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4th of March 2019
Date created

Azelio at the Latin America Energy Forum and co-event Powering Africa

Azelio successfully participated at the Latin America Energy Forum and the co-event Powering Africa, which both took place in Miami on February 25th-27th. Azelio´s VP Business Development, Dr Ralf Wiesenberg, was invited as a panellist for discussing with other experts from Altaaqa, Siemens, AES and ACCIONA the importance of digitisation and storage as the last step towards a 24/7 renewable power generation. During the session the panellist addressed topics as the importance of centralized SCADA/CMMS systems for decentralized power generation, the increasing necessity of smart grids for managing power systems, the advantages of new solar power generation concepts with thermal storage for supplying stable and reliable power as well as the increased use of corporate PPAs and its implication in project finance for these kind of energy projects. Many positive feedbacks from the audience confirmed the high interest and importance of the addressed issues for the ongoing electricity sector transformation.

Latin America Energy Forum

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12th of November 2019

Video interview with CEO Jonas Eklind

Azelio recently announced a rights issue that will amount to a maximum of SEK 350 million. CEO Jonas Eklind talks to Redeye’s analyst about what the funding will be used for, opportunities he sees in the market and a bit about the projects the company is working on. (in Swedish)

12th of November 2019

IAE highlights Africa’s role in shaping global energy trends

The International Energy Agency (IEA) highlights Africa’s role in shaping global energy trends in its Africa Energy Outlook 2019, https://www.iea.org/africa2019/. The report concludes that Africa in 2040 could meet the energy demands of an economy four times larger than today’s with only 50% more energy. Better access to energy will be key in achieving growth but it requires investments. If policy makers put a strong emphasis on clean energy technologies solar PV could become the continent’s largest electricity source in terms of installed capacity by 2040.