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

• Azelio has actually authorized an MoU with the Chilean business Industria Mecánica VOGT to evaluate power storage space projects for the mining market in Latin America.

Azelio has actually authorized a Memorandum of Understanding (MoU) with the Chilean business Industria Mecánica VOGT (VOGT) to analyze power storage space projects for the mining sector in Latin America. The MoU structures a partnership over a 10 MW ability of the firm's power storage space from 2021 till 2024. The events anticipate to set off more projects hereafter first arrangement.

The companies' long-duration power storage space system combined to solar PV will certainly be made use of to provide VOGT's pumping systems for the mining market with sustainable electrical power night and day. The initial projects are going for 50 kW in Q1, 2021 as well as 100 kW in Q3, 2021, adhered to by an extra 2 MW in 2022, 3 MW in 2023, as well as 5 MW in 2024.

"Joining hands with a recognized firm like VOGT and also to present our modern technology to the mining market is a really favorable action for Azelio. We expect showing the ecological and also business worths of Azelio's long-duration power storage space," states Jonas Eklind CEO of Azelio.

VOGT is a top local provider of pumping systems for the mining sector, with customers consisting of a few of the largest non-metallic as well as metal mining firms running in Latin America. The pumping systems need electrical energy 24/7, presently given by diesel generators in off-grid places. With this MoU, VOGT looks for to enhance its deal to provide the pumping systems with tidy as well as trustworthy power. Other than decreasing the ecological influence, Azelio's innovation will certainly likewise dramatically reduced the power expense, connected to pricey diesel. In addition, VOGT wants coming to be the companies' regional companion in the Chilean market to co-develop projects and also execute procedures and also upkeep pertaining to the companies' innovation.

"We are delighted to start this cooperation with Azelio and also collectively create its power storage space deal in the area. It is a possibility for us to enhance the worth to our customers with a cleaner and also more affordable electrical power supply for our pumping systems," claimed Alberto Campos, General Manager of VOGT.