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MGA Thermal receives $8.25m to expand its energy storage system

Australian clean energy company MGA Thermal has secured $8.25 million in funding as the company moves to scale its long-duration energy storage (LDES) solution. 
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.