October 19th 2020

Azelio business update – Azelio has successfully verified its energy storage system’s performance

Azelio has successfully generated verification data so that the performance of the company’s energy storage system has been verified in accordance with the specification of 13 kW output power with a storage capacity corresponding to 13 hours of electricity production. The company has thus reached an important milestone in the commercialisation of its energy storage system.

The certification body DNV-GL has announced that it will issue an initial verification report within four weeks, which will be made available to Azelio’s customers.

The verification project has thus resulted in an adequate verification basis for smaller commercial projects, which has been an important sub-goal for Azelio in 2020. The verification project continues to generate longer data series for larger commercial projects.

The primary purpose of the verification project is to create a basis from which end-customers can receive external financing for projects with Azelio’s technology, which is done with the help of externally validated verification reports.

Azelio is a Swedish cleantech company. We have developed an ingenious long duration energy storage technology, providing dispatchable electricity and usable heat for all hours of the day – with zero emissions and at a very competitive cost.

www.azelio.com is using green hosting

Contact information

Azelio
Lindholmsplatsen 1
417 56 Gothenburg
Sweden

Phone: +46 532 100 20

Email: info@azelio.com

© Azelio 2022