Azelio Signs MoU with Partner in Mexico for Energy Storage Supply to Commercial and Industrial Customers

CITRUS, based in Mexico, is an industrial equipment supplier and a turn-key energy project developer. The company is contributing to the sustainability of industrial process lines and providing high-tech integrated renewable energy solutions to its customers for both heat and power. With this MoU, CITRUS seeks to expand its business offerings in Mexico in particular, and in North and Central America in general. The goal is to establish Azelio as one of CITRUS' technology providers and to develop, install, and operate Azelio's technology, acting as a regional partner. 

STOCKHOLM, 22/06/2020 (informazione.news - comunicati stampa - energia)

CITRUS, based in Mexico , is an industrial equipment supplier and a turn-key energy project developer. The company is contributing to the sustainability of industrial process lines and providing high-tech integrated renewable energy solutions to its customers for both heat and power. With this MoU, CITRUS seeks to expand its business offerings in Mexico in particular, and in North and Central America in general. The goal is to establish Azelio as one of CITRUS' technology providers and to develop, install, and operate Azelio's technology, acting as a regional partner. 

says Jonas Eklind CEO of Azelio.   

. https://CITRUS.mx/en

Jonas Eklind - CEO                                      Ralf Wiesenberg - VP Business Development
Email: jonas.eklind@azelio.com                   Email: ralf.wiesenberg@azelio.com
Tel: +46-709-40-35-80                                   Tel: +34-699-30-86 -6                                                                 

Azelio is a public Swedish company specialising in thermal energy storage with dispatchable and low-cost Stirling-based electricity and heat production. The technology is revolutionary for its unique capability to produce electricity and heat from the storage at 13 hours on nominal power. The system stores energy in recycled aluminium and has a total efficiency of up to 90 % from energy to heat and electricity. It is scalable and cost-efficient from 0,1 MW up to 100 MW and the storage suffers no reduced capacity over time. Azelio has over 150 employees, is headquartered in Gothenburg with production facilities in Uddevalla, development centres in Gothenburg and Åmål, as well as a presence in Stockholm , Beijing , Madrid , and Morocco . Since its establishment in 2008, the company has invested over SEK 1,5 billion in technical development. Azelio is listed on Nasdaq Stockholm First North. FNCA Sweden AB is the company's certified adviser: +46(0)8-528 00 399, info@fnca.se. More about Azelio: www.azelio.com  

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https://news.cision.com/azelio/r/azelio-signs-mou-with-partner-in-mexico-for-energy-storage-supply-to-commercial-and-industrial-custo,c3138663

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