ISIN:SE0011973940

Azelio signs order in South Africa for 8 units of its renewable energy storage TES.POD®

STOCKHOLM, Nov. 17, 2021 /PRNewswire/ -- Azelio wins an order for 8 units with 1.3 MWh clean electricity supply of its long duration energy storage, TES.POD®, from South African-based farming company Wee Bee Ltd. The order has a value of approximately 1.2 million US dollars over 15 years includin...

2021-11-17 17:35 1450

Azelio has started the production of its energy storage TES.POD

STOCKHOLM, Sept. 22, 2021 /PRNewswire/ -- Production in volume design of Azelio's long-duration energy storage TES.POD has started according to plan. To ensure high quality in both the product and the supply chain, consisting of around seventy European suppliers, production will begin at a low pa...

2021-09-22 14:48 1757

Azelio signs conditional order with Engazaat Development S.A.E in Egypt for 20 energy storage units

STOCKHOLM, Aug. 19, 2021 /PRNewswire/ -- Azelio has received a conditional order from Engazaat Development S.A.E. for 20 of Azelio's TES.POD® renewable energy storage units. The order is valued at approximatelyUSD 1.5 million, and it is estimated that delivery will take place inDecember 2021. The...

2021-08-19 13:51 2042

Azelio reaches major milestone by winning its first commercial order from Dubai

STOCKHOLM, Dec. 9, 2020 /PRNewswire/ -- Azelio wins a first commercial order for its long-duration energy storage from ALEC Energy, thereby achieving a major milestone for the company. The storage unit will be part of a system in the fourth phase of one of the world's largest solar parks, the Moh...

2020-12-09 17:23 1753

Azelio's energy storage technology shown to be significantly more sustainable than lithium-ion batteries

STOCKHOLM, Sept. 21, 2020 /PRNewswire/ -- The climate impact of Azelio's energy storage system (TES.POD) is significantly less than that of lithium-ion battery storage and dramatically less than that of diesel generators. This is concluded in a Life Cycle Assessment made by the Swedish research i...

2020-09-21 16:33 2731

Azelio Signs a MoU With Trimark Associates in the US for Energy Storage Projects Across North America

STOCKHOLM, June 24, 2020 /PRNewswire/ -- Azelio's MoU with US-based company Trimark Associates Inc. (Trimark) covers a collaboration over 45 MW capacity of Azelio's energy storage until 2025 on the North American market, where Trimark will be the system integrator. In addition to this MoU, the pa...

2020-06-24 14:51 1523

Azelio Signs MoU With Partner in Chile for Energy Storage Supply to the Mining Industry

STOCKHOLM, April 20, 2020 /PRNewswire/ -- Azelio has signed a Memorandum of Understanding (MoU) with the Chilean company Industria Mecanica VOGT S.A. (VOGT) to assess energy storage projects for the mining industry inLatin America . The MoU frameworks a collaboration over a 10 MW capacity of Azeli...

2020-04-20 15:01 1674

Azelio Inaugurates its Renewable Energy Storage at Noor Ouarzazate Solar Complex in Morocco

STOCKHOLM, March 6, 2020 /PRNewswire/ -- Azelio has completed the installation of its renewable energy storage with 24h clean power production at Noor Ouarzazate solar complex inMorocco. An inauguration ceremony was held on March 5, 2020 together with the Moroccan Agency for Sustainable Energy (M...

2020-03-06 15:38 2028

Azelio Signs MoU for Energy Storage Project in Jordan

STOCKHOLM, Jan. 13, 2020 /PRNewswire/ -- Azelio has agreed on a Memorandum of Understanding (MoU) with the Jordanian companyHussein Atieh & Sons Co. (HAE), to work together on setting up a small-scale project inJordan. The project paves the way for a commercial collaboration of about 25 MWe of Az...

2020-01-13 15:32 1310

Azelio's Verification Project in Morocco Delivers First Electricity

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 verification of Azelio's solution for the storage and production of sustainable electricity on ...

2019-12-30 15:44 1658

Correction: Azelio Initiates Collaboration in Oman

STOCKHOLM, Dec. 20, 2019 /PRNewswire/ -- Azelio and Omani company Al Mashani have signed a Memorandum of Understanding (MoU) to jointly work on establishing a small-scale project inOman. The goal of the installation is to demonstrate Azelio's system in a realistic commercial setting and start a b...

2019-12-20 22:03 2449

Azelio Initiates Collaboration in Oman

STOCKHOLM, Dec. 20, 2019 /PRNewswire/ -- Azelio and Omani company Al Mashani have signed a Memorandum of Understanding (MoU) to jointly work on establishing a small-scale project inOman. The goal of the installation is to demonstrate Azelio's system in a realistic commercial setting and start a b...

2019-12-20 20:23 1964

Azelio Signs MoU for 120 MWe of Installations in California

STOCKHOLM, Nov. 18, 2019 /PRNewswire/ -- Azelio has signed a Memorandum of Understanding (MoU) with the US company BIODICO INC (Biodico) for a project in Atascadero, California. The MoU frameworks a collaboration over a capacity of about 120 MWe of Azelio's energy storage technology in the US mark...

2019-11-18 15:03 1333

Azelio Sets up Commercial Project in Zambia

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 inZambia. The installation will operate under real-world commercial terms and serve as a model for ND Power's fu...

2019-10-17 17:01 1692

Azelio Sets up Commercial Project in Sub-Saharan Africa

STOCKHOLM, Oct. 9, 2019 /PRNewswire/ -- Azelio has agreed on a Memorandum of Understanding (MoU) with the Swedish sustainable energy solutions company STELLA Futura, to work together on setting up a small-scale commercial project in Sub-Saharan Africa. The project's objective is to demonstrate Az...

2019-10-09 19:01 1250

Azelio to Partner With Masdar and Khalifa University to Install New Clean-tech Pilot Project at Masdar City

ABU DHABI, United Arab Emirates, Sept. 12, 2019 /PRNewswire/ -- Swedish solar energy company Azelio has partnered with Abu Dhabi Future Energy Company ('Masdar') and Khalifa University of Science and Technology to run a pilot project evaluating new technology in power storage. An agreement to fo...

2019-09-12 14:23 2596

Azelio Progresses in its Commercialization as the First Product Leaves the Production Line

STOCKHOLM, Aug. 28, 2019 /PRNewswire/ --  Azelio conducts a successful production premiere at its factory in Uddevalla,Sweden. This is where Azelio assembles its Stirling engine, which has been adapted to the company's energy storage solution with renewable power production for all hours of the d...

2019-08-28 19:26 2745

Azelio's Unique Energy Storage now Also for Solar PV and Wind Power

STOCKHOLM, May 22, 2019 /PRNewswire/ -- In June 2018, Azelio unveiled its energy storage technology, which enables the provision of electricity from renewables around the clock. That technology is based on a thermal energy storage system developed by Azelio, which features a Stirling engine for ...

2019-05-22 14:36 2119