Azelio Employee Directory
Renewable Energy Equipment ManufacturingVästra Götaland, Sweden11-50 Employees
Azelio is a Swedish producer in the renewable energy equipment sector that offers a thermal energy storage system intended to deliver dispatchable electricity and heat. The storage solution provides about 13 hours of output at nominal power and is scalable, with current applicability for smaller installations where cost efficiency is achievable. The initial target market spans roughly 0.5 to 20 MW, with plans to broaden to a range from 100 kW up to 100 MW to address a segment that lacks affordable, sustainable options today. The technology supports microgrids, load shifting, distributed baseload, and off-grid solar deployments that require long-duration energy storage. The company is based in Gothenburg, Västra Götaland, and in October 2024 assets from its bankruptcy estate were sold to Texel Energy Storage AB.