Press releases

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April 02, 2019

Azelio signs MOU for reliable and sustainable electricity supply in Pakistan

Azelio signs a Memorandum of Understanding (MOU) with the Pakistani company JD Aviation for reliable and sustainable electricity supply in Pakistan. The MOU is a first step in introducing the technology to the market in Pakistan. A market characterized by an unreliable electricity grid and good solar conditions, where long-term energy storage with cost-effective electricity production will make a big difference.

March 26, 2019

Azelio extends agreement with partner in China

“a clear acknowledgement we have an attractive solution for the Chinese market”

March 20, 2019

Azelio selected by European Commission for the very first InvestEU Matchmaking Event

March 11, 2019

Azelio Newsletter, March 2019

Read about the recent happenings at Azelio. In the year-end report we show that progress is made according to plan. Azelio's highly skilled employees are requested as panelists and speakers at high-level events and conferences globally. Together with two of our partners, Masen and KTH, we presented our collaboration and advancements at an event hosted by the Moroccan Embassy. That and more in hour March newsletter. 

Regulatory

February 28, 2019

Year End Report 2018 Azelio AB

2018 was a positive and eventful year for Azelio. The demonstration of the Company’s proprietary energy storage technology attracted attention from around the world, resulting in enquiries from potential customers in over 50 countries. The Company’s development and industrialization is continuing according to plan towards a full-scale verification project later this year, smaller commercial projects next year followed by a ramp up in volumes. In the fourth quarter Azelio was listed on Nasdaq First North. With the listing, the company brought in 242 million SEK before transaction costs and 2,200 new shareholders, including several strong and long-term institutions.   

February 18, 2019

Solar power company Azelio progress with increased competence, new test facilities and presence in Morocco

Press release, 18 February 2019

Azelio has started the year with continued positive development. In line with the business plan, the global presence has been expanded with presence in Morocco. The development center in Åmål in Sweden has expanded its testing facilities for product verification. The company has also been reinforced with increased qualified expertise to progress the industrialization as planned and prepare for a coming commercial breakthrough.

Regulatory

December 10, 2018

Trading in Azelio’s share on Nasdaq First North commences today

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES.

Press release December 10, 2018

November 19, 2018

Azelio publishes prospectus related to its intention to list the company’s shares on Nasdaq First North

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE SEE IMPORTANT INFORMATION IN THE END OF THE PRESS RELEASE. 

November 15, 2018

Lars Thunell is nominated to Azelio’s Board of Directors

With solid and senior experience in both power and finance, Lars Thunell provides valuable knowledge to further strengthen Azelio's offering on the global energy market.

November 12, 2018

Azelio announces its intention to list the company’s shares on Nasdaq First North

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SOUTH AFRICE OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE SEE IMPORTANT INFORMATION IN THE END OF THE PRESS RELEASE.

November 07, 2018

Azelio receives SEK 52 million in proceeds from exercise of warrants

June 18, 2018

Azelio demonstrates game-changing technology for low cost solar energy storage

Swedish solar company Azelio on June 14th launched a demonstrator of its unique technology for solar energy storage. The technology is revolutionizing in its ability to generate clean electricity on demand around-the clock in a distributed way. It has modularity benefits and is more cost efficient than competing technologies, including fossil based.

June 11, 2018

Cleanergy becomes Azelio and raises 100 million SEK in oversubscribed private placement

Cleanergy changes its name to Azelio and accelerates the commercialization of its unique solar energy technology. Azelio can offer distributed electricity at a low cost at all hours of the day, thanks to its unique storage solution. Azelio has just completed a substantially oversubscribed private placement of 100 million SEK, taking total amount raised to over a billion SEK.

May 16, 2018

Masen and Cleanergy step up their joint quest for low cost solar energy storage

January 18, 2018

Masdar Institute and Cleanergy Partner in Research on Thermal Energy Storage for the Cleanergy Stirling CSP system

Renewable energy solutions that can deliver on-demand electricity and store energy when renewable resources are available, is the key component for transitioning into fossil fuel-free power generation. Masdar Institute of Science and Technology, which is part of the Khalifa University of Science and Technology, and the Swedish solar technology company Cleanergy have signed a service agreement to jointly engage in research on solutions for a Thermal Energy Storage (TES) system to integrate with Cleanergy’s Concentrating Solar Power (CSP) Stirling-based solar electricity technology.

January 10, 2018

Masen and Cleanergy jointly work on a Stirling CSP system for Thermal Energy Storage

Renewable energy solutions that can deliver on-demand electricity and store energy when renewable resources are available is the key component for transition to a fossil free power generation. Masen (Moroccan Agency for Sustainable Energy) and the Swedish solar technology company Cleanergy have agreed on a cooperation framework agreement to jointly develop a system for Thermal Energy Storage (TES) using the Cleanergy CSP-Stirling-based solar electricity technology.

June 19, 2017

Masen visits Sweden to discuss collaborations with Sweden and Swedish CSP technology provider Cleanergy

June 14, 2017

Cleanergy and Datang enter execution phase of multibillion SEK Stirling CSP project in China