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Redeye resumes coverage of Azelio following its introduction of new operational targets for the coming years. Most notably, the targets are now related to making deals rather than establishing a production capacity. However, the targets imply a substantially slower commercial scale-up than we previously expected. We make significant changes to our estimates, resulting in a lower fair value range

Lähde: Finwire News

Azelio is a Swedish company in the game of changing the future of solar energy. A Swedish Stirling manufacturer, already a leading supplier of Stirling engine-based renewable energy solutions, we now put an even greater focus on distributed and dispatchable solar electricity.