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Azelio AB

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Tiedotteet
Update on sales, operational targets, and financing
16.1.
2023

During 2022, Azelio made important progress on its development and commercialization journey, including customer units in operation, the successful demonstration of the CHP solution (Combined Heat and Power) and new orders in prioritized markets. At the same time Azelio has continued to experience a longer-than-expected sales cycle for its novel Long-duration Energy Storage (LDES) system, the TES.POD, which is impacting Azelio’s initial target to deliver 10 medium-sized projects of 0.5-5 MW in 2023.

Tiedotteet
Azelio signs conditional order in Australia to provide Energy-as-a-Service based on five TES.POD units combined with solar power
28.11.
2022

Based on the conditional order, Azelio AB will, through a SPV (Special Purpose Vehicle), install solar power and its long-duration energy storage system for clean low-cost power. Electricity will be supplied to MPG Built Pty Ltd (MPG Built), based on an Energy-as-a-Service (EaaS) model.

Tiedotteet
Update regarding project portfolio and ongoing negotiations
18.11.
2022

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.

Muut analyysit
Azelio Q3’22: Laying Groundwork for 2023 - Redeye
18.11.
2022

Redeye comments on Azelio’s Q3 report, confirming that the company is progressing with its current projects while standing by its target of becoming cash flow positive in H2’23.

Tiedotteet
Azelio interim report after the third quarter 2022
18.11.
2022

Group financial development
Q3: July – September 2022

Tiedotteet
ALEC Energy Delivers World's First off-grid micro-grid with Azelio’s long-duration energy storage system for Noor Energy 1
15.11.
2022

The system, which includes a pioneering energy storage solution from Azelio, has been installed at 4th Phase of Mohamed Bin Rashid Al Maktoum (Noor Energy1) Visitor Center to deliver around-the-clock clean power.

Tiedotteet
Azelio publishes white paper on TES.POD with Combined Heat & Power (CHP) production
10.11.
2022

The long-duration energy storage system that Azelio has developed for electricity production on demand also features heat production. This is commonly known as Combined Heat and Power, or CHP. The residual heat from the system, when the TES.POD is in operation for electricity generation, can be available as usable heat.

Tiedotteet
Engazaat, Azelio, and Mascara NT launch the “SAVE Cleantech Utilities” alliance
8.11.
2022

On the occasion of the launch of the COP27 in Sharm El Sheikh in Egypt, Egyptian Engazaat S.A.E, Swedish Azelio AB, and French Mascara NT announce the forming an alliance to provide innovative utility solutions addressing the challenges of the Water-Energy-Food nexus. The alliance, SAVE Cleantech Utilities, will offer “Water-and-Energy-as-A-Service-Model” for the first time in the industry enabling farmers in off-grid desert locations to focus their resources on the farming activities.

Tiedotteet
First day of trading in warrants of series TO33
2.11.
2022

In October 2022, Azelio AB (publ) (“Azelio” or the “Company”) carried out a rights issue of units (the “Rights Issue”). The first day of trading in warrants of series TO33 (the "Warrants") issued as part of the Rights Issue on the Nasdaq First North Growth Market is today, 2 November 2022. The last day of trading in the Warrants is February 24, 2023. The Warrants will be traded under the short name (ticker) AZELIO TO33.

Through the Rights Issue, 28,969,295 Warrants have been issued.

Tiedotteet
Azelio publishes white paper on cluster auto control for its energy storage system
31.10.
2022

Azelio’s long-duration energy storage TES.POD units can be grouped in clusters within an energy park. An autonomous cluster control system has been developed to monitor individual units and engage those best suited to deliver power to the demand.

Azelio AB