Design verification system in Åmål

We’re running further tests on Azelio’s unique thermal energy storage solution. Here, at our full-scale design verification system in Åmål, things are moving at fast pace ahead of deployment. This system is equivalent to Azelio’s verification project in Noor, Ouarzazate, where installation is under way.

“We are combining ingenuity, hard work and professionalism to create something very exciting and I’m pleased to see both our DV-system and Azelio’s verification project taking form, on time and according to plan,” says Jonas Eklind, CEO at Azelio.

Contact
ir@azelio.com
http://azelio.com 

About Azelio
Azelio is a public Swedish company specialising in thermal energy storage with dispatchable, modular, low-cost Stirling-based electricity production when and where it is needed. The technology is revolutionary for its unique capacity to store thermal energy for the production of electricity at nominal power for 13 hours. The Swedish-based company has over 100 employees, is headquartered in Gothenburg, has production facilities in Uddevalla, development centres in Gothenburg and Åmål, as well as an international presence in China, Spain and Morocco. Since its establishment in 2008, the company has invested over SEK 1 billion in technical development. In June 2018, the company changed its name from Cleanergy to Azelio, and in December 2018 it was listed on Nasdaq Stockholm First North.