Azelio and Stella Futura set up commercial project in Africa

10 October 2019 (Last Updated October 10th, 2019 12:04)

Swedish solar energy company Azelio has partnered with sustainable energy solutions company STELLA Futura to start a commercial project in Sub-Saharan Africa.

Swedish solar energy company Azelio has partnered with sustainable energy solutions company Stella Futura to start a commercial project in Sub-Saharan Africa.

Both the companies have signed a Memorandum of Understanding (MoU) for the establishment of a small-scale project.

The agreement was signed at the Sweden-Sub Saharan Africa Chamber of Commerce (SSACC) in Stockholm. It is intended to showcase the use of Azelio’s aluminium-based storage technology that can generate electricity for 13 hours when fully charged.

As part of the agreement, a 50kWe plant is expected to enter into commercial service in the third quarter of 2020.

Currently, two sites in Ghana and Togo are being assessed for the project. Final commercial terms will be discussed by the two companies after site selection.

Once operational, the plant will supply renewable power to off-grid communities. Azelio will also demonstrate its technology’s ability to store energy from solar power and transmit it when needed.

Azelio CEO Jonas Eklind said: “Energy poverty is a common problem in Sub-Saharan Africa holding back individuals and societies. We have the ability to help overcome that problem in a sustainable way by redefining power.

“Demonstrating our technology in a real-world setting builds the knowledge and experience necessary for a roll-out of our solution on a larger scale.”

In addition, Stella Futura is expected to serve as sales, installation, and operation and maintenance partner for Azelio in the African region.

Between 2021 and 2023, Stella Futura has a pipeline of projects that have projected power capacity of 6.5MWe with 85MWhe storage capacity.

Stella Futura CEO Ulrika Tornerefelt said: “By partnering with the best storage solution providers in the market and having the deep competence of designing and integrating sustainable energy systems in combination with understanding and offering feasible business models for this region, we create real impact.”