Smoke development in a container at Azelio's development center in Åmål

On Tuesday evening, June 16, smoke development was reported in a container at Azelio's development center in Åmål. Azelio's staff was first on-site followed by the fire department. A minor smoldering fire from leaked sodium outside the system generated smoke and a passive extinguishing work was performed, after which the smoldering fire went out and smoke generation ceased. No person was injured in the incident.

The container contained, among other things, two of Azelio's energy storage units. At a first assessment, the incident is not attributable to Azelio's technology and the damage to the container and its contents are of milder nature. The equipment will soon be restored, which is not expected to have any impact on the company's time plan for ongoing commercialization and technology verification.

“Most important, of course, is that no one was harmed. We will now do a thorough review of the incident. What we can already ascertain is that our preparedness for a fire and the collaboration with the fire department is functioning”, says Jonas Eklind CEO of Azelio.

For more information, contact
Jonas Eklind – CEO at Azelio                       
Email: jonas.eklind@azelio.com                 
Tel: +46 709 40 35 80

About Us

Azelio is a public Swedish company, specializing in thermal energy storage with dispatchable Stirling-based electricity production when and where it is needed, modular and to a low cost. The technology is revolutionary for its unique ability to store thermal energy for production of electricity at nominal effect for 13h. The company has just over 100 employees, headquartered in Gothenburg with production facilities in Uddevalla and development centres in Gothenburg and Åmål in Sweden, as well as international presence in China, Spain and Morocco. Since the start in 2008, the company has invested over one billion SEK in technical development. In June 2018, the company changed its name from Cleanergy to Azelio and in December 2018 the company was listed on Nasdaq Stockholm First North. FNCA Sweden AB, +46(0)8-528 00 399, info@fnca.se, is Certified Adviser.

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