Using a recycled aluminium alloy to store the heat from the day’s sunshine allows the MISP to produce electricity 24/7 The world is moving continuously towards using sources of energy that are more sustainable than the fossil fuels on which we predominantly rely today. Solar power is one of [...]
Swedish startup Azelio will see its long-duration Thermal Energy Storage (TES) technology used at the Mohammed bin Rashid Al Maktoum Solar Complex (MBR) in Dubai, UAE. Recycled aluminium alloy is used as a phase change material to store heat which is then converted to electricity. The company’s TES technology stores [...]
One of the world’s biggest solar parks in Dubai has hired Azelio AB to turn desert heat into electricity after sundown. Azelio’s technology is being used on Phase 4, a project jointly owned by Dubai Electricity & Water Authority, Saudi Arabia’s Acwa Power and Chinese state-owned Silk Road Fund. The [...]
Swedish thermal energy storage developer Azelio on Monday outlined plans to deploy about 25 MW of its systems in Jordan through 2023 under a newly agreed commercial collaboration. The company said it has agreed on a memorandum of understanding (MoU) with local general contracting firm Hussein Atieh & Sons Co [...]
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 demand around the clock, is a significant step in the [...]
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 [...]
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 formalize the partnership was signed today by Jonas Eklind, Chief Executive Officer, Azelio, Abdulla Balalaa, [...]
In addition to the planned verification in Morocco at the end of 2019, Azelio is now initiating a collaboration with the Swedish Glava Energy Center (glavaenergycenter.se) for verification of its technology also in Sweden. The collaboration enables tests close to the company's development and in system together with other renewable [...]
Azelio signs a Memorandum of Understanding (MOU) with the Pakistani company JD Aviation for reliable and sustainable electricity supply in Pakistan. The MOU is a first step in introducing the technology to the market in Pakistan. A market characterized by an unreliable electricity grid and good solar conditions, where [...]
Azelio has started the year with continued positive development. In line with the business plan, the global presence has been expanded with presence in Morocco. The development center in Åmål in Sweden has expanded its testing facilities for product verification. The company has also been reinforced with increased qualified expertise [...]
Azelio AB (publ) (”Azelio” or the ”Company”), announces that the trading in the Company’s share on Nasdaq First North commences today under the short name “AZELIO” with ISIN SE0011973940. Prior to the listing, Azelio has completed a share issue that provided the Company with approximately 2,200 new shareholders and minimum [...]
Azelio AB (publ) (”Azelio” or the ”Company”), a technology company that offers a system of Stirling engine-based concentrated solar power with thermal energy storage that enables electricity production around the clock, announces today its intention to list the Company’s shares on Nasdaq First North and to raise capital through an [...]
Swedish solar company Azelio on June 14th launched a demonstrator of its unique technology for solar energy storage. The technology is revolutionizing in its ability to generate clean electricity on demand around-the clock in a distributed way. It has modularity benefits and is more cost efficient than competing technologies, [...]
