A new digital experience designed to make it easier for partners, customers and industry leaders to explore the future of industrial heat. At MGA Thermal, we’re focused on solving one of the world’s biggest energy challenges: making renewable energy available for industry use whenever it’s needed - helping operators cut costs, cut carbon and run reliably. Today, we’re excited to launch our new website, built to give easier access to the technology, insights and information driving that mission.

Backed by a recent $17M capital injection, MGA Thermal has appointed Greg Fyffe as CCO to build its commercial engine, solving the heat trilemma for hard-to-abate industries — decarbonisation, cost-competitiveness and energy security.

MGA Thermal has commenced a Front-End Engineering and Design (FEED) study for a 195 megawatt-hour electro-thermal energy storage (ETES) project at Tronox, the global chemicals and mining company. The country's largest industrial-scale thermal storage project is being developed by Australian company Knode and co-funded by a $2.9 million agreement with the Australian Renewable Energy Agency (ARENA).

The funding round introduces IP Group Australia as a new investor, alongside existing investor Main Sequence. It brings total capital raised to more than AUD $50M and positions MGA Thermal for rapid expansion.

MGA Thermal has been awarded $3.25 million in funding from the Australian Renewable Energy Agency (ARENA) to support up to five Front-End Engineering and Design (FEED) studies for industrial partners seeking to deploy MGA Thermal’s breakthrough thermal energy storage technology.

We did it! MGA Thermal has won the 2025 Australian Renewable Heat Award for Outstanding Industrial Electrification Project for our 5 MWh Demonstration Unit. This industry recognition further validates the capabilities of our technology, which the team spent over a decade developing, testing, and refining, culminating in the official launch of our demonstration unit earlier this year. The successful operationalisation of the demonstration unit represented a critical milestone for MGA Thermal, shifting our first-of-a-kind Electro-Thermal Energy Storage (ETES) system from a concept into a commercially viable solution ready for deployment.