March 26th 2019

Azelio extends agreement with partner in China

“a clear acknowledgement we have an attractive solution for the Chinese market”

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.

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.

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Contact information

Azelio
Lindholmsplatsen 1
417 56 Gothenburg
Sweden

Phone: +46 532 100 20

Email: info@azelio.com

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