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At a webinar earlier today, parts of Azelio's project portfolio consisting of ongoing and potential projects in different phases were presented. One of the projects relates to a potential plant in Australia comprising 5 TES.POD units and 2.45 MW PV, where Azelio owns the plant and sells the electricity to the customer under a 20-year PPA (Power Purchase Agreement). Azelio confirms that negotiations are being conducted regarding this project based on these parameters, but that no agreements or agreements exist at present.

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.