New energy storage technology will be available for the North American market after the agreement between Azelio; specialized company in energy storage; and MMR Constructors; a U.S. based construction, maintenance, and technical services company.
Firstly, the companies signed a memorandum of understanding (MoU) with the intention to develop projects; combining Azelio’s long-duration energy storage, TES.POD, with also solar PV, to supply customer with renewable energy around-the-clock.
Secondly, the collaboration between companies aims at an installed capacity of 250 MWh of Azelio’s new energy storage technology, the TES.POD by 2027; starting with a small-scale installation in 2022.
Thirdly, Azelio’s energy storage solution, TES.POD, stores renewable energy in recycled aluminum. This top-notch technology development dispatches in demand from the storage to a Stirling engine; supplying electricity and heat with zero emission during night; and also, at times during the day when direct production is not sufficient.
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New energy storage tech, scalable and cost efficient
Moreover, MMR is an industry leader in instrumentation and electrical construction; also, maintenance, and technical services, based in the US. It has a global footprint of projects completed in 36 countries.
In addition, the collaboration between companies comes as MMR pretends to expands energy storage solutions in North America; the first phase of such collaboration brings Azelio as a system integrator in energy projects. Precisely, using its new technology coupled with solar PV generation.
On the other hand, about the relevance of the collaboration, Jonas Eklind, CEO of Azelio, said. “We are proud to initiate a collaboration with a leading industrial player as MMR. Our TES.POD can add a lot of value in the renewable transition; and also with MMR’s experience and broad know-how, we look forward to further develop our collaboration.”
Finally, Azelio’s technology stores energy in recycled aluminum; from which it is converted into electricity and also heat with a total efficiency of up to 90 percent. The solution is scalable, sustainable, and cost-efficient indeed; from 0.1 MW up to 100 MW.