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March 9, 2020updated 12 Jun 2020 12:01pm

Azelio opens renewable energy storage system in Morocco

Swedish renewable energy solutions provider Azelio has completed the installation of its renewable energy storage system in Morocco’s Noor Ouarzazate solar complex.

Swedish renewable energy solutions provider Azelio has completed the installation of its renewable energy storage system in Morocco’s Noor Ouarzazate solar complex.

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Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

The inaugural ceremony was attended by government representatives from various countries.

Azelio said that the installation is part of a joint technical and business development agreement with the Moroccan Agency for Sustainable Energy (Masen).

The storage facility is designed to store energy from solar and wind power and make it available in the form of electricity and heat at every hour of the day.

Masen CEO Mustapha Bakkoury said: “Our collaboration with Azelio is a good example of Masen’s R&D strategy to evaluate, co-develop and promote disruptive solutions. We are proud that Azelio’s energy storage is represented in the Noor Ouarzazate solar complex.”

Equipped with recycled aluminium as a storage medium, the system is said to be free from rare minerals, ensuring no reduced capacity over time.

The company noted that its energy storage system is scalable from 100kW to 100MW, filling a void in the market and moving closer to providing sustainable and affordable energy for everyone.

Azelio CEO Jonas Eklind said: “We have an ambitious development and commercialisation of our technology and Masen’s profound experience in renewable energy is of great value.

“Being present on one of the world’s leading arenas for renewable energy marks a big step for Azelio and is the platform from where we take the next step in becoming a global industrial player.”

In the first quarter of 2020, the company will carry out a verification of the storage. Azelio expects commercial installations to begin later in the year, with volume production to start in 2021.

Last November, Azelio teamed up with Biodico to develop 120MW in thermal energy storage projects in California by 2024.

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Free Report
img

Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

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