Azelio has signed a Memorandum of Understanding (MoU) with Morocco-based JET ENERGY to explore energy storage projects with Azelio’s TES.POD in Francophone Africa. The collaboration targets approximately 45 MW capacity of the TES.POD until 2025, with JET ENERGY as project developer. In addition to this MoU, the parties anticipate an extended project pipeline once the first projects are initiated.
After cooperating for the installation of Azelio’s verification project in Morocco, JET ENERGY and Azelio are teaming up with the signing of a MoU to develop renewable energy projects in Morocco in particular, and in Francophone Africa in general. The collaboration seeks to assess projects utilising Azelio’s storage together with existing and new solar photovoltaic (PV) installations, to cost-efficiently provide electricity around the clock. The first project targets 50 kWe in 2021, followed by installations of larger scale projects with an expected total of 5 MWe in 2022, 10 MWe in 2023, 15 MWe in 2024 and 15 MWe in 2025.
JET ENERGY is an EPC Contractor specialised in construction, operation and maintenance of PV power plants. With this MoU, Jet Energy seeks to expand its business offerings and establish itself as one of Azelio’s technology providers in the region.
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Read the article online at: https://www.energyglobal.com/energy-storage/22102020/azelio-and-jet-energy-team-on-african-solar-and-energy-storage-projects/