Azelio and its Chinese partner, Datang Holdings New Energy Technologies, are extending their agreement which includes deliveries of products to a planned solar park in China.
"China has big ambitions for solar power with energy storage. The renewed contract with Datang Holdings New Energy Technologies is a clear acknowledgment that we have an attractive solution for the Chinese market.”
– Jonas Eklind, CEO at Azelio.
The renewable energy sector is growing fast in China, with an overall target of 10 GW of installed solar power with storage by 2030. Azelio is established in China with an office managing the Chinese partnership and projects.