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Azelio, Alec to build a 49MW renewable energy storage area in Abu Dhabi

Azelio, a Swedish company expert in thermal energy storage with dispatchable power, has signed a contract with UAE based Alec Energy to establish a renewable energy storage place at Masdar City in Abu Dhabi.

Alec Energy is the award-winning solar business segment of ALEC Engineering and Contracting, a part of the Investment Corporation of UAE.

Azelio and Alec Energy recently signed an MoU, casing a collaboration over 49MW established capacity of Azelio’s energy storage until 2025.

The verification project will be installed during the 3rd quarter in partnership with Masdar and Khalifa University.

The preparation for Azelio’s energy storage establishment in Abu Dhabi is progressing according to the project. The project has obtained an important milestone in a signed contract with ALEC Energy to prepare and set up the installation area.

Azelio CEO Jonas Eklind said: “We are pleased to progress in our collaboration with ALEC Energy. This contract is an important role for the project in Masdar City together with Masdar and Khalifa University and will confirm an advance-quality installation.”

“As Abu Dhabi’s house of innovation and R&D, Masdar City is proud to be the place for this initial project that has the believable to improve battery storage capacity for renewable energy projects. The achievement of this project could help aid a sustainable recovery following the COVID-19 pandemic and advance the energy transition around the world”, said Yousef Baselaib, Executive Director of Sustainable Real Estate at Masdar.

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