELA and was selected as the Co-President of the Board of Directors of the Long Duration Energy Storage Council In 2022.
He has authored and co-author of more than 60 publications, including technical books, journals, conference papers, studies, and reports. Dr. Geyer earned his Doctor of Engineering from the University of Duisberg-Essen, and his Physik-Diplom in physics from the University of Tübingen. He has also done graduate studies at the University of Stuttgart and the University of Oregon.
Project Structuring Specialist
Martin has more than 20 years of experience developing, building, and managing energy infrastructure assets in the U.S. and Latin America. His experience includes wind, biomass, hydro, solar, and natural gas-fired electric generation projects as well as natural gas transportation and electric transmission lines.
Before joining Malta, Martin designed the strategy and originated joint development agreements for IGNIS Energia’s expansion into the Americas. As GE MD of Power Markets development, he originated and managed strategic partnerships to develop gas and renewable power generation assets. At top tier development and asset management companies Competitive Power Ventures (CPV) and InterGen, Martin worked managing power plants, structuring and refinancing assets, and leading due diligence and acquisition efforts for the acquisition of power portfolios for Private Equity funds.
Martin is originally from Argentina. He holds a master’s degree in Construction Management from the University of Southern California, and a B.S. in electrical and mechanical engineering from the National University of Córdoba, Argentina. He also completed graduate studies in power markets.
Benjamin Bollinger , Ph.D.
Vice President, Strategic Initiatives
Benjamin "Ben" Bollinger is an industry-leading engineer and innovator with a background in energy storage and business startups. He was Chief Engineer and Co-Founder at SustainX, where he led the systems engineering and process design of the company’s Isothermal Compressed Air Energy Storage (ICAES) technology through three development iterations from kilowatt bench-scale to megawatt-scale commercial prototype.
Dr. Bollinger also served as VP of Engineering at Altaeros, a lighter-than-air cell-tower startup developing large autonomous aerostats (tethered balloons) to enable the cost-effective deployment of rural telecommunications infrastructure.
Dr. Bollinger earned both his Doctorate and Bachelor in Engineering from the Thayer School of Engineering at Dartmouth and a Bachelor in Mechanical Engineering and Thermodynamics from Dartmouth.
Vice President, Engineering
Kevin Stone came to Malta with 25 years of experience at GE Gas Power where he held roles in application engineering, field performance testing, quality and product management.
Most recently, he was the Manager of Regional Customer Application Engineers for North and South America. Over the last ten years, Mr. Stone has worked with many customers across the Americas to optimize gas turbine and combined cycle plant configurations and support customers' early-phase development technical decisions, strategies and permitting. He recruited, coached and led a highly effective international team that was recognized by customers and within GE for their knowledge, expertise and support. He and his team directly contributed to the successful development of over 6 GW of simple cycle and combined cycle plants, ranging from simple-cycle aeroderivative plants to H-class combined cycle plants with capacity exceeding 1,000 MW.
In addition to his career at GE, Mr. Stone gained experience in the start-up environment at the cellulosic ethanol technology company, Mascoma, leading the development and permitting of their pilot plant in New York and supported other commercialization and business development opportunities.
Mr. Stone earned a Bachelor of Arts from Dartmouth College and his Master in Engineering from Thayer School of Engineering, with a focus on Mechanical Engineering and Thermodynamics. During his graduate studies, he spent one year taking classes and conducting research at the Rheinische-Westfaelische Technische Hochschule in Aachen, Germany.
Vice President, Supply Chain
Alvaro Mozo joins Malta as VP Supply Chain. He is an experienced commercial professional with 16 years of international EPC industry experience in the Energy, Infrastructure and Advanced Manufacturing sectors.
Prior to joining Malta, Alvaro held multiple roles with Fluor Corporation in Engineering, Supply Chain, Project Management, Business Development and Strategic Planning. In his most recent role as Supply Chain Commercial Strategies Director, he was responsible for the development and supervision of Supply Chain strategies in the EMEA region, driving CAPEX reduction and margin improvements in EPC projects ranging from $50MM to multi-Billion USD. Alvaro also led Fluor’s global Supply Chain Services offering, framing and executing procurement/logistics services and multi-year supply chain consulting to international OEMs and operators in diverse sectors such as oil & gas, renewable energy, decarbonization projects, EV batteries & fuel cells, smart infrastructure and semiconductors.
Alvaro earned his MSc in Telecoms Engineering from University of Sevilla, Spain, and his MBA from Warwick Business School, UK.
Director, Project Finance Europe
Gunnar Marquardt joined Malta with over 15 years of experience in the field of photovoltaic and concentrating solar power plants. He was the Finance Manager at Abengoa where he focused on project due diligence, contract negotiations, finance, and risk assessments. He has experience as a development manager for renewable energy projects in Europe, Africa, South America, Asia, Middle East and Australia.
Mr. Marquardt has extensive expertise in financial modelling, economic analysis, risk management, and coordination of development and bid proposal management. He has been involved in the financing of the Shams 1 Solar Power Plant in Abu Dhabi, Kaxu, the Khi Solar One Power Plants in South Africa, and the Ashalim Plot B Solar Power Plant in Israel with a total installed capacity of over 371 MW and a project volume of over 3 billion USD.
Mr. Marquardt holds a double degree in Management and Engineering from the University of Applied Sciences of Jena (Germany). Additionally, he earned a Master in Solar Energy from the University of Almeria and the CIEMAT (Centro de Investigaciones Energéticas, Medioambientales y Tecnológicas de España).
Director, Control Systems Engineering
Alessio Cacitti joins Malta after 16 years with Baker Hughes (former GE Oil&Gas) where he held various roles in the Digital and Engineering organizations in the Turbomachinery division. His experience there ranged from Digital Product Owner for Artificial Intelligence applications on Control Systems, to Digital Solution Architect for Turbomachinery Asset Performance Management, to Steam Turbine and Compressor Control Systems Engineering Manager, with international assignments in France and Italy. He led turbocompressor and turbogenerator control systems development projects for refineries and power plants in Europe, North Africa and China, with responsibilities covering control systems software and hardware design, simulation and validation, site activities, and start-up.
Mr. Cacitti had previously worked in Alstom Trasmission & Distribution in UK as a Controls Engineer and at GE Intelligent Platforms in Luxembourg as a Controls Application Engineer. He brings over 20 years of international experience, in multi-national companies in the Oil & Energy sector, working and leading multi-cultural teams, with a proven record of execution excellence and on-time delivery.
Mr. Cacitti earned a Master of Science in Control Systems Software Engineering from the University of Bologna, Italy, with a Master thesis developed at the University of Montpellier, France. He has also co-authored 2 patents related to centrifugal compressor’s controls.
Consulting Engineer, Plant Systems Integration
Thomas "Tom" LeRoy joined Malta from a 35-year career at General Electric, where he was most recently Plant Product Manager. He has extensive technical expertise in plant systems design and interactions and key product development achievements, including delivering best-in-class HA technology to market. He has proven leadership in systems engineering, including the ability to direct large teams to achieve goals. He is experienced in setting vision for success with experience instituting key strategies that drive improvements to Total Installed Cost including product simplification, standardization, and modularization of accessories and constructability concepts to improve product competitiveness.
Mr. LeRoy's team at GE completed multiple plant designs and managed programs related to gas turbine, steam turbine, generator, accessories and controls in combined cycle applications, and completed the 109HA Plant development and validation at Bouchain Power Plant, achieving a world record for plant efficiency. His company and industry recognitions include the World's Most-Efficient CC Plant (2016) and Plant of Year (2017) for Bouchain Power Plant. Mr. LeRoy earned a Bachelor in Mechanical Engineering from Clarkson University.
Director, Product and Design Development
Samar Shah joined Malta with an impressive range of experience in the energy industry, including more than ten years of diversified experience across large organizations and start-ups.
Prior to joining Malta, he worked for Lockheed Martin Energy, where he served as IPT lead, managed power module development for commercial application, managed external resources, and led a multi-disciplinary team of engineers focused on developing a long-duration flow battery. During his tenure at Gradiant, Mr. Shah implemented several key design changes and applied innovative engineering solutions that were instrumental to Gradiant's growth from start-up to a company valued at over $100 million.
Mr. Shah believes in bringing innovation through simplicity to deliver effective, efficient, and economical solutions. He earned a Master in Mechanical Engineering from University of Texas at Arlington, a Bachelor of Engineering in Mechanical Engineering from GCET, India. In addition, he holds patents in energy storage and water treatment, and has written a range of journal publications.
Application Engineering Manager
Manager, Strategic Initiatives and R&D
Tian Ong joined Malta with a background in chemical process design and development, scale-up, and commercialization of new technologies. Her industrial experience includes polysilicon, oleochemicals, polymers, compact gas-to-liquids, and biofuels. She learned the intricacies of designing safe, reliable, and efficient chemical facilities at Cambridge Chemical Technologies, Inc. (CCTI), a startup-like technology-based process engineering firm, and at TechnipFMC, a leading energy technology provider.
In her more than seven years at CCTI, Ms. Ong contributed to developing over 15 Basic Engineering Packages (BEPs) for technology transfer of plant designs with capacities up to 250 kilo tons per annum (kTA). Her work as a senior process engineer encompassed all aspects of process engineering: simulations, process optimization, equipment design, safety and risk assessments, project management, and operations support.
She has advised domestic and international clients, providing engineering assistance from preliminary design phases through commissioning and start-up. While at TechnipFMC, she worked on the design of cumene and HCl oxidation facilities. She brings with her a wide range of experience and perspectives accumulated from tackling technical challenges, leading small engineering teams, and collaborating with multidisciplinary groups.
Ms. Ong earned her Bachelor of Science in Chemical Engineering from MIT.
Technical Lead, Electrical Systems Engineering
Escarlata Muñoz joined Malta with a background in electrical power plant design and construction execution. She has over 7 years of experience in the design of electrical systems, main electrical equipment, defining technical specifications, purchasing of electrical equipment, performing factory acceptance tests, and inspections of power plants.
Ms. Muñoz was responsible for the engineering supervision of the 110-MW concentrated solar tower power plant, Cerro Dominator, in Chile. She worked in the engineering and construction of 50-MW Khi Solar project in South Africa.
Her work experience includes designing the technical specification, supervising the layout, and collaborating with technical supplier documentation of electrical equipment for combined cycle power plants. She has worked on projects in Latvia, Algeria, Spain and Greece.
While working for Abeinsa EPC, she was responsible for the electrical engineers’ team, coordinating a budget of more than 20M€, reviewing the detailed engineering, and leading negotiations with suppliers.
Ms Muñoz started her career in 2009 as an electrical equipment expert for EA (Empresarios Agrupados), developing detailed engineering for combined cycle power plants. During her career she has collaborated in the engineering design of more than 3000 MW of installed power plant capacity.
Ms. Muñoz earned a Master of Science in Industrial Engineer with specialization in Electricity from the UPM (Universidad Politécnica de Madrid, Spain).
Manager, Project Execution
Janina Hippler-Nettlau joined Malta from Abengoa, where she was the Engineering Manager of the 280-MW Mojave Solar Project, two solar thermal power in Hinkley, California.
She has managed various projects from conception to purchasing to installation in order to improve plant performance and reliability. Ms. Hippler-Nettlau’s experience also includdes supervising engineering, construction, and commissioning of the Mojave Solar Project, setting up the operation and maintenance company, and transitioning to commercial operation. Prior to the Mojave Solar Project, Ms. Hippler-Nettlau worked in the R&D department of Abengoa Solar, where she developed, tested, and later commercialized parabolic trough collectors for solar thermal power plants.
Ms. Hippler-Nettlau earned a Diploma in Mechanical Engineering (equivalent to a Bachelor and a Master) from the Universität Stuttgart in Germany, where she specialized in Energy Systems and Rational Use of Energy. She developed her diploma thesis, “Design of a Flux Density Measurement System for Solar Thermal Power Tower Plants,” at the Plataforma Solar de Almería in Spain in collaboration with the German Aerospace Center (DLR).
Maria-Jose Manjon leverages nearly two decades of experience with water and renewable energy companies to provide corporate and project-level legal support for Malta.
Prior to joining Malta, Dr. Manjon served as in-house legal counsel for Befesa Medio Ambiente, Abengoa Solar, and Total Gas Electricité (Paris-La Defence). She previously headed the Contract and Risk Department of Abengoa Energy, where she took an active role in shaping the company’s energy contracts, corporate agreements, and project agreements including power purchase agreements. She applied her expertise to Abengoa’s project finance, risk management, international project development, bid proposal coordination, and management. Dr. Manjon contributed to the deployment of 370 MW of greenfield concentrated solar power plants in the United Arab Emirates, South Africa, and Israel, and worked on other energy project proposals in the United Kingdom, Chile, Mexico, Peru, Italy, Greece, China, India, Libya, Morocco, Algeria, South Africa, and the Philippines.
In 2022, Dr. Manjon was named one of the 250 most influential women in Spanish entrepreneurship by the by the High Commissioner for Spain Entrepreneurial Nation. She is a lecturer of corporate strategy at ICADE Comillas Pontifical University in Madrid and law for entrepreneurs at ESCP Madrid. Dr. Manjon serves as a board member of the Andalusian Business Angels Association (AABAN, Seville) and Woman Angels for Steam Association (WA4Steam, Madrid).
Dr. Manjon earned a law degree from the University of Granada and her doctorate in social innovation and energy studies at ICADE Comillas University. She is the Chair of Energy and Poverty and the Institute for Research in Technology of Comillas University’s ICAI School of Engineering and has published two peer-reviewed papers in Energy Research & Social Science and Social Enterprise Journal.
Senior Engineer, Performance
Finn Runkel joined Malta with extensive energy industry experience in business development and performance engineering, including eleven years spent at Abengoa, a Spanish energy and environmental technology company.
He started his career as a performance engineer designing, simulating, and optimizing concentrated solar power (CSP) plants for Abengoa Solar´s worldwide project development. He later worked in the concentrated solar power (CSP) plants for Abengoa Solar's worldwide project development. He later worked as a performance engineer and engineering manager on trough plant in South Africa with three hours' molten salt storage.
Mr. Runkel has worked in business development to identify business opportunities in the fields of combined cycle, waste-to-energy, cogeneration, biomass, wind and PV power plants in central and northern Europe, build client and partner relationships, and coordinate bid preparation for potential power plant projects. In 2019, he founded the transportation start-up, City Hitcher.
Mr. Runkel earned a Diploma in Mechanical Engineering (equivalent to a Bachelor and a Master) from Berlin Technical University in Germany, where he graduated with honors.
Director, Finance & Administration
Ahmed joined Malta from Candela Medical, where he was a Finance Manager. At Candela Medical, Ahmed was responsible for board reporting, global budgeting & forecasting, private equity investor reporting, R&D business partnering and other corporate finance responsibilities. Ahmed has 14 plus years of in-depth experience in Accounting, Finance and Auditing working with both public and private companies including KPMG, Bank of New York Mellon, State Street Corporation.
Ahmed has a BS in Accounting from Oxford Brookes University and a Master’s in Management and Finance from Harvard University.
David Martin joined Malta from Nalcor Energy, where he spent eight years in various roles within the energy marketing and trading team.
Mr. Martin has experience in both regulated and deregulated electricity markets and has provided strategic recommendations for an extensive assortment of short- and long-term market opportunities in New York, New England, and eastern Canada. In addition, he has developed and executed risk mitigation strategies for both market price and congestion risk, and has demonstrated profitability in trading renewable energy credits.
At Malta, Mr. Martin supports the company’s commercialization efforts, assisting customer and partner engagements across the energy value chain.
He earned an MBA from Memorial University of Newfoundland, where he was a Dean’s List recipient in the graduating class. He also earned a Bachelor of Science in Applied Mathematics, also from Memorial.
Todd Bates joined Malta from ScottMadden Management Consultants, where he was an Associate in the Energy practice. At ScottMadden, he worked with electric utilities across North America on topics including financial analysis of novel technologies, capital and O&M planning, net-zero carbon strategy, and grid operations. He was a member of the internal energy storage group, where he primarily focused on long-duration storage.
Mr. Bates graduated from the University of Wisconsin-Madison with a Bachelor in Economics and a Certificate in Engineering for Energy Sustainability. He was also a Business Plan team member of WiscWind, which competed in the U.S. Department of Energy’s Collegiate Wind Competition.
Madeline joins Malta from GE Gas Power, where she spent the past 5 years in a variety of commercial roles. She started with GE’s Commercial Leadership Program, an accelerated program where she completed five, six-month commercial and technical rotations including roles such as Field Engineer, Sales Operations, and Sales Manager. For the past several years, she has supported a variety of customers as a Commercial Manager, where she worked closely with customers to develop proposals for solutions to meet their complex problems.
Madeline has a Bachelor of Science in Chemical Engineering from Villanova University in Pennsylvania and is currently based in Atlanta, Georgia, USA. She will be bringing a knowledge of commercial excellence, contract negotiation, and customer partnership to Malta.
Director, Business Development & Policy
Jin Noh joins Malta with over 12 years of experience in clean energy and energy storage policy and market development. Prior to Malta, he served as the Policy Director and the Interim Executive Director of the California Energy Storage Alliance (CESA), which is a trade organization representing the energy storage ecosystem of 100+ member companies.
In his eight years at CESA, Mr. Noh managed and oversaw policy and regulatory affairs for CESA at CAISO, CPUC, CEC, and FERC, ranging from wholesale market design, interconnection processes, integrated resource and distribution planning, capacity valuation methodologies, virtual power plant policy, and procurement of energy storage and distributed energy resources. In addition, Mr. Noh has extensive experience consulting independently and at Strategen Consulting and SRI International, including on energy storage procurement strategies, grid resilience investments, and technology commercialization in clean energy industries.
Mr. Noh received a master’s in public policy from the University of California, Berkeley and a bachelor's in public policy and economics from Duke University.
Active Industry Leadership
Malta plays an active and engaged leadership role in industry and policy development. We designate significant financial and human resources to support leading energy storage organizations worldwide. This includes the global Long Duration Energy Storage Council of which Malta is a proud founding member and currently serves as Co-President of the Board.
Dr. Michael Geyer, Malta Managing Director
Inaugural LDES Council Board, May 2022
Malta is also a proud supporter of the following organizations
Alexandra "Alie" Pruner is a powerhouse in the fields of energy and finance, with extensive leadership experience and business expertise. Her 2022 appointment as Malta’s Board Chair set Malta apart as the only long-duration energy storage company with women serving as Board Chair, CEO, and the majority of voting board members. In addition to chairing the Malta board, Ms. Pruner serves as the Independent Director of the boards of NRG Energy, Inc. and Plains All American and as the Board Chair of Encino Acquisition Partners. She is a founding partner of the energy investment bank Tudor, Pickering, Holt & Co., serving as a senior advisor to that investment bank and its parent company, Perella Weinberg Partners.
As the founder of the Women's Global Leadership Conference in Energy, Ms. Pruner is a frequent speaker on the energy transformation and ESG-related topics. She holds a bachelor’s degree in economics from Brown University.
Ramya Swaminathan led the spin-out of Malta from X, Alphabet's Moonshot Factory (formerly Google X) in 2018 and has been the company’s CEO since its founding. She has led Malta through multiple rounds of corporate venture funding and has recruited a multi-disciplinary team focused on commercializing Malta’s thermal storage technology. She currently serves as a US Department of Energy Clean Energy Education and Empowerment (C3E) Ambassador and was appointed by the US Secretary of Commerce to the Renewable Energy and Energy Efficiency Committee (REEAC) to advise the Commerce Department on US competitiveness in these sectors. She was also named a Business Insider’s 2020 list of 21 Rising Stars in clean energy.
Before founding Malta as an independent company, Ramya was the CEO of Rye Development, a hydropower development firm that she grew to be the leading developer of new hydropower projects in the United States. She was responsible for the expansion of Rye’s platform into energy storage, with the addition of two sizable pumped storage hydro development projects in the U.S. Pacific Northwest. Prior to her work in the hydropower space, she was a public finance banker, most recently as a Director at UBS where she focused on public power clients and senior managed more than $10 billion in financings. She holds a Master’s in Public Policy from the Harvard John F. Kennedy School of Government and a BA in Anthropology from Amherst College.
Jeannine Sargent has over three decades of experience in international operating management, business strategy, and mergers and acquisitions. She has served as CEO and board member in the energy, manufacturing, and semiconductor industries, successfully building and expanding venture-backed and global public technology companies.
In addition to her membership on Malta’s Board of Directors, Ms. Sargent serves on the boards of Synopsis Inc., Fortive, and Proterra Inc. She is an advisor to Breakthrough Energy Ventures and a member of the Board of Trustees for Northeastern University, from which she earned her bachelor’s magna cum laude in chemical engineering
Alex Syed is an experienced corporate executive with extensive leadership and business development expertise developed in various senior positions during his four-decade career with Alfa Laval. He currently serves as a strategic advisor for Alfa Laval, having previously held a variety of executive roles with Alfa Laval’s operations on three continents, including Vice President of Corporate Development, Managing Director of U.K. Operations, President of the Equipment Division (U.S.), and General Manager of Thermal Operation in the Asia/Pacific region. He has overseen major projects advancing Alfa Laval’s core technologies of centrifugation and heat transfer .
Steven HirshBoard Member
Steve Hirsh is a business leader with C-suite executive experience focusing on business development, project development, and commercialization. In addition to serving on Malta’s Board of Directors, he is the Managing Director of Business Development for Proman.
Mr. Hirsh held prior roles as SVP and Chief Commercial Officer of G2X Energy, Inc. and Senior Director of Business Development of AEI Services LLC. He earned his MBA from the Fuqua School of Business at Duke University and a bachelor’s degree in commerce and finance from McGill University.
Ricardo Angel, MALTA Board Observer, is CEO and Managing Partner at PIVA Capital and brings more than 25 years of operational and investing experience in the energy and industrial sectors. Prior to starting PIVA in 2019, Ricardo was a founding Managing Director at GE Ventures, where he led origination and investments in energy, oil and gas, industry, and natural resources. While at GE, he also served as the Managing Director for Energy Technology Ventures (ETV), a $300 million joint venture formed by GE, NRG Energy, Inc. and ConocoPhillips. Ricardo joined GE from Chevron’s Venture Capital group and before that worked in investment banking at Goldman Sachs and at the CNA Corporation.
Ricardo holds an MBA from the Kellogg School of Management and Bachelor, Master, and PhD degrees in Engineering from the University of Illinois at Urbana-Champaign.
Raj Apte , Ph.D.
Dr. Raj Apte is an inventor and veteran engineer who initiated and led the team incubating Malta’s electro-thermal “heat battery” energy storage technology at X, Alphabet's Moonshot Factory (formerly Google X).
Prior to joining X in 2015, Raj managed a research team and clean room at Xerox Palo Alto Research Center (PARC), where he worked on polysilicon circuitry for ultrasonic and x-ray imaging, the internet of things (IoT), novel microelectromechanical systems (MEMS) displays, electronic paper, organic and printed transistors, and amorphous-silicon x-ray cameras. Five start-up companies have licensed his inventions, and he played a significant role in bringing five new technologies to market: thermal energy storage, ultrasonic fingerprint scanner, printed organic electronics, digital x-ray sensors, and micromachined diffractive displays.
Raj holds MS and PhD degrees from Stanford University and BS with Distinction from UC Berkeley, all in Electrical Engineering. He has 75 publications and 64 issued patents.
Michael Idelchik is an innovator and thought leader who has had a distinguished career developing new technologies across a broad range of markets. During his nearly forty-years with GE, Mr. Idelchik directed five divisions, grew sales by $3 billion with the expansion of the company’s global competitive footprint to China, and led the development of products that revolutionized a variety of fields including healthcare and aviation. As Vice President of Advanced Technology at GE Global Research, he led a team of 1,200 scientists, engineers, and technicians to develop and mature products and services in vital technological areas. As a result of his success with the company, he was awarded GE’s highest honor recognizing lifetime achievement.
He currently holds 18 patents in the fields of aviation, healthcare, oil and gas, and power. He earned his master’s degree in mechanical and electrical engineering from the Massachusetts Institute of Technology and a bachelor’s from Columbia University.