April 2nd 2019

Azelio signs MOU for reliable and sustainable electricity supply in Pakistan

Pakistan has an average of 75 power outages per month (World Bank, 2018) and is dependent on backup systems to ensure a functioning infrastructure with continuous electricity supply. JD Aviation is focused on implementing solar power solutions and energy storage in Pakistan to increase the share of renewables to the energy mix. A MOU has been signed with Azelio for the possibility of replacing parts of the expensive backup systems that cause large emissions with a sustainable and cost-effective distributed electricity baseload. The signed MOU is a start in the preparation of introducing Azelio’s technology in Pakistan and build up resources for the entire customer journey, from sales to deliveries and aftermarket.

“Azelio’s technology enables a country like Pakistan to utilize its good solar conditions even when the sun does not shine. We are very pleased to have signed this MOU with JD Aviation, taking a first step towards a market introduction in Pakistan. We know that our technology can make a big difference in the region and we look forward to demonstrate it”, says Jonas Eklind, CEO of Azelio.

”Azelio’s solution has shown great promise in terms of scalability and reliability for generating electricity, compared to other solar and storage technologies. For Pakistan, the technology will help to avoid costly battery systems and eliminate diesel generators. We look forward to our continued collaboration with Azelio”, says Jalal Uddin Sadiq, CEO of JD Aviation.

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