April 1st 2020

Azelio Nyhetsbrev, mars 2020

Update on Azelio's progress and recent happnings.

• Azelio initiates collaboration in Oman with an MoU 
• Azelio signs MoU for energy storage project in Jordan 

Organization development/progress
• Azelio’s installation delivers first electricity in Morocco 
• Azelio completes an over-subscribed rights Issue of SEK 350 million 
• Azelio appoints Tine Cato as Sales Strategy Manager 
• Azelio inaugurates its energy storage in Åmål, Sweden 
• Azelio holds a well-attended inauguration at Noor in Morocco 
• Agreement with DNV-GL for verification of its Azelio’s energy storage 

Selected media
• Azelio on Svenskt Näringslivs list over Sweden’s most exciting climate projects 
• Sveriges Television (SVT) on Azelio’s energy storage solution 
• “Breakthrough solsar system uses recycled aluminum to store energy” 
• Aktiespararna – Förnybar energi när det behövs 

Report update
• Year-end report: Continued fast pace towards commercial contracts 

Update on the coronavirus
• An update on the coronavirus situation 

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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

Lindholmsplatsen 1
417 56 Gothenburg

Phone: +46 532 100 20

Email: info@azelio.com

© Azelio 2022