Brief: Azelio Signs MoU With Partner In Mexico
22/06/2020 06:59
June 22 (Reuters) - Azelio AB AZELIO.ST :
* AZELIO SIGNS MOU WITH PARTNER IN MEXICO FOR ENERGY STORAGE SUPPLY TO COMMERCIAL AND
INDUSTRIAL
CUSTOMERS
* PARTIES EXPECT TO TRIGGER FURTHER PROJECTS IN ADDITION TO THIS INITIAL AGREEMENT.
* MOU FRAMEWORKS A COLLABORATION OVER A 20 MW CAPACITY OF AZELIO'S ENERGY STORAGE UNTIL 2024
* FIRST PROJECTS ARE PLANNED TO BE SMALL SCALE, AIMING FOR 150 KW IN 2021, FOLLOWED BY 3 MW
IN
2022, 6 MW IN 2023, AND 11 MW IN 2024
Source text for Eikon: ID:nWkrb1n1KN
Further company coverage: AZELIO.ST
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