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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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 ...