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Malta has the potential to be the first of a

Jan. 7, 2017 by Devin Jones

Malta has the potential to be the first of a long line of energy storage devices designed to be used in homes and offices that deliver power using electricity, according to its chief executive, Tim Bickley. "It's an important part of an emerging, fast-growing industry that will be key to our growing customer base, and will be a catalyst for developing new technologies to solve energy storage needs," Bickley said.

A mobile grid, mobile charging stations, and more

Malta's technology is a step towards a distributed, sustainable energy system that would enable large numbers of people to get to work and have access to clean, abundant energy. The project will be a long way away, however, and its launch comes as a blow to those efforts, according to Bickley. "We are not in a position now to compete with renewable energy, and it will be harder to achieve that in the future," Bickley said. "There will be opportunities for growth. The power needs are there, but there's no easy path."

The project will also help to increase efficiency by using water as the primary source of power, and will be able to meet the needs of cities and towns, he added.

The power needs are there, but there's no easy path

Malta's power needs are there, but there's no easy path