Investors

Jonas Eklind

+46 709 40 35 80 jonas.eklind@azelio.com

Partners

Jonas Wallmander

+46 722 01 88 00 jonas.wallmander@azelio.com

Clients

Jonas Eklind

+46 709 40 35 80 jonas.eklind@azelio.com

General

Jonas Eklind

+46 709 40 35 80 jonas.eklind@azelio.com

Careers

Marika Olsson

+46 72 725 66 00 marika.olsson@azelio.com

The future is bright

Azelio has the conviction that the future can be powered by solar energy. We intend to make renewable and clean electricity a majority in the global energy mix – in a reliable, efficient and cost competitive way.

INVESTORS

Expect

eco-nomic gain

Azelio’s disruptive solution will make clean electricity accessible through low-cost energy storage and on-demand distribution. We will make it available for countless industries and communities in large areas of the world that are lacking renewable and reliable solutions today. Since the inception Azelio has raised more than one billion SEK to make this happen. Our objective is to make our concept the most cost competitive of all alternatives on the market. And, we are progressing according to plan.

We stem from a strong heritage of high-tech engineering and have an industrial backbone recognized by both the Swedish state and our renowned and experienced partners. The latter and most recent being Masen (Moroccan Agency for Sustainable Energy) as they are now a prominent part of our R&D, industrialization and business development.

The concept portrait

1,2

BILLION PEOPLE LACK
ACCESS TO ELECTRICITY

AZELIO CAN OFFER CLEAN ELECTRICITY
WHERE AND WHEN IT'S NEEDED

OUR SOLUTION IS RELIABLE, EFFICIENT
AND COST COMPETITIVE

WE HAVE RENOWNED PARTNERS
AND A SOLID BUSINESS PLAN

Corporate Achievements

FINANCING ACCUMULATED SEKM

2008
0 MSEKAccumulated SEKM in financing
Incorporation of Cleanergy AB.
2009
29 MSEKAccumulated SEKM in financing
Conditional loan from Swedish Energy Authority for technology development.
2010
92 MSEKAccumulated SEKM in financing
Recruitment of key engineering competence from Nordic automotive cluster.
2011
201 MSEKAccumulated SEKM in financing
Technology competence center, Åmål, operational.
2012
273 MSEKAccumulated SEKM in financing
1st CSP demo plant installed, in Ordos, Inner Mongolia, China.
2013
361 MSEKAccumulated SEKM in financing
State-of-the-art engine production line acquired from a large Swedish automotive company in Uddevalla (SE).
2014
435 MSEKAccumulated SEKM in financing
Strategic partnership with Albright Stonebridge Group.
Nationwide CHP distribution channel established in the US.
2015
631 MSEKAccumulated SEKM in financing
2nd CSP demo plant commissioned in Dubai (installed in 2014).
2016
717 MSEKAccumulated SEKM in financing
Cooperation agreement with Masen, Morocco.
Pilot installation in Morocco.
2017
922 MSEKAccumulated SEKM in financing
Development of TES solution.
Signed agreement with Datang.
Patent applications for TES solution.
2018
1063 MSEKAccumulated SEKM in financing
Successful test runs of sub-systems of TES demonstrator.
Development agreement with Masen, for TES commercialization.
Joint development agreement with Masdar for TES solutions.
Secured 100 MSEK in substantial oversubscribed private placement