2021 - MALTA INC. PUMPED HEAT ENERGY STORAGE (PHES) PROJECT

Milan, Italy – Eurotecnica, the technology arm of the Proman family of companies, a global leader in natural gas derived products and services, announces their involvement in the Malta Inc. project where Proman is

a leading investor and the engineering procurement partner for the pioneering energy storage technology. Eurotecnica’s role in the project will further solidify the company’s position as a leading global technology provider.
David Cassidy, Chief Executive of Proman, says, “There is an exponential global need for long-duration, low-cost energy storage solutions, and we are excited to work with the Malta team and our new partners to progress Malta’s highly scalable and technically robust solution. Alongside our investment, Proman will bring complementary design, engineering and construction expertise to the Malta PHES technology as we begin work with Malta on a commercial scale plant.”
Malta Inc., a pioneer in long-duration energy storage, is an offshoot of Google X, a research and development company managed by Alphabet, Google’s parent company.
Read more about the project here: Malta Inc. - Proman