Azelio has inked a memorandum of understanding (MoU) with Jordanian company Hussein Atieh & Sons Co (HAE), to work together on setting up a small-scale energy storage project in Jordan.
The project paves the way for a commercial collaboration of about 25MW of Azelio’s energy storage technology in the Jordanian market until 2023.
The capacity is forecasted along the following timeline: 50KW in 2020, 3MW in 2021, 7MW in 2022, and 15MW in 2023.
The first project will have a capacity of 50KW with 13 hours of storage and will be installed in Q4 2020.
The identified preliminary end-user has submitted an Expression of Interest (EoI) to assess Azelio’s technology for the supply of electricity to a steel factory. The system is intended to offset the factory’s electricity consumption during peak hours.
The initial plant will demonstrate the technology’s capability in the given application at the client’s site and is intended to be followed by additional capacity in 2021 for a larger offset of the client electricity bill.
Both parties’ intention is for HAE to become one of Azelio’s sales, installation and O&M partners in Jordan.
“We are very pleased to start out in Jordan together with HAE by proving our technology’s ability to offset high on-grid electricity costs. This is a very interesting segment for us as it has strong commercial drivers,” said Azelio’s CEO Jonas Eklind.
HAE is a privately owned general contracting firm which in the last six decades (since 1961) has executed several projects of varied and complex disciplines throughout Jordan.
HAE is certified as a first-class general contractor in Jordan covering several disciplines in electromechanical works and infrastructure projects.
Azelio’s aluminum-based storage solution dispatches electricity when needed around the clock. Fully charged, the storage system produces electricity for 13 hours at nominal power.
“The renewable energy in Jordan and Middle East has seen tremendous development in the last years,” said HAE’s general manager assistant Mohammed Atieh.
“The pioneer technology of Azelio will unleash further potential in the renewable energy market. HAE is confident that it together with Azelio will enable customers to operate efficiently by having 24/7 renewable energy supply.”