Azelio signs MoU for energy storage project in Jordan
Azelio has agreed on a Memorandum of Understanding (MoU) with the Jordanian company Hussein Atieh & Sons Co. (HAE), to work together on setting up a small-scale project in Jordan. The project paves the way for a commercial collaboration of about 25 MWe of Azelio’s energy storage technology in the Jordanian market until 2023. This capacity is forecasted along the following timeline: 50 kWe in 2020, 3 MWe in 2021, 7 MW in 2022 and 15 MWe in 2023.The first project will have a capacity of 50 kW with 13 hours of storage and will be installed in Jordan Q4 2020. The identified preliminary end-