1. Google spin-off that stores energy in molten salt backed by Jeff Bezos and Bill Gates

    Google spin-off that stores energy in molten salt backed by Jeff Bezos and Bill Gates

    Malta, a Massachusetts-based company, has raised $26m (£21m) from Breakthrough Energy Ventures, which counts the Amazon and Microsoft founders among its investors. The company was set up last year and hopes to be able to store electricity from solar and other renewable sources using an elaborate system that stores the energy as extreme heat and cold. It has now been spun off from X, the experimental arm of Google’s parent company Alphabet.

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