The ALEC Energy – Azelio Thermal Energy Storage System is a 49,000kW energy storage project located in Dubai, United Arab Emirates.
The project will be commissioned in 2025.
Description
The ALEC Energy – Azelio Thermal Energy Storage System is being developed by ALEC Engineering and Contracting.
Contractors involved
ALEC Engineering and Contracting is the developer. Azelio is the technology provider for the project.
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By GlobalDataALEC Engineering and Contracting is the system integrator.
Additional information
ALEC Energy and Swedish company Azelio has signed a Memorandum of Understanding (MoU) that covers a collaboration over 49 MW installed capacity of Azelio’s thermal energy storage until 2025. The signed MoU frameworks a collaboration over 49 MW until 2025, starting with 150 kW in 2021, followed by 4 MW in 2022, 7 MW in 2023, 13 MW in 2024 and 25 MW in 2025.
About ALEC Engineering and Contracting
ALEC Engineering and Contracting LLC (ALEC), a subsidiary of Binaa Dubai LLC, is a construction company which executes construction projects. The company provides electro-mechanical construction services, facilities and design management, energy optimization savings, fit out, refurbishment, cost planning, procurement and value engineering solutions through its subsidiaries. It also offers lease and EPC (engineering, procurement and construction) agreement services, project development, operation, monitoring and maintenance services through its solar energy division. ALEC designs and constructs airports, hotels and resorts, high-rise buildings, retail and themed projects. The company operates office in Riyadh, Saudi Arabia. ALEC is headquartered in Dubai, the UAE.
Methodology
All publicly-announced energy storage projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects are sourced through secondary information sources such as country specific power players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector.
