STOCKHOLM, August 18, 2020 / PRNewswire / – Azelio will install an audit assignment in Abu Dhabi in the third quarter of 2020 with Masdar and Khalifa University. The goal of the facility is to compare Azelio’s power garage generation in Masdar’s product portfolio for existing and long-term renewable energy allocations. An agreement has now been signed with ALEC Energy to install Azelio’s assignment in the city of Masdar, Abu Dhabi.
Preparation for Azelio’s energy garage facilities in Abu Dhabi is progressing as planned. The assignment has reached a vital milestone in an agreement signed with ALEC Energy to prepare and implement the installation site. ALEC Energy is the award-winning solar advertising department of ALEC Engineering and Contracting L.L.C., a component of Dubai’s investment firm. Azelio and ALEC Energy recently signed a Memorandum of Understanding, covering a collaboration of more than 49 MW of the installed capacity of Azelio’s power garage through 2025.
James Stewart, Managing Director of ALEC Energy, commented: “We are very excited about this solar garage collaboration with Azelio and are taking advantage of a number of other well-known regional opportunities to present this cutting-edge garage solution for larger projects as the Azelio product evolves into its structured structure. progression program. “
“We are pleased to advance our collaboration with ALEC Energy. This agreement is a step in the allocation of Masdar City with Masdar and Khalifa University and will ensure a highest quality facility,” said Jonas Eklind, Azelio’s ceo.
“As Abu Dhabi’s home of innovation, studies and development, the city of Masdar prides itself on being the location of this pilot assignment that has the perspective of the battery garage’s capacity for renewable energy allocations. Good luck with this assignment can help a sustainable recovery of the COVID-19 pandemic and advance the global power transition,” said Yousef Baselaib, executive director of sustainable real estate at Masdar.
For information, contact Jonas Eklind – CEO of Azelio Email: [email protected] Phone: 46-709-40-35-80
About AzelioAzelio is a Swedish public company specializing in thermal energy garage with power distribution. The generation is revolutionary for its unique ability to generate electricity and heat from the on-demand garage at any time of the day. The points of sale of the formula are fed in recycled aluminum and have an overall power of up to 90% of the power to generate heat and electric power. It is scalable and cost-effective from 0.1 MW to 100 MW and does not suffer from capacity reduction over time. Azelio has 150 employees, is headquartered in Gothenburg with production facilities in Uddevalla, progression centers in Gothenburg and Umel (Sweden), as well as presence in Stockholm, Beijing, Madrid and Morocco. Azelio has lately serves in Morocco and Sweden. Another facility will be operational in Abu Dhabi in the fall of 2020. Since its inception in 2008, the company has invested more than 1.5 billion Swedish kronor in technical progression. Azelio is indexed on Nasdaq Stockholm First North. FNCA Sweden AB is the company’s authorised advisor: (0) 8-528 00399, [email protected]. Learn more about Azelio: www.azelio.com
About ALEC Energy ALEC Energy is a similar advertising department of ALEC Engineering and Contracting L.L.C., which provides a complete turnkey solution for rooftop and floor-mounted photovoltaic solar plants. In a country where the sun sector is emerging, ALEC Energy has established itself as the most reliable and qualified solar response provider, benefiting from the local delight of an effective allocation control team together with experts with a solid technical knowledge in the structure of photovoltaic solar energy. ALEC Energy Plants offers a complete range of services, from concept to commissioning and even operation and maintenance of photovoltaic solar assignments in the UAE. ALEC Energy is a DEWA qualified contractor and a qualified corporate member of the Middle East Solar Industry Association.
About MasdarAbu Dhabi’s renewable energy company, Masdar is advancing the commercialization and deployment of renewable energy, sustainable urban progression and target technologies to address global sustainability challenges. 100 percent owned by Mubadala Investment Company, the Abu Dhabi Government’s strategic investment firm, our mandate is to assist the UAE’s leadership in the global energy sector, while supporting the diversification of its economy and energy resources to gain long-term generations.
About Masdar City Masdar City Abu Dhabi is one of the most sustainable communities in the world. It is composed of a group in the development of blank technologies, an advertising-free zone and a residential domain with restaurants, department stores and public green spaces. Masdar City is a style of painting for cities around the world that is based on the 3 pillars of environmental, economic and social sustainability, and continues to push the barriers of innovation. The sustainable city is home to the Headquarters of the International Renewable Energy Agency, several Fortune 500 companies, plenty of local businesses and entrepreneurs, and an undergraduate study institute.
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