Swedish company Azelio said that it has completed the installation of its renewable energy storage with 24h clean power production in Morocco.
Further, the installation is a partial result of the joint technical and business development agreement between Azelio, a specialist in thermal energy storage, and the Moroccan Agency for Sustainable Energy (Masen).
The solution has been successfully installed at the Noor Ouarzazate solar complex, and on the occasion the company organised an inauguration ceremony together with Masen.
During the event, various dignitaries were present including government representatives from several countries, the World Bank, IFC, Ambassadors, and many more.
However, the verification of the storage is expected to be initiated during Q1 of 2020, with commercial installations later in the year, and followed by the volume production in next year.
Commenting on the development, Jonas Eklind, CEO of Azelio, said that “we have an ambitious development and commercialization of our technology, where Masen’s profound experience in renewable energy is of great value. Being present on one of the world’s leading arenas for renewable energy marks a big step for Azelio and is the platform from where we take the next step in becoming a global industrial player.”
The Swedish company said that it has developed a solution for efficiently storing renewable energy from solar and wind power and make it available across the day as electricity and heat.
It further added that the system uses recycled aluminum as a storage medium, containing no rare minerals and suffers no reduced capacity over time.
Moreover, it is scalable up to 100 MW from merely 100 kW, and by that fills a void in the market towards the goal of universal access to affordable and sustainable energy, it claimed.
“Our collaboration with Azelio is a good example of Masen’s R&D strategy to evaluate, co-develop and promote disruptive solutions. We are proud to Azelio’s energy storage represented on Noor Ouarzazate solar complex,” said Mustapha Bakkoury, CEO of Masen.