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Press releases

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Regulatory

October 24, 2019

The Board of Directors in Azelio intends to resolve on a partly guaranteed rights issue of up to approximately SEK 350 million

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.

Regulatory

October 24, 2019

Notice to extraordinary general meeting in Azelio AB (publ)

The shareholders in Azelio AB (publ), reg.no. 556714-7607, with its registered office in Gothenburg, are hereby summoned to extraordinary general meeting to be held on 26 November 2019 at 10.00 a.m. CET at the offices of Vinge law firm, Stureplan 8, Stockholm, Sweden.

Regulatory

October 17, 2019

Azelio sets up commercial project in Zambia

Azelio has signed a Memorandum of Understanding (MoU) with the Swedish company Nordic Distributed Power AB (ND Power) for a small-scale project in Zambia. The installation will operate under real-world commercial terms and serve as a model for ND Power’s future installations in the Southern African region.

Regulatory

October 09, 2019

Azelio sets up commercial project in Sub-Saharan Africa

Azelio has agreed on a Memorandum of Understanding (MoU) with the Swedish sustainable energy solutions company STELLA Futura, to work together on setting up a small-scale commercial project in Sub-Saharan Africa. The project’s objective is to demonstrate Azelio’s technology in a real-world commercial set-up, to pave the way for broader implementation in the region together with STELLA Futura.

Regulatory

August 21, 2019

Interim report: Azelio develops on plan or better – a technical breakthrough increases the potential

During the quarter the company announced a solution that allows its energy storage to also be charged using electricity, an important innovation beyond the stated plan. This broadens the uses of Azelio’s technology to include both solar and wind power, and also to more geographies.

Azelio’s CEO, Jonas Eklind, was awarded Mission Innovation Champion for Sweden.

An agreement has been signed with a sales agent for selling Azelio’s technology to deliver sustainable electricity to hospitals in Africa. In Pakistan, in the presence of Sweden's ambassador, a Memorandum of Understanding on reliable electricity supply in the country was signed. Dialogues have been initiated with the World Bank and UNHCR, among others.

In general, there is growing awareness of the need for substantial global expansion of micro grid systems for reliable baseload, not least as an alternative to today’s expensive and dirty diesel. This is attracting increased attention to Azelio’s unique sustainable and cost-effective technology.

Regulatory

June 18, 2019

Press release from annual general meeting in Azelio AB (publ) on 18 June 2019

Regulatory

May 17, 2019

Notice to annual general meeting in Azelio AB (publ)

Regulatory

April 26, 2019

Interim report Azelio – A positive first quarter

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.   

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