Azeglio

Azelio is selected to present its energy storage at the 2021 NREL Industry Growth Forum

Retrieved on: 
Thursday, March 25, 2021

STOCKHOLM, March 25, 2021 /PRNewswire/ -- Azelio has been selected to present its TES.POD to investors and industry representatives at the 2021 NREL Industry Growth Forum (IGF), to be held virtually on April 20-22, 2021.

Key Points: 
  • STOCKHOLM, March 25, 2021 /PRNewswire/ -- Azelio has been selected to present its TES.POD to investors and industry representatives at the 2021 NREL Industry Growth Forum (IGF), to be held virtually on April 20-22, 2021.
  • The IGF, celebrating its 26th anniversary, is hosted by the U.S. Department of Energy's National Renewable Energy Laboratory (NREL).
  • "We are proud to be among the global top 40 companies, and as the only one from Sweden, selected for the 2021 NREL Industry Growth Forum.
  • We look forward to presenting how Azelio is making this possible to investors and industry representatives at the forum in April," says Jonas Eklind, CEO of Azelio.

Azelio and Svea Solar sign MoU for joint projects using energy storage coupled to solar PV

Retrieved on: 
Monday, January 25, 2021

STOCKHOLM, Jan. 25, 2021 /PRNewswire/ --Azelio and Svea Solar have signed a MoU to develop projects using Azelio's long-duration energy storage, TES.POD, coupled to PV systems.

Key Points: 
  • STOCKHOLM, Jan. 25, 2021 /PRNewswire/ --Azelio and Svea Solar have signed a MoU to develop projects using Azelio's long-duration energy storage, TES.POD, coupled to PV systems.
  • The collaboration will span over at least 3 projects in 2021, 5 projects in 2022, and 10 projects in 2023.
  • In support of expanding its business offerings into the energy storage segment in Sweden in particular and Europe in general, a collaboration is initiated with Azelio, as a developer of long-duration energy storage.
  • "I am proud to initiate this collaboration and glad that Svea Solar wants to address the energy storage segment together with Azelio.

Azelio Signs MoU for Energy Storage Project in Jordan

Retrieved on: 
Monday, January 13, 2020

STOCKHOLM, Jan. 13, 2020 /PRNewswire/ -- Azelio has agreed on a Memorandum of Understanding (MoU) with the Jordanian company Hussein Atieh & Sons Co. (HAE), to work together on setting up a small-scale project in Jordan.

Key Points: 
  • STOCKHOLM, Jan. 13, 2020 /PRNewswire/ -- Azelio has agreed on a Memorandum of Understanding (MoU) with the Jordanian company Hussein Atieh & Sons Co. (HAE), to work together on setting up a small-scale project in Jordan.
  • The project paves the way for a commercial collaboration of about 25 MWe of Azelio's energy storage technology in the Jordanian market until 2023.
  • The first project will have a capacity of 50 kW with 13 hours of storage and will be installed in Jordan Q4 2020.
  • HAE is confident that it together with Azelio will enable customers to operate efficiently by having 24/7 renewable energy supply," says HAE's General Manager Assistant Mohammed Atieh.

Azelio Signs MoU for Energy Storage Project in Jordan

Retrieved on: 
Monday, January 13, 2020

STOCKHOLM, Jan. 13, 2020 /PRNewswire/ -- Azelio has agreed on a Memorandum of Understanding (MoU) with the Jordanian company Hussein Atieh & Sons Co. (HAE), to work together on setting up a small-scale project in Jordan.

Key Points: 
  • STOCKHOLM, Jan. 13, 2020 /PRNewswire/ -- Azelio has agreed on a Memorandum of Understanding (MoU) with the Jordanian company Hussein Atieh & Sons Co. (HAE), to work together on setting up a small-scale project in Jordan.
  • The project paves the way for a commercial collaboration of about 25 MWe of Azelio's energy storage technology in the Jordanian market until 2023.
  • The first project will have a capacity of 50 kW with 13 hours of storage and will be installed in Jordan Q4 2020.
  • HAE is confident that it together with Azelio will enable customers to operate efficiently by having 24/7 renewable energy supply," says HAE's General Manager Assistant Mohammed Atieh.

Azelio's Verification Project in Morocco Delivers First Electricity

Retrieved on: 
Monday, December 30, 2019

STOCKHOLM, Dec. 30, 2019 /PRNewswire/ -- Azelio's verification project in Morocco has been completed and the first electricity has been produced according to plan: that is, by the end of the year.

Key Points: 
  • STOCKHOLM, Dec. 30, 2019 /PRNewswire/ -- Azelio's verification project in Morocco has been completed and the first electricity has been produced according to plan: that is, by the end of the year.
  • The first electricity from the energy-storage has been produced, whereby Azelio fulfils its goal of producing electricity before the end of the year.
  • The aim of the verification project is to generate data showing the technology's performance levels in a real-world environment over the coming months.
  • Azelio CEO Jonas Eklind says:"This has been an eventful year for Azelio, which we are now ending successfully with the delivery of the first electricity produced during our verification project in Morocco.

Azelio's Verification Project in Morocco Delivers First Electricity

Retrieved on: 
Monday, December 30, 2019

STOCKHOLM, Dec. 30, 2019 /PRNewswire/ -- Azelio's verification project in Morocco has been completed and the first electricity has been produced according to plan: that is, by the end of the year.

Key Points: 
  • STOCKHOLM, Dec. 30, 2019 /PRNewswire/ -- Azelio's verification project in Morocco has been completed and the first electricity has been produced according to plan: that is, by the end of the year.
  • The first electricity from the energy-storage has been produced, whereby Azelio fulfils its goal of producing electricity before the end of the year.
  • The aim of the verification project is to generate data showing the technology's performance levels in a real-world environment over the coming months.
  • Azelio CEO Jonas Eklind says:"This has been an eventful year for Azelio, which we are now ending successfully with the delivery of the first electricity produced during our verification project in Morocco.

Azelio Sets up Commercial Project in Zambia

Retrieved on: 
Thursday, October 17, 2019

STOCKHOLM, Oct. 17, 2019 /PRNewswire/ -- Azelio has signed a Memorandum of Understanding (MoU) with the Swedish company Nordic Distributed Power AB (ND Power) for a small-scale project in Zambia.

Key Points: 
  • STOCKHOLM, Oct. 17, 2019 /PRNewswire/ -- Azelio has signed a Memorandum of Understanding (MoU) with the Swedish company Nordic Distributed Power AB (ND Power) for a small-scale project in Zambia.
  • The installation will operate under real-world commercial terms and serve as a model for ND Power's future installations in the Southern African region.
  • The initial project is a plant of 50 kWe in Zambia, set to become operational in Q3 2020.
  • Azelio will receive some revenue from the initial project but the MoU is, as the second commercial statement of intent, primarily of strategic importance.

Azelio Sets up Commercial Project in Zambia

Retrieved on: 
Thursday, October 17, 2019

STOCKHOLM, Oct. 17, 2019 /PRNewswire/ -- Azelio has signed a Memorandum of Understanding (MoU) with the Swedish company Nordic Distributed Power AB (ND Power) for a small-scale project in Zambia.

Key Points: 
  • STOCKHOLM, Oct. 17, 2019 /PRNewswire/ -- Azelio has signed a Memorandum of Understanding (MoU) with the Swedish company Nordic Distributed Power AB (ND Power) for a small-scale project in Zambia.
  • The installation will operate under real-world commercial terms and serve as a model for ND Power's future installations in the Southern African region.
  • The initial project is a plant of 50 kWe in Zambia, set to become operational in Q3 2020.
  • Azelio will receive some revenue from the initial project but the MoU is, as the second commercial statement of intent, primarily of strategic importance.