Azelio: Year-end report 2021
Significant events Q4: Oct – Dec 2021 · The leading certification body, DNV, issued a validation report showing that the TES.POD[®] energy storage system performs in all aspects in accordance with the technical performance specification. As part of the validation, DNV performed a due diligence of Azelio’s technology, production, R&D and test facilities, as well as partaking of operational data relating to production and storage capacity, system efficiency and response times. · An order was received for 1.3 MWh of renewable electricity supply, corresponding to eight TES.POD[®]