Knode: Ledger

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Grant $3.2m

Company behind Australia's largest thermal storage project wins Arena funding

MGA Thermal, a NSW-based thermal energy storage developer, has received a $3.25 million grant from ARENA to fund engineering design studies aimed at commercialising its block-based heat storage technology for industrial use.

RenewEconomy 25 Feb 2026 MGA Thermal Knode Australian Renewable Energy Agency (ARENA)Darren Miller Mark Croudace

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Company behind Australia's largest thermal storage project wins Arena funding