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13th of April 2021

Azelio publishes annual report for 2020

Azelio’s annual report for 2020 has today been published on the company’s website and is available here:

To avoid printed copies we recommend reading the annual report digitally.  


For further information, please contact:

Jonas Eklind – CEO                                      Fredrik Wäppling - CFO
Email:                  Email: 
Tel: +46 709 40 35 80                                  Tel: +46 709 91 12 34                     

About Azelio
Azelio specializes in energy storage with electricity and heat production. The technology is revolutionary in that the energy becomes dispatchable, making renewable energy available around the clock. The energy is stored in recycled aluminium from which it is converted into electricity and heat with a total efficiency of up to 90 percent. The solution is scalable, sustainable, and cost-efficient from 0.1 MW up to 100 MW. Azelio has approx. 150 employees with headquarters in Gothenburg, production in Uddevalla and development centers in Gothenburg and Åmål, as well as presence in Stockholm, Beijing, Madrid and Ouarzazate. Azelio is listed on Nasdaq Stockholm First North Growth Market with FNCA Sweden AB as Certified Adviser: +46(0)8-528 00 399, More about Azelio: