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A Memorandum of Understanding (MoU) is signed between Azelio and MMR Constructors (MMR) with the intention to develop projects combining Azelio’s long-duration energy storage, TES.POD[®], with solar PV to supply customer with renewable energy around-the-clock. The collaboration aims at an installed capacity of 250 MWh of Azelio’s TES.POD[®] by 2027, starting with a small scale installation in 2022.
MMR is an industry leader in instrumentation and electrical construction, maintenance, and technical services, based in the US and with a global footprint of projects completed in 36 countries. In support of expanding its business offering in North America, a collaboration is initiated with Azelio as a system integrator in energy projects using Azelio’s energy storage solution, TES.POD, coupled with solar PV.
Azelio’s energy storage solution, TES.POD, stores renewable energy in recycled aluminum. The energy is dispatched on demand from the storage to a Stirling engine, supplying electricity and heat with zero emission during night and at times during the day when direct production is not sufficient.
“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 with MMR’s experience and broad know-how, we look forward to further develop our collaboration”, says Jonas Eklind, CEO of Azelio.