Malta Inc. Triumphs at EUPD Research Awards
Recognized for Innovation Excellence in Energy Storage for the MEA Region
December 12th, 2024 –Cambridge, Massachusetts – Malta Inc. (“Malta”), a pioneering company in long-duration energy storage solutions, is honored to receive the prestigious EUPD Research Top Innovation Award in the Storage - Middle East & Africa category for its transformative steam-based energy storage technology. This accolade underscores Malta's innovative contributions to the energy storage field and its ability to provide solutions tailored to the specific energy needs of the MEA region.
The award was formally presented to Eren Engur, Managing Director of MEA, during the exclusive ESG Summit, the European Sustainability Week, on December 11, 2024 in Germany.
“Receiving the EUPD Research Top Innovation Award in the Storage - Middle East & Africa category is a proud milestone for Malta,” said Eren Engur. “This recognition highlights our dedication to providing advanced energy storage solutions that address the unique challenges of the MEA region. The Malta system is designed to operate seamlessly in any location, free from geological dependencies, empowering a more sustainable and robust energy landscape.”
"The energy storage sector is critical to achieving a resilient and sustainable energy future. Malta Inc.'s innovative Steam Energy Management and Storage (SEMS) technology exemplifies the cutting-edge solutions that the Top Innovation Awards aim to recognize. By seamlessly integrating proven thermodynamic principles with modern scalability, Malta Inc. demonstrates leadership in addressing the industry's long-duration energy storage needs, particularly in the Middle East and Africa. This achievement underscores their commitment to driving environmental and technological progress." — Markus A.W. Hoehner, CEO, EUPD Research
The EUPD Research Top Innovation Award, established as a pinnacle of recognition in the global energy industry for over 22 years, is distinguished by its rigorous multi-layered evaluation process. Combining expert analysis, stakeholder engagement, and comprehensive industry surveys, the awards recognize only the most groundbreaking innovations that meet the most stringent standards of technological innovation, environmental stewardship, and industry transformation. As a winner in the 2024 awards, Malta Inc. joins a distinguished group of innovators leading the way in transforming energy systems and fostering a sustainable energy future.
About Malta Inc.
Malta has developed a long-duration energy storage solution leveraging steam-based heat pump technology that offers cost- and energy-efficient, flexible, and integration-ready solutions to utility and industrial clients. Malta SEMS (Steam Energy Management and Storage) seamlessly integrates with existing energy infrastructure or operates as a stand-alone system, delivering clean, reliable power and heat at scale.
Designed to accelerate decarbonization, SEMS provides grid-scale synchronous long-duration storage with unmatched adaptability. The Malta system empowers leaders to achieve ambitious climate goals, diversify and decarbonize their economies, promote social and economic development, and strengthen energy security and independence.
MALTA Inc. Corporate Communications
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Phone: +1 617-586-2786
For further information, visit https://maltainc.com/