Azelio presents at Redeye Growth Day 2022

On June 2nd at 11.20, CEO Jonas Wallmander will present the latest developments in the company at Redeye Growth Day. The presentation is live broadcasted and can be followed at Redeye Growth Day 2022 where the replay and presentations also will be available afterwards.

Azelio specialises in long duration energy storage with a system that also can deliver heat. The system is scalable, can be charged with electricity from any source and can be built in sizes that are suitable for distributed use close to consumers. The technology is revolutionary in that the energy becomes dispatchable, making renewable energy available around-the-clock. The company is currently introducing its energy storage system to the market, recently adopted new operational targets and outlined a gradual increase in sales to 1 GWh in installed storage capacity in 2026.

For more information, please contact:

Jonas Wallmander – CEO
Email: ir@azelio.com

About Azelio

Azelio specialises in energy storage with electricity and heat production. The technology is revolutionary in that the energy becomes dispatchable, making renewable energy available around-the-clock. The energy is stored in recycled aluminium and converted into electricity and heat with a total efficiency of up to 90%. The solution is scalable, sustainable, and cost-efficient from 0.1 MW up to 20 MW. Azelio has approx. 200 employees with headquarters in Gothenburg, Sweden. Production takes place in Uddevalla and the company maintains development centres in Gothenburg and Åmål, as well as a presence in Stockholm, Madrid, Cape Town, Brisbane and Ouarzazate. Azelio is listed on Nasdaq Stockholm First North Growth Market with FNCA Sweden AB as Certified Adviser: +46(0)8-528 00 399, info@fnca.se. More about Azelio: www.azelio.com