Brief: Azelio Signs MoU With Partner In Chile For Energy Storage Supply

Azelio AB

20/04/2020 07:09

April 20 (Reuters) - Azelio AB  AZELIO.ST :
    * AZELIO SIGNS MOU WITH PARTNER IN CHILE FOR ENERGY STORAGE
SUPPLY
TO THE MINING INDUSTRY
    * PARTIES EXPECT TO TRIGGER FURTHER PROJECTS AFTER THIS
INITIAL
AGREEMENT
    * FIRST PROJECTS ARE AIMING FOR 50 KW IN Q1, 2021 AND 100 KW
IN
Q3, 2021, FOLLOWED BY AN ADDITIONAL 2 MW IN 2022, 3 MW IN 2023,
AND 5 MW IN 2024
    * MOU FRAMEWORKS A COLLABORATION OVER A 10 MW CAPACITY OF
AZELIO'S
ENERGY STORAGE FROM 2021 UNTIL 2024

Source text for Eikon:  ID:nWkrc3Mm46 
Further company coverage:  AZELIO.ST 

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