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19th of April 2019
Date created

Article on Azelio's strategic partner Masen's impressive solar work in Morocco

A good coverage by Svenska Dagbladet on Azelio's strategic partner Masen and solar power with storage in Morocco.

Masen leads Morocco's aim for 52% renewable energy by 2030, starting from zero with fossil imports. Masen is also managing the world's largest solar power park with storage in Ouarzazate as well as advisor to many African countries' renewable energy plans.

Azelio's solution for solar power with thermal storage is scalable and cost-effective from 0,5 - 100 MW, with a storage capacity of 13h electricity production at nominal power.

Read the whole article by SvD here: https://www.svd.se/solen-kan-bli-marockos-olja-i-enormt-okenprojekt

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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.