azelio

Swedish energy storage space innovation designer Azelio AB (FRA:4 AZ) has actually introduced the outcomes of its rights issue targeting net proceeds of about SEK 250 million (USD 22.33 m/EUR 22.76 m).

Swedish power storage company Azelio AB (FRA:4 AZ) as well as Egypt-based project designer Engazaat Development SAE are pressing ahead with the implementation of a joint project for renewable energy storage space after completing an usefulness research study.

Swedish power storage company Azelio has actually authorized an MoU with Atria Power to team up on mounting 65 MW capacity of energy storage ability in India by 2025

Swedish start-up Azelio says it will have a pilot project up and running in Masdar City by the end of following month. The modern technology sees electricity utilized to very warm aluminum with energy launched on demand through a warmth transfer liquid to drive a Stirling engine.

Swedish business Azelio has become part of a Memorandum of Understanding (MoU) with Mexican, CITRUS JMK S.A DE C.V (CITRUS) to analyze power storage space for agricultural, mining, food as well as drink, tourism and also the oil & gas industry in Mexico, North as well as Central America.

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.

Swedish storage company Azelio has started producing electricity from energy storage at a verification project at the Noor-Ouarzazate solar power station in Morocco.