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Azelio AB

Analyytikko

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Nettovaikuttavuus

Tiedotteet
6.9.
2022

Azelio and Elum Energy have partnered to deploy a solution to maximize the penetration of renewables and develop efficient control solutions for installations combining solar PV and long-duration energy storage. Bringing together both companies' advanced technologies, the solution sees Elum's monitoring and control working with Azelio's thermal energy storage system.

Tiedotteet
18.8.
2022

Azelio has taken an energy storage system into operation at Haneberg Farm in Sweden. The system is powered by solar panels and utilizes both electricity and heat generated by the system to dry grain.

"This is an important milestone for Azelio since it is the first time a project also uses the heat generated by Azelio's energy storage system. We see many applications for the heat, both in the agricultural sector and in other areas. Haneberg will serve as springboard for continued development of this part of the system," says CEO Jonas Wallmander.

Muut analyysit
18.8.
2022

Redeye comments on Azelio’s Q2 report which financials held no surprises. Progress is visible in the USA and amongst its verification projects, while the company writes down its MoU pipeline to 370MW (450MW).

Tiedotteet
18.8.
2022

Group financial development

Q2: April - June 2022
  •         Net sales amounted to kSEK 226 (629)

  •         Operating profit/loss amounted to kSEK -136,586 (-99,938) after depreciation and amortisation of kSEK -42,578 (-33,419)

  •         Earnings per share before and after dilution totalled SEK-1.19 (-0.87)

  •         Profit/loss for the period amounted to kSEK -137,499 (-100,289)

  •         Cash flow for the period amounted to kSEK -140,768 (-117,010)

Tiedotteet
16.8.
2022

Azelio is pleased to invite you to a digital Capital Markets Day on Thursday 22 September at 13:00-16:00.

During the Capital Markets Day, presentations will include the status of Azelio's product for energy storage, the TES.POD, Azelio's view of the market, needs, applications and market conditions, strategies and plans going forward. Presentations are held by, among others, Jonas Wallmander, CEO, and parts of the company management. The Capital Markets Day will be held entirely digitally and live-streamed.

Tiedotteet
11.7.
2022

On June 9, Azelio announced that the company had decided to transform the organization and in connection with this,  gave notice to the Swedish Public Employment Service regarding 100 employees. Negotiations with the trade unions on the notice have now been completed with the result that the number of employees is reduced by 55 persons through a combination of layoffs and people who leave at their own request without being replaced.

Muut analyysit
22.6.
2022

Redeye is encouraged by Azelio's progress in its most important key market. The deal itself is small but has significant strategic value, taking the company one step closer to a commercial launch in the USA.

Tiedotteet
21.6.
2022

Azelio AB, a Swedish cleantech company, has received its first U.S. order for its long-duration energy storage, the TES.POD, from Handi Stop Market in Fresno, California. Handi Stop will combine two TES.POD units with solar power to meet half of the energy demand at one of its locations.

The combined system including solar power, will provide 140 MWhe of clean power annually, representing half of the Handi Stop Market's total energy demand and a starting point for resiliency purposes providing stable power supply during power outages.

Tiedotteet
9.6.
2022

To achieve a more efficient and agile organization, Azelio has decided to transform its organization and give notice to the Swedish Public Employment Service regarding 100 employees. The transformation is estimated to reduce costs by approx. SEK 150 million on an annualized basis.

Tiedotteet
7.6.
2022

Fredrik Wäppling, who has been Azelio's CFO since 2020, is leaving the company. Eva Ramström takes over as acting CFO.

Azelio and Fredrik Wäppling have agreed that Fredrik's position as the company's CFO will end. As of today, Eva Ramström takes over as acting CFO. Until today, Eva has been Azelio's Finance manager and thus knows the company and the business very well. She has the understanding of the company's goals, plans, and challenges, as well as the right skills and experience, which guarantees a rapid start, maintained continuity, and efficiency in the work.

Azelio AB