Azelio will install a verification project in Abu Dhabi in 3Q2020 together with Masdar and Khalifa University. The purpose of the installation is to evaluate Azelio’s energy storage technology for inclusion in the Masdar product portfolio for current and future renewable energy projects. An agreement has now been signed with ALEC Energy to set up the Azelio project site in Masdar city, Abu Dhabi.
The preparation for Azelio’s energy storage installation in Abu Dhabi is progressing according to plan. The project has reached an important milestone in a signed agreement with ALEC Energy to prepare and set up the installation site. ALEC Energy is the award-winning solar business division of ALEC Engineering and Contracting L.L.C., part of the Investment Corporation of Dubai. Azelio and ALEC Energy recently signed a Memorandum of Understanding, covering a collaboration over 49 MW installed capacity of Azelio’s energy storage until 2025.
Read the article online at: https://www.energyglobal.com/energy-storage/18082020/azelio-and-alec-energy-ink-agreement/